EU: Refrigerated Show-Cases Market 2024

Refrigerated Show-Cases Market Size in the EU

The EU refrigerated show-cases market soared to $X in 2022, increasing by 20% against the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +68.1% against 2015 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Refrigerated Show-Cases Production in the EU

In value terms, refrigerated show-cases production contracted to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by 19%. As a result, production reached the peak level of $X, and then dropped in the following year.

Refrigerated Show-Cases Exports

Exports in the EU

In 2022, the amount of refrigerated show-caseses exported in the European Union reduced to X units, dropping by -14.5% compared with the year before. The total export volume increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. As a result, the exports attained the peak of X units, and then shrank in the following year.

In value terms, refrigerated show-cases exports contracted to $X in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

In 2022, Italy (X units), distantly followed by Austria (X units), the Czech Republic (X units), Germany (X units), Spain (X units), the Netherlands (X units), Poland (X units) and Denmark (X units) were the key exporters of refrigerated show-caseses, together creating 77% of total exports. The following exporters - France (X units), Hungary (X units), Romania (X units), Greece (X units) and Portugal (X units) - together made up 14% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Czech Republic (with a CAGR of +13.2%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Austria ($X) and the Czech Republic ($X) were the countries with the highest levels of exports in 2022, together accounting for 59% of total exports. Poland, Germany, Spain, Portugal, France, Denmark, the Netherlands, Romania, Hungary and Greece lagged somewhat behind, together accounting for a further 31%.

In terms of the main exporting countries, Poland, with a CAGR of +11.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, increasing by 8.4% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per unit), while Greece ($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 (+5.8%), while the other leaders experienced more modest paces of growth.

Refrigerated Show-Cases Imports

Imports in the EU

In 2022, after six years of growth, there was significant decline in purchases abroad of refrigerated show-caseses, when their volume decreased by -6.8% to X units. Total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.6% 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 +41.9% against 2014 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 23%. The volume of import peaked at X units in 2021, and then shrank in the following year.

In value terms, refrigerated show-cases imports contracted slightly to $X in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. As a result, imports attained the peak of $X, and then declined modestly in the following year.

Imports by Country

In 2022, Germany (X units) and France (X units) were the largest importers of refrigerated show-caseses in the European Union, together committing 37% of total imports. Greece (X units) held the next position in the ranking, followed by Italy (X units), Spain (X units), the Netherlands (X units), Sweden (X units), Belgium (X units) and Poland (X units). All these countries together took near 42% share of total imports. Romania (X units), Denmark (X units), Ireland (X units) and the Czech Republic (X units) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +28.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest refrigerated show-cases importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 47% share of total imports. Italy, Poland, Romania, Spain, Denmark, Belgium, Sweden, the Czech Republic, Greece and Ireland lagged somewhat behind, together comprising a further 38%.

Ireland, with a CAGR of +12.6%, saw the highest growth rate of 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

The import price in the European Union stood at $X per unit in 2022, rising by 3.5% against the previous year. In general, the import price, however, showed a mild slump. 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 attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+4.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform