Indonesia: Non-Combined Refrigerator-Freezer Market 2025

Non-Combined Refrigerator-Freezer Market Size in Indonesia

The Indonesian non-combined refrigerator-freezer market reduced to $X in 2022, which is down by -2.9% against the previous year. In general, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.5% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Non-Combined Refrigerator-Freezer Production in Indonesia

In value terms, non-combined refrigerator-freezer production shrank slightly to $X in 2022 estimated in export price. Overall, the total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.4% against 2020 indices. The growth pace was the most rapid in 2018 when the production volume increased by 26%. Non-combined refrigerator-freezer production peaked at $X in 2019; afterwards, it flattened through to 2022.

Non-Combined Refrigerator-Freezer Exports

Exports from Indonesia

In 2022, overseas shipments of household refrigerators and freezers (not combined) increased by 6.3% to X units, rising for the fourth year in a row after two years of decline. Overall, exports, however, continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2021 with an increase of 52%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-combined refrigerator-freezer exports surged to $X in 2022. Over the period under review, exports showed a mild increase. The pace of growth appeared the most rapid in 2021 when exports increased by 84% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

India (X units), Taiwan (Chinese) (X units) and the Philippines (X units) were the main destinations of non-combined refrigerator-freezer exports from Indonesia, with a combined 60% share of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +64.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-combined refrigerator-freezer exported from Indonesia were India ($X), Taiwan (Chinese) ($X) and the Philippines ($X), together accounting for 58% of total exports.

Among the main countries of destination, India, with a CAGR of +65.5%, 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

In 2022, the average non-combined refrigerator-freezer export price amounted to $X per unit, with an increase of 9.2% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-combined refrigerator-freezer export price increased by +24.8% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 25%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($X per unit), while the average price for exports to Singapore ($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 Senegal (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Combined Refrigerator-Freezer Imports

Imports into Indonesia

In 2022, approx. X units of household refrigerators and freezers (not combined) were imported into Indonesia; which is down by -46.1% on 2021. In general, imports, however, saw a measured increase. The most prominent rate of growth was recorded in 2016 when imports increased by 59% against the previous year. Imports peaked at X units in 2021, and then contracted sharply in the following year.

In value terms, non-combined refrigerator-freezer imports dropped to $X in 2022. Overall, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2015 when imports increased by 48%. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped slightly in the following year.

Imports by Country

In 2022, China (X units) was the main non-combined refrigerator-freezer supplier to Indonesia, accounting for a 96% share of total imports. It was followed by Malaysia (X units), with a 0.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-12.9% per year) and Thailand (-34.4% per year).

In value terms, China ($X) constituted the largest supplier of household refrigerators and freezers (not combined) to Indonesia, comprising 96% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 0.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-11.0% per year) and Thailand (-32.3% per year).

Import Prices by Country

The average non-combined refrigerator-freezer import price stood at $X per unit in 2022, rising by 80% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-combined refrigerator-freezer import price increased by +108.0% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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