Report Update Nov 1, 2024

Saudi Arabia - Household Refrigerators and Freezers (Not Combined) - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in Saudi Arabia

In 2022, the Saudi non-combined refrigerator-freezer market increased by 0.1% to $X, rising for the fourth consecutive year after three years of decline. Over the period under review, consumption, however, saw a mild decline. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Non-Combined Refrigerator-Freezer Exports

Exports from Saudi Arabia

Non-combined refrigerator-freezer exports from Saudi Arabia soared to X units in 2022, with an increase of 44% compared with the year before. Over the period under review, exports, however, showed a sharp shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 345%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-combined refrigerator-freezer exports fell dramatically to $X in 2022. Overall, exports, however, recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 340% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) and Egypt (X units) were the main destinations of non-combined refrigerator-freezer exports from Saudi Arabia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +43.7%).

In value terms, the largest markets for non-combined refrigerator-freezer exported from Saudi Arabia were the United Arab Emirates ($X) and Egypt ($X).

In terms of the main countries of destination, Egypt, with a CAGR of +43.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the average non-combined refrigerator-freezer export price amounted to $X per unit, falling by -42.9% against the previous year. Over the period under review, the export price showed a noticeable slump. The pace of growth appeared the most rapid in 2021 an increase of 107% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per unit), while the average price for exports to the United Arab Emirates totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Somalia (+197.5%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Combined Refrigerator-Freezer Imports

Imports into Saudi Arabia

In 2022, the amount of household refrigerators and freezers (not combined) imported into Saudi Arabia was estimated at X units, increasing by 13% compared with the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 53%. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, non-combined refrigerator-freezer imports contracted modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2020 with an increase of 52%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main supplier of non-combined refrigerator-freezer to Saudi Arabia, accounting for a 95% share of total imports. It was followed by Bahrain (X units), with a 3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +3.4%.

In value terms, China ($X) constituted the largest supplier of household refrigerators and freezers (not combined) to Saudi Arabia, comprising 92% of total imports. The second position in the ranking was taken by Bahrain ($X), with a 5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +7.4%.

Import Prices by Country

The average non-combined refrigerator-freezer import price stood at $X per unit in 2022, waning by -15.9% against the previous year. In general, the import price saw a noticeable setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 40% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, 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 Bahrain ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for household refrigerators and freezers (not combined) in the world?

The countries with the highest volumes of non-combined refrigerator-freezer consumption in 2020 were China, the United States and India, together accounting for 39% of global consumption. These countries were followed by Brazil, Japan, Indonesia, Turkey, Pakistan, Mexico, the UK, France, Egypt and Canada, which together accounted for a further 33%.

What are the largest producers of household refrigerators and freezers (not combined) in the world?

China remains the largest non-combined refrigerator-freezer producing country worldwide, comprising approx. 37% of total volume. Moreover, non-combined refrigerator-freezer production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was occupied by Brazil, with a 6% share.

What are the leading suppliers of household refrigerators and freezers (not combined) to Saudi Arabia?

In value terms, China constituted the largest supplier of non-combined refrigerator-freezer to Saudi Arabia, comprising 87% of total imports. The second position in the ranking was occupied by Thailand, with a 5.2% share of total imports.

What are the leading importers of household refrigerators and freezers (not combined) from Saudi Arabia?

In value terms, Sudan, Kuwait and Pakistan constituted the largest markets for non-combined refrigerator-freezer exported from Saudi Arabia worldwide, with a combined 43% share of total exports.

What is the average export price for household refrigerators and freezers (not combined) in Saudi Arabia?

The average non-combined refrigerator-freezer export price stood at $2,168 per ton in 2020, leveling off at the previous year.

What is the average import price for household refrigerators and freezers (not combined) in Saudi Arabia?

The average non-combined refrigerator-freezer import price stood at $2,923 per ton in 2020, which is down by -5.9% against the previous year.

This report provides an in-depth analysis of the non-combined refrigerator-freezer market in Saudi Arabia. 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 27511133 - Household-type refrigerators (including compression-type, e lectrical absorption-type) (excluding built-in)
Prodcom 27511135 - Compression-type built-in refrigerators
Prodcom 27511150 - Chest freezers of a capacity . .800 litres
Prodcom 27511170 - Upright freezers of a capacity . .900 litres

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023