Russian Federation - Furniture Designed to Receive Refrigerating or Freezing Equipment - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRussian Federation: Refrigerator Or Freezer Market 2024
Refrigerator Or Freezer Market Size in the Russian Federation
In 2022, the Russian refrigerator or freezer market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.
Refrigerator Or Freezer Production in the Russian Federation
In value terms, refrigerator or freezer production contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 146%. Refrigerator or freezer production peaked at $X in 2019; afterwards, it flattened through to 2022.
Refrigerator Or Freezer Exports
Exports from the Russian Federation
In 2022, approx. X units of furniture designed to receive refrigerating or freezing equipment were exported from Russia; with a decrease of -21.5% against 2021 figures. In general, exports, however, showed a temperate expansion. The most prominent rate of growth was recorded in 2018 with an increase of 55% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, refrigerator or freezer exports fell to $X in 2022. Overall, total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +106.5% against 2016 indices. The growth pace was the most rapid in 2021 when exports increased by 41%. As a result, the exports reached the peak of $X, and then contracted in the following year.
Exports by Country
Belarus (X units), Kazakhstan (X units) and Germany (X units) were the main destinations of refrigerator or freezer exports from Russia, with a combined 62% share of total exports.
From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +102.9%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Kazakhstan ($X), Germany ($X) and Belarus ($X) were the largest markets for refrigerator or freezer exported from Russia worldwide, together accounting for 61% of total exports.
In terms of the main countries of destination, Germany, with a CAGR of +105.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2022, the average refrigerator or freezer export price amounted to $X per unit, growing by 8.8% against the previous year. In general, the export price, however, showed a mild decrease. The most prominent rate of growth was recorded in 2019 an increase of 32%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Lithuania ($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 the United States (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.
Refrigerator Or Freezer Imports
Imports into the Russian Federation
In 2022, approx. X units of furniture designed to receive refrigerating or freezing equipment were imported into Russia; surging by 40% on the previous year. Over the period under review, imports, however, showed a significant curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 621% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.
In value terms, refrigerator or freezer imports skyrocketed to $X in 2022. In general, imports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2019 when imports increased by 553% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, Taiwan (Chinese) (X units) constituted the largest refrigerator or freezer supplier to Russia, accounting for a 79% share of total imports. Moreover, refrigerator or freezer imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Germany (X units), sixfold.
From 2012 to 2022, the average annual growth rate of volume from Taiwan (Chinese) stood at +481.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.0% per year) and France (+69.5% per year).
In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of furniture designed to receive refrigerating or freezing equipment to Russia, comprising 73% of total imports. The second position in the ranking was taken by Germany ($X), with a 23% share of total imports.
From 2012 to 2022, the average annual growth rate of value from Taiwan (Chinese) amounted to +408.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.8% per year) and France (+48.8% per year).
Import Prices by Country
In 2022, the average refrigerator or freezer import price amounted to $X per unit, reducing by -11.7% against the previous year. Over the period under review, the import price, however, posted a remarkable increase. The pace of growth was the most pronounced in 2017 an increase of 195% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for France ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the refrigerator or freezer market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28253030 - Furniture designed to receive refrigerating or freezing equipment (including evaporators, complete refrigerating units)
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
Recommended reports
This report provides an in-depth analysis of the refrigerator or freezer market in Asia.
This report provides an in-depth analysis of the refrigerator or freezer market in the U.S..
This report provides an in-depth analysis of the refrigerator or freezer market in China.
This report provides an in-depth analysis of the refrigerator or freezer market in the EU.
This report provides an in-depth analysis of the global refrigerator or freezer market.