Northern America: Refrigerated Show-Cases Market 2024

Refrigerated Show-Cases Market Size in Northern America

The North American refrigerated show-cases market was estimated at $X in 2022, approximately equating the previous year. Overall, consumption saw buoyant growth. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Refrigerated Show-Cases Production in Northern America

In value terms, refrigerated show-cases production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2019 when the production volume increased by 56% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Refrigerated Show-Cases Exports

Exports in Northern America

In 2022, shipments abroad of refrigerated show-caseses increased by 14% to X units, rising for the second year in a row after six years of decline. Overall, exports, however, continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2014 with an increase of 21% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, refrigerated show-cases exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a slight descent. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States was the major exporter of refrigerated show-caseses in Northern America, with the volume of exports amounting to X units, which was approx. 64% of total exports in 2022. It was distantly followed by Canada (X units), making up a 36% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Canada (with a CAGR of +3.2%).

In value terms, the United States ($X) remains the largest refrigerated show-cases supplier in Northern America, comprising 80% of total exports. The second position in the ranking was held by Canada ($X), with a 20% share of total exports.

In the United States, refrigerated show-cases exports decreased by an average annual rate of -2.1% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, rising by 3.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by 9%. As a result, the export price attained the peak level of $X per unit; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.9%).

Refrigerated Show-Cases Imports

Imports in Northern America

For the third consecutive year, Northern America recorded growth in supplies from abroad of refrigerated show-caseses, which increased by 9.4% to X units in 2022. Over the period under review, imports posted a remarkable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 37% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, refrigerated show-cases imports rose rapidly to $X in 2022. In general, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

The United States dominates imports structure, resulting at X units, which was approx. 91% of total imports in 2022. It was distantly followed by Canada (X units), creating a 9.2% share of total imports.

The United States was also the fastest-growing in terms of the refrigerated show-caseses imports, with a CAGR of +9.4% from 2012 to 2022. At the same time, Canada (+5.8%) displayed positive paces of growth. While the share of the United States (+3.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-3.1 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported refrigerated show-caseses in Northern America, comprising 87% of total imports. The second position in the ranking was held by Canada ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States stood at +11.5%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, with an increase of 4.7% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 13%. Over the period under review, import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.9%).

Source: IndexBox Platform