Czech Republic: Combined Refrigerator-Freezer Market 2025

Combined Refrigerator-Freezer Market Size in the Czech Republic

In 2022, after two years of growth, there was significant decline in the Czech combined refrigerator-freezer market, when its value decreased by -6.8% to $X. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2021, and then reduced in the following year.

Combined Refrigerator-Freezer Production in the Czech Republic

In value terms, combined refrigerator-freezer production skyrocketed to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 91% against the previous year. Combined refrigerator-freezer production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Combined Refrigerator-Freezer Exports

Exports from the Czech Republic

In 2022, approx. X units of combined refrigerators-freezers were exported from the Czech Republic; with a decrease of -4.1% against the year before. Overall, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of 36% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2021, and then contracted slightly in the following year.

In value terms, combined refrigerator-freezer exports declined modestly to $X in 2022. In general, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

Slovakia (X units) was the main destination for combined refrigerator-freezer exports from the Czech Republic, with a 89% share of total exports. Moreover, combined refrigerator-freezer exports to Slovakia exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. The third position in this ranking was taken by Hungary (X units), with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia amounted to +17.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+5.8% per year) and Hungary (+13.5% per year).

In value terms, Slovakia ($X) remains the key foreign market for combined refrigerators-freezers exports from the Czech Republic, comprising 85% of total exports. The second position in the ranking was taken by Hungary ($X), with a 3.1% share of total exports. It was followed by Poland, with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovakia stood at +15.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+22.4% per year) and Poland (-5.2% per year).

Export Prices by Country

In 2022, the average combined refrigerator-freezer export price amounted to $X per unit, leveling off at the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 26% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.

Combined Refrigerator-Freezer Imports

Imports into the Czech Republic

In 2022, overseas purchases of combined refrigerators-freezers decreased by -8.1% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 20% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then reduced in the following year.

In value terms, combined refrigerator-freezer imports reduced to $X in 2022. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.8% against 2015 indices. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

China (X units), Poland (X units) and Serbia (X units) were the main suppliers of combined refrigerator-freezer imports to the Czech Republic, together comprising 56% of total imports.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of +31.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and South Korea ($X) appeared to be the largest combined refrigerator-freezer suppliers to the Czech Republic, together comprising 57% of total imports. Serbia, Turkey, Italy, Romania, Slovenia, Germany, Bulgaria and Hungary lagged somewhat behind, together comprising a further 37%.

Among the main suppliers, Serbia, with a CAGR of +35.3%, saw the highest growth rate of 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 average combined refrigerator-freezer import price amounted to $X per unit, leveling off at the previous year. Over the period under review, the import price, however, saw slight growth. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then contracted modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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