Israel: Refrigerator And Freezer Market 2025

Refrigerator And Freezer Market Size in Israel

In 2022, the Israeli refrigerator and freezer market decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. Over the period under review, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2015 indices. As a result, consumption reached the peak level of $X, and then declined in the following year.

Refrigerator And Freezer Exports

Exports from Israel

For the third consecutive year, Israel recorded decline in shipments abroad of refrigerators and freezers, which decreased by X% to X units in 2022. In general, exports showed a deep downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, refrigerator and freezer exports shrank significantly to $X in 2022. Over the period under review, exports saw a abrupt decline. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for refrigerator and freezer exports from Israel, accounting for a X% share of total exports. Moreover, refrigerator and freezer exports to the United States exceeded the volume sent to the second major destination, Singapore (X units), more than tenfold. Myanmar (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and Myanmar (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for refrigerators and freezers exports from Israel, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports. It was followed by Myanmar, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and Myanmar (X% per year).

Export Prices by Country

The average refrigerator and freezer export price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a slight slump. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to France ($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 Myanmar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Refrigerator And Freezer Imports

Imports into Israel

In 2022, supplies from abroad of refrigerators and freezers decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2015 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then contracted modestly in the following year.

In value terms, refrigerator and freezer imports declined modestly to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2014 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then shrank modestly in the following year.

Imports by Country

South Korea (X units), Turkey (X units) and Japan (X units) were the main suppliers of refrigerator and freezer imports to Israel, with a combined X% share of total imports. China, the Netherlands, Singapore, Germany, Jordan, the United States, Thailand and Mexico lagged somewhat behind, together accounting for a further X%.

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

In value terms, South Korea ($X), Turkey ($X) and Japan ($X) appeared to be the largest refrigerator and freezer suppliers to Israel, together comprising X% of total imports. China, the Netherlands, Singapore, Germany, Jordan, the United States, Thailand and Mexico lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average refrigerator and freezer import price amounted to $X per unit, leveling off at the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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