Russian Federation: Refrigerator And Freezer Market 2025

Refrigerator And Freezer Market Size in the Russian Federation

In 2022, the Russian refrigerator and freezer market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. In general, consumption recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Refrigerator And Freezer Production in the Russian Federation

In value terms, refrigerator and freezer production fell slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Refrigerator And Freezer Exports

Exports from the Russian Federation

For the third consecutive year, Russia recorded growth in overseas shipments of refrigerators and freezers, which increased by X% to X units in 2022. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, refrigerator and freezer exports declined rapidly to $X in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then shrank dramatically in the following year.

Exports by Country

Kazakhstan (X units), Uzbekistan (X units) and Ukraine (X units) were the main destinations of refrigerator and freezer exports from Russia, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) remains the key foreign market for refrigerators and freezers exports from Russia, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Ukraine (X% per year).

Export Prices by Country

The average refrigerator and freezer export price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of X%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per unit), while the average price for exports to Uzbekistan ($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 Belarus (X%), while the prices for the other major destinations experienced a decline.

Refrigerator And Freezer Imports

Imports into the Russian Federation

After two years of growth, overseas purchases of refrigerators and freezers decreased by X% to X units in 2022. Over the period under review, total imports indicated a slight expansion 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. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then dropped notably in the following year.

In value terms, refrigerator and freezer imports contracted dramatically to $X in 2022. In general, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of refrigerator and freezer to Russia, accounting for a X% share of total imports. Moreover, refrigerator and freezer imports from China exceeded the figures recorded by the second-largest supplier, Belarus (X units), sixfold. The third position in this ranking was held by Poland (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (X% per year) and Poland (X% per year).

In value terms, China ($X) constituted the largest supplier of refrigerators and freezers to Russia, comprising X% of total imports. The second position in the ranking was taken by Belarus ($X), with a X% share of total imports. It was followed by Poland, with an X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the average refrigerator and freezer import price amounted to $X per unit, dropping by X% against the previous year. In general, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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