Netherlands: Refrigerator Or Freezer Market 2024

Refrigerator Or Freezer Market Size in the Netherlands

The Dutch refrigerator or freezer market dropped markedly to $X in 2022, with a decrease of -38.2% against the previous year. In general, consumption continues to indicate a abrupt curtailment. Refrigerator or freezer consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Refrigerator Or Freezer Production in the Netherlands

In value terms, refrigerator or freezer production skyrocketed to $X in 2022 estimated in export price. In general, production, however, showed a perceptible reduction. The growth pace was the most rapid in 2020 with an increase of 12,330% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Refrigerator Or Freezer Exports

Exports from the Netherlands

In 2022, exports of furniture designed to receive refrigerating or freezing equipment from the Netherlands skyrocketed to X units, surging by 29% on the previous year. In general, exports showed a measured increase. The most prominent rate of growth was recorded in 2016 with an increase of 167% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, refrigerator or freezer exports surged to $X in 2022. Overall, exports recorded a prominent increase. The growth pace was the most rapid in 2016 when exports increased by 162%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X units) was the main destination for refrigerator or freezer exports from the Netherlands, with a 38% share of total exports. Moreover, refrigerator or freezer exports to Germany exceeded the volume sent to the second major destination, Belgium (X units), threefold. France (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +44.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+10.4% per year) and France (+37.3% per year).

In value terms, Germany ($X) remains the key foreign market for furniture designed to receive refrigerating or freezing equipment exports from the Netherlands, comprising 51% of total exports. The second position in the ranking was held by Belgium ($X), with a 13% share of total exports. It was followed by France, with a 9.6% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +41.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+35.7% per year) and France (+24.2% per year).

Export Prices by Country

The average refrigerator or freezer export price stood at $X per unit in 2022, rising by 6% against the previous year. In general, the export price continues to indicate a resilient increase. The growth pace was the most rapid in 2017 an increase of 58%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Iceland ($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 Belgium (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.

Refrigerator Or Freezer Imports

Imports into the Netherlands

In 2022, approx. X units of furniture designed to receive refrigerating or freezing equipment were imported into the Netherlands; which is down by -16.2% compared with 2021. Overall, imports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 99%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, refrigerator or freezer imports soared to $X in 2022. In general, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2018 when imports increased by 55%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of refrigerator or freezer to the Netherlands, accounting for a 43% share of total imports. Moreover, refrigerator or freezer imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. The third position in this ranking was held by the UK (X units), with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+11.2% per year) and the UK (+28.1% per year).

In value terms, Germany ($X) constituted the largest supplier of furniture designed to receive refrigerating or freezing equipment to the Netherlands, comprising 38% of total imports. The second position in the ranking was taken by Belgium ($X), with a 15% share of total imports. It was followed by Poland, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+10.4% per year) and Poland (+40.9% per year).

Import Prices by Country

The average refrigerator or freezer import price stood at $X per unit in 2022, rising by 81% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, 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 Poland ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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