Germany: Refrigerated Show-Cases Market 2024

Refrigerated Show-Cases Market Size in Germany

In 2022, the German refrigerated show-cases market increased by 5.4% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the near future.

Refrigerated Show-Cases Production in Germany

In value terms, refrigerated show-cases production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% 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 2018 with an increase of 15%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Refrigerated Show-Cases Exports

Exports from Germany

After two years of decline, overseas shipments of refrigerated show-caseses increased by 10% to X units in 2022. Over the period under review, exports showed prominent growth. The pace of growth was the most pronounced in 2018 with an increase of 43%. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, refrigerated show-cases exports dropped modestly to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 18%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Austria (X units), Switzerland (X units) and the Netherlands (X units) were the main destinations of refrigerated show-cases exports from Germany, together accounting for 29% of total exports. France, Poland, the UK, the United States, Belgium, Spain, Italy, Denmark, Sweden and Romania lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +11.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for refrigerated show-cases exported from Germany were Switzerland ($X), France ($X) and Austria ($X), together accounting for 31% of total exports. The Netherlands, the UK, Poland, Belgium, the United States, Spain, Italy, Sweden, Denmark and Romania lagged somewhat behind, together accounting for a further 37%.

In terms of the main countries of destination, the United States, with a CAGR of +1.9%, recorded the highest growth rate of 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

The average refrigerated show-cases export price stood at $X per unit in 2022, reducing by -11.3% against the previous year. Overall, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Romania ($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 Sweden (-3.4%), while the prices for the other major destinations experienced a decline.

Refrigerated Show-Cases Imports

Imports into Germany

In 2022, imports of refrigerated show-caseses into Germany expanded notably to X units, growing by 14% on 2021 figures. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +8.4% 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 +27.9% against 2020 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 35%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, refrigerated show-cases imports reached $X in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 31% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of refrigerated show-cases to Germany, with a 53% share of total imports. Moreover, refrigerated show-cases imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), sixfold. Turkey (X units) ranked third in terms of total imports with a 7.6% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +29.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-2.6% per year) and Turkey (+20.5% per year).

In value terms, the largest refrigerated show-cases suppliers to Germany were China ($X), Italy ($X) and Austria ($X), together accounting for 51% of total imports. The Czech Republic, Turkey, Hungary, Poland, France, Spain and Denmark lagged somewhat behind, together comprising a further 35%.

Spain, with a CAGR of +14.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average refrigerated show-cases import price stood at $X per unit in 2022, with a decrease of -11.3% against the previous year. Overall, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 17% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for China ($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 Czech Republic (+15.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform