EU: Combined Refrigerator-Freezer Market 2025

Combined Refrigerator-Freezer Market Size in the EU

The EU combined refrigerator-freezer market reduced to $X in 2022, with a decrease of -13.3% against the previous year. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Combined Refrigerator-Freezer Production in the EU

In value terms, combined refrigerator-freezer production contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 12%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Combined Refrigerator-Freezer Exports

Exports in the EU

In 2022, combined refrigerator-freezer exports in the European Union shrank to X units, therefore, remained relatively stable against the year before. The total export volume increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, the exports reached the peak of X units, and then contracted modestly in the following year.

In value terms, combined refrigerator-freezer exports rose to $X in 2022. The total export value increased at an average annual rate of +3.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Poland was the key exporting country with an export of about X units, which recorded 34% of total exports. Romania (X units) ranks second in terms of the total exports with a 19% share, followed by Italy (14%) and Germany (9.6%). Bulgaria (X units), Sweden (X units), the Netherlands (X units), Hungary (X units) and Slovakia (X units) followed a long way behind the leaders.

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 ($X) remains the largest combined refrigerator-freezer supplier in the European Union, comprising 38% of total exports. The second position in the ranking was held by Germany ($X), with a 13% share of total exports. It was followed by Italy, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland totaled +9.8%. In the other countries, the average annual rates were as follows: Germany (+0.4% per year) and Italy (+2.9% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, picking up by 3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2021 when the export price increased by 11%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Germany ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.1%), while the other leaders experienced more modest paces of growth.

Combined Refrigerator-Freezer Imports

Imports in the EU

In 2022, after three years of growth, there was significant decline in overseas purchases of combined refrigerators-freezers, when their volume decreased by -14.7% to X units. Total imports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of X units, and then reduced in the following year.

In value terms, combined refrigerator-freezer imports shrank to $X in 2022. Total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +48.8% against 2015 indices. The pace of growth appeared the most rapid in 2021 with an increase of 30%. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, France (X units), Germany (X units), Italy (X units) and Spain (X units) represented the main importer of combined refrigerators-freezers in the European Union, mixing up 53% of total import. Poland (X units) took the next position in the ranking, followed by the Netherlands (X units). All these countries together held near 12% share of total imports. Sweden (X units), the Czech Republic (X units), Portugal (X units), Romania (X units), Greece (X units), Belgium (X units) and Austria (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +14.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest combined refrigerator-freezer importing markets in the European Union were Germany ($X), France ($X) and Italy ($X), with a combined 43% share of total imports. Spain, Poland, the Netherlands, Sweden, the Czech Republic, Greece, Portugal, Romania, Austria and Belgium lagged somewhat behind, together accounting for a further 43%.

Greece, with a CAGR of +13.9%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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 the European Union amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 12% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Germany ($X per unit) and Austria ($X per unit), while Italy ($X per unit) and Romania ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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