Israel: Combined Refrigerator-Freezer Market 2025

Combined Refrigerator-Freezer Market Size in Israel

The Israeli combined refrigerator-freezer market reduced notably to $X in 2022, falling by -72.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a pronounced setback. As a result, consumption attained the peak level of $X, and then contracted notably in the following year.

Combined Refrigerator-Freezer Exports

Exports from Israel

In 2022, shipments abroad of combined refrigerators-freezers decreased by -51.2% to X units, falling for the third consecutive year after two years of growth. Overall, exports recorded a deep setback. The most prominent rate of growth was recorded in 2014 when exports increased by 1,582% against the previous year. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, combined refrigerator-freezer exports shrank markedly to $X in 2022. In general, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 1,200%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X units), Myanmar (X units) and Argentina (X units) were the main destinations of combined refrigerator-freezer exports from Israel, together comprising 84% of total exports. Cyprus, the United States, Germany and Switzerland lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cyprus (with a CAGR of +300.0%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Myanmar ($X) and Argentina ($X) appeared to be the largest markets for combined refrigerator-freezer exported from Israel worldwide, together accounting for 83% of total exports. Cyprus, the United States, Germany and Switzerland lagged somewhat behind, together accounting for a further 17%.

In terms of the main countries of destination, Cyprus, with a CAGR of +200.0%, 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 combined refrigerator-freezer export price amounted to $X per unit, increasing by 4.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2018 an increase of 36%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per unit) and Germany ($X per unit), while the average price for exports to Myanmar ($X per unit) and Singapore ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Combined Refrigerator-Freezer Imports

Imports into Israel

In 2022, approx. X units of combined refrigerators-freezers were imported into Israel; dropping by -74.9% compared with 2021. Overall, imports saw a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. As a result, imports reached the peak of X units, and then shrank sharply in the following year.

In value terms, combined refrigerator-freezer imports shrank rapidly to $X in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. As a result, imports attained the peak of $X, and then shrank notably in the following year.

Imports by Country

China (X units), Turkey (X units) and Indonesia (X units) were the main suppliers of combined refrigerator-freezer imports to Israel, together comprising 79% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +18.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and Indonesia ($X) were the largest combined refrigerator-freezer suppliers to Israel, together accounting for 79% of total imports.

Indonesia, with a CAGR of +18.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average combined refrigerator-freezer import price stood at $X per unit in 2022, picking up by 14% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 24%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($X per unit) and Indonesia ($X per unit), while the price for Singapore ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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