MERCOSUR: Refrigerator And Freezer Market 2025

Refrigerator And Freezer Market Size in MERCOSUR

After two years of growth, the MERCOSUR refrigerator and freezer market decreased by X% to $X in 2022. Overall, consumption saw a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Refrigerator And Freezer Production in MERCOSUR

In value terms, refrigerator and freezer production amounted to $X in 2022 estimated in export price. Overall, production, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Refrigerator And Freezer Exports

Exports in MERCOSUR

Refrigerator and freezer exports reduced to X units in 2022, with a decrease of X% compared with the previous year's figure. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then reduced in the following year.

In value terms, refrigerator and freezer exports fell to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Colombia represented the key exporting country with an export of about X units, which recorded X% of total exports. Brazil (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Chile (X%).

Colombia was also the fastest-growing in terms of the refrigerators and freezers exports, with a CAGR of X% from 2012 to 2022. Brazil (X%) and Chile (X%) illustrated a downward trend over the same period. Colombia (X p.p.) significantly strengthened its position in terms of the total exports, while Chile and Brazil saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Colombia ($X) remains the largest refrigerator and freezer supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Colombia amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Chile (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price, however, continues to indicate a slight slump. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, 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 (X%), while the other leaders experienced a decline in the export price figures.

Refrigerator And Freezer Imports

Imports in MERCOSUR

In 2022, the amount of refrigerators and freezers imported in MERCOSUR reduced notably to X units, waning by X% on the previous year. Total imports indicated a slight increase 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 2017 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then dropped rapidly in the following year.

In value terms, refrigerator and freezer imports fell dramatically to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then fell rapidly in the following year.

Imports by Country

The countries with the highest levels of refrigerator and freezer imports in 2022 were Chile (X units), Brazil (X units), Peru (X units), Ecuador (X units) and Colombia (X units), together amounting to X% of total import. Venezuela (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Paraguay (X%).

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

In value terms, Chile ($X), Peru ($X) and Brazil ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Chile, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries 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, surging by X% against the previous year. In general, the import price, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform