Eastern Europe: Combined Refrigerator-Freezer Market 2025

Combined Refrigerator-Freezer Market Size in Eastern Europe

The East European combined refrigerator-freezer market dropped rapidly to $X in 2022, waning by -16.8% against the previous year. In general, consumption recorded a pronounced curtailment. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Combined Refrigerator-Freezer Production in Eastern Europe

In value terms, combined refrigerator-freezer production contracted to $X in 2022 estimated in export price. Overall, production recorded a slight decline. The growth pace was the most rapid in 2013 when the production volume increased by 13%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Combined Refrigerator-Freezer Exports

Exports in Eastern Europe

In 2022, overseas shipments of combined refrigerators-freezers increased by 1.2% to X units, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 13% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, combined refrigerator-freezer exports rose notably to $X in 2022. The total export value increased at an average annual rate of +4.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 25% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, Poland (X units) represented the largest exporter of combined refrigerators-freezers, mixing up 43% of total exports. Romania (X units) took the second position in the ranking, distantly followed by Russia (X units), Belarus (X units) and Bulgaria (X units). All these countries together took near 47% share of total exports. The following exporters - Hungary (X units) and Slovakia (X units) - each accounted for a 6.2% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +16.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest combined refrigerator-freezer supplier in Eastern Europe, comprising 55% of total exports. The second position in the ranking was taken by Romania ($X), with a 16% share of total exports. It was followed by Russia, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value in Poland stood at +9.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Romania (+9.3% per year) and Russia (+3.4% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, picking up by 4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 an increase of 12% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+1.7%), while the other leaders experienced more modest paces of growth.

Combined Refrigerator-Freezer Imports

Imports in Eastern Europe

After six years of growth, supplies from abroad of combined refrigerators-freezers decreased by -12.3% to X units in 2022. In general, imports, however, showed a slight increase. The most prominent rate of growth was recorded in 2016 when imports increased by 12% against the previous year. The volume of import peaked at X units in 2021, and then fell in the following year.

In value terms, combined refrigerator-freezer imports shrank to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, Russia (X units), distantly followed by Poland (X units), the Czech Republic (X units), Romania (X units), Ukraine (X units), Hungary (X units), Slovakia (X units) and Bulgaria (X units) represented the key importers of combined refrigerators-freezers, together generating 90% of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +15.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest combined refrigerator-freezer importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), together accounting for 59% of total imports. Romania, Ukraine, Slovakia, Hungary and Bulgaria lagged somewhat behind, together comprising a further 29%.

In terms of the main importing countries, Hungary, with a CAGR of +14.1%, 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

The import price in Eastern Europe stood at $X per unit in 2022, dropping by -3.1% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 15%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Slovakia ($X per unit) and Poland ($X per unit), while Russia ($X per unit) and Ukraine ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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