MERCOSUR: Non-Combined Refrigerator-Freezer Market 2025

Non-Combined Refrigerator-Freezer Market Size in MERCOSUR

After two years of growth, the MERCOSUR non-combined refrigerator-freezer market decreased by -1.3% to $X in 2022. In general, consumption continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2021 when the market value increased by 4.5%. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Non-Combined Refrigerator-Freezer Production in MERCOSUR

In value terms, non-combined refrigerator-freezer production reached $X in 2022 estimated in export price. Over the period under review, production, however, showed a perceptible slump. The pace of growth was the most pronounced in 2020 when the production volume increased by 4.9%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Non-Combined Refrigerator-Freezer Exports

Exports in MERCOSUR

In 2022, non-combined refrigerator-freezer exports in MERCOSUR declined to X units, reducing by -12.8% compared with the previous year. Over the period under review, exports continue to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 62% against the previous year. The volume of export peaked 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 dropped modestly to $X in 2022. In general, exports recorded a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil represented the major exporter of household refrigerators and freezers (not combined) in MERCOSUR, with the volume of exports resulting at X units, which was approx. 45% of total exports in 2022. Colombia (X units) took a 29% share (based on physical terms) of total exports, which put it in second place, followed by Chile (24%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Chile (with a CAGR of +20.1%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest non-combined refrigerator-freezer supplying countries in MERCOSUR were Brazil ($X), Chile ($X) and Colombia ($X), together comprising 98% of total exports.

Among the main exporting countries, Chile, with a CAGR of +25.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, growing by 9.2% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the export price increased by 18% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+4.3%), while the other leaders experienced mixed trends in the export price figures.

Non-Combined Refrigerator-Freezer Imports

Imports in MERCOSUR

In 2022, purchases abroad of household refrigerators and freezers (not combined) decreased by -19.9% to X units for the first time since 2018, thus ending a three-year rising trend. Total imports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of +1.6% 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 +64.5% against 2016 indices. The pace of growth was the most pronounced in 2021 when imports increased by 69%. As a result, imports reached the peak of X units, and then dropped markedly in the following year.

In value terms, non-combined refrigerator-freezer imports fell dramatically to $X in 2022. Overall, imports showed a mild slump. The most prominent rate of growth was recorded in 2021 with an increase of 83% against the previous year. As a result, imports attained the peak of $X, and then dropped significantly in the following year.

Imports by Country

Chile (X units) and Brazil (X units) represented roughly 56% of total imports in 2022. It was distantly followed by Peru (X units), Venezuela (X units), Colombia (X units) and Paraguay (X units), together constituting a 29% share of total imports. Argentina (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +14.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Brazil ($X) and Paraguay ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 60% of total imports.

Among the main importing countries, Chile, with a CAGR of +8.4%, saw the highest growth rate of 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 import price in MERCOSUR amounted to $X per unit, increasing by 5.9% against the previous year. Over the period under review, the import price, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 when the import price increased by 8.3% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+8.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform