United Arab Emirates: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in the United Arab Emirates

In 2022, the non-combined refrigerator-freezer market in the United Arab Emirates decreased by -17.6% to $X for the first time since 2018, thus ending a three-year rising trend. In general, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +49.2% against 2018 indices. Non-combined refrigerator-freezer consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Non-Combined Refrigerator-Freezer Exports

Exports from the United Arab Emirates

Non-combined refrigerator-freezer exports from the United Arab Emirates fell rapidly to X units in 2022, waning by -17.2% compared with 2021. In general, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2017 with an increase of 72%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-combined refrigerator-freezer exports reduced to $X in 2022. Overall, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 79% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Burundi (X units), Mozambique (X units) and Georgia (X units) were the main destinations of non-combined refrigerator-freezer exports from the United Arab Emirates, together comprising 54% of total exports. Rwanda, Benin, Niger and Tanzania lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for Niger (with a CAGR of +45.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-combined refrigerator-freezer exported from the United Arab Emirates were Georgia ($X), Burundi ($X) and Mozambique ($X), together accounting for 39% of total exports. Benin, Rwanda, Tanzania and Niger lagged somewhat behind, together accounting for a further 30%.

Niger, with a CAGR of +33.9%, recorded the highest growth rate of the value of exports, in terms of 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 non-combined refrigerator-freezer export price stood at $X per unit in 2022, growing by 4.5% against the previous year. In general, the export price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2018 an increase of 11% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 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 Benin ($X per unit), while the average price for exports to Burundi ($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 Iran (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Combined Refrigerator-Freezer Imports

Imports into the United Arab Emirates

In 2022, purchases abroad of household refrigerators and freezers (not combined) decreased by -13.6% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, total imports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, non-combined refrigerator-freezer imports shrank dramatically to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 63%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-combined refrigerator-freezer to the United Arab Emirates, with a 73% share of total imports. Moreover, non-combined refrigerator-freezer imports from China exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China totaled +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-9.7% per year) and Turkey (+8.7% per year).

In value terms, China ($X) constituted the largest supplier of household refrigerators and freezers (not combined) to the United Arab Emirates, comprising 49% of total imports. The second position in the ranking was taken by Turkey ($X), with a 6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+7.5% per year) and India (-14.0% per year).

Import Prices by Country

In 2022, the average non-combined refrigerator-freezer import price amounted to $X per unit, declining by -6.7% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 20% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 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 Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :