Norway: Refrigerator And Freezer Market 2025

Refrigerator And Freezer Market Size in Norway

After two years of growth, the Norwegian refrigerator and freezer market decreased by X% to $X in 2022. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Refrigerator And Freezer Exports

Exports from Norway

In 2022, refrigerator and freezer exports from Norway declined remarkably to X units, reducing by X% on the previous year. Over the period under review, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, refrigerator and freezer exports dropped dramatically to $X in 2022. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X units) was the main destination for refrigerator and freezer exports from Norway, with a X% share of total exports. Moreover, refrigerator and freezer exports to Sweden exceeded the volume sent to the second major destination, Brazil (X units), sixfold. Gambia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Gambia (X% per year).

In value terms, Sweden ($X), Brazil ($X) and Denmark ($X) appeared to be the largest markets for refrigerator and freezer exported from Norway worldwide, with a combined X% share of total exports. Russia, Finland, Gambia, Iceland, Sudan, Nigeria, Sierra Leone, Cameroon and Tanzania lagged somewhat behind, together comprising a further X%.

Russia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average refrigerator and freezer export price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

Refrigerator And Freezer Imports

Imports into Norway

In 2022, the amount of refrigerators and freezers imported into Norway was estimated at X units, approximately equating the previous year. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, refrigerator and freezer imports fell remarkably to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then plummeted in the following year.

Imports by Country

China (X units), Italy (X units) and Poland (X units) were the main suppliers of refrigerator and freezer imports to Norway, together accounting for X% of total imports. Turkey, Germany, Hungary, Serbia, South Korea and Sweden lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest refrigerator and freezer suppliers to Norway were China ($X), Italy ($X) and Poland ($X), together accounting for X% of total imports. Germany, Turkey, Hungary, Serbia, South Korea and Sweden lagged somewhat behind, together accounting for a further X%.

Serbia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, which is down by X% against the previous year. In general, the import price showed a mild shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per unit, and then shrank notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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