Canada: Non-Combined Refrigerator-Freezer Market 2025

Non-Combined Refrigerator-Freezer Market Size in Canada

The Canadian non-combined refrigerator-freezer market contracted to $X in 2022, waning by -6.3% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Non-Combined Refrigerator-Freezer Production in Canada

In value terms, non-combined refrigerator-freezer production fell sharply to $X in 2022 estimated in export price. In general, production faced a abrupt curtailment. The pace of growth was the most pronounced in 2017 when the production volume increased by 121% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Non-Combined Refrigerator-Freezer Exports

Exports from Canada

Non-combined refrigerator-freezer exports from Canada soared to X units in 2022, with an increase of 17% against the previous year. In general, exports saw a resilient expansion. The growth pace was the most rapid in 2015 when exports increased by 274% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-combined refrigerator-freezer exports surged to $X in 2022. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2017 when exports increased by 137% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

The United States (X units) was the main destination for non-combined refrigerator-freezer exports from Canada, with a 96% share of total exports. It was followed by the UK (X units), with a 2.3% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +15.8%.

In value terms, the United States ($X) remains the key foreign market for household refrigerators and freezers (not combined) exports from Canada, comprising 99% of total exports. The second position in the ranking was taken by the UK ($X), with a 0.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +38.6%.

Export Prices by Country

In 2022, the average non-combined refrigerator-freezer export price amounted to $X per unit, with an increase of 6.3% against the previous year. Over the period under review, the export price saw a buoyant increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 124%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the UK totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+19.7%).

Non-Combined Refrigerator-Freezer Imports

Imports into Canada

In 2022, purchases abroad of household refrigerators and freezers (not combined) decreased by -11.5% to X units, falling for the second year in a row after three years of growth. Overall, imports, however, showed a pronounced increase. The most prominent rate of growth was recorded in 2020 with an increase of 97%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-combined refrigerator-freezer imports expanded sharply to $X in 2022. Over the period under review, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2020 when imports increased by 59%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest non-combined refrigerator-freezer supplier to Canada, accounting for a 78% share of total imports. Moreover, non-combined refrigerator-freezer imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +2.0%.

In value terms, the largest non-combined refrigerator-freezer suppliers to Canada were China ($X) and the United States ($X).

In terms of the main suppliers, the United States, with a CAGR of +8.9%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the average non-combined refrigerator-freezer import price amounted to $X per unit, rising by 24% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 46% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%).

Source: IndexBox Platform

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