Benelux: Refrigerator And Freezer Market 2025

Refrigerator And Freezer Market Size in Benelux

After four years of growth, the Benelux refrigerator and freezer market decreased by X% to $X in 2022. The total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2021, and then declined in the following year.

Refrigerator And Freezer Production in Benelux

In value terms, refrigerator and freezer production stood at $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Refrigerator And Freezer Exports

Exports in Benelux

In 2022, shipments abroad of refrigerators and freezers decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. In general, exports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2021, and then shrank sharply in the following year.

In value terms, refrigerator and freezer exports reduced rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then declined dramatically in the following year.

Exports by Country

In 2022, the Netherlands (X units) was the largest exporter of refrigerators and freezers, creating X% of total exports. It was distantly followed by Belgium (X units), committing a X% share of total exports. Luxembourg (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to refrigerator and freezer exports from the Netherlands stood at X%. At the same time, Luxembourg (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. Belgium experienced a relatively flat trend pattern. From 2012 to 2022, the share of the Netherlands and Luxembourg increased by X and X percentage points, respectively.

In value terms, the Netherlands ($X) remains the largest refrigerator and freezer supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

In the Netherlands, refrigerator and freezer exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Luxembourg (X% per year).

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X%. The level of export peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced mixed trends in the export price figures.

Refrigerator And Freezer Imports

Imports in Benelux

In 2022, overseas purchases of refrigerators and freezers decreased by X% to X units for the first time since 2015, thus ending a six-year rising trend. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2021, and then declined dramatically in the following year.

In value terms, refrigerator and freezer imports dropped to $X in 2022. In general, imports, however, recorded a measured expansion. The pace of growth was the most pronounced in 2020 when imports increased by X%. The level of import peaked at $X in 2021, and then shrank in the following year.

Imports by Country

The Netherlands represented the main importing country with an import of about X units, which resulted at X% of total imports. It was distantly followed by Belgium (X units), committing a X% share of total imports. Luxembourg (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Luxembourg (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest refrigerator and freezer importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

In terms of the main importing countries, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform