Turkey - Household Refrigerators And Freezers (Not Combined) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Combined Refrigerator-Freezer Price in Turkey - 2023
Contents:
- Non-Combined Refrigerator-Freezer Price in Turkey (FOB) - 2023
- Non-Combined Refrigerator-Freezer Price in Turkey (CIF) - 2023
- Non-Combined Refrigerator-Freezer Exports in Turkey
- Non-Combined Refrigerator-Freezer Imports in Turkey
Non-Combined Refrigerator-Freezer Price in Turkey (FOB) - 2023
The average non-combined refrigerator-freezer export price stood at $229 per unit in July 2023, growing by 1.9% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 16% month-to-month. As a result, the export price attained the peak level of $245 per unit. From December 2022 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($298 per unit), while the average price for exports to Poland ($128 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Combined Refrigerator-Freezer Price in Turkey (CIF) - 2023
The average non-combined refrigerator-freezer import price stood at $141 per unit in July 2023, surging by 14% against the previous month. Overall, the import price, however, showed a noticeable slump. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 197% against the previous month. As a result, import price reached the peak level of $594 per unit. From October 2022 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($787 per unit), while the price for China ($104 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Egypt (+19.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Combined Refrigerator-Freezer Exports in Turkey
In 2022, shipments abroad of household refrigerators and freezers (not combined) decreased by -5.7% to 3M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 17% against the previous year. The exports peaked at 3.1M units in 2021, and then fell in the following year.
In value terms, non-combined refrigerator-freezer exports contracted to $618M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. As a result, the exports reached the peak of $658M, and then dropped in the following year.
Export of Non-Combined Refrigerator-Freezer in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 45.3 | 40.5 | 82.3 | 98.0 | 29.3% |
Germany | 49.9 | 63.8 | 76.9 | 64.5 | 8.9% |
United Kingdom | 63.4 | 82.9 | 76.0 | 61.1 | -1.2% |
France | 39.2 | 42.8 | 57.0 | 49.9 | 8.4% |
Italy | 16.7 | 20.2 | 25.6 | 25.5 | 15.2% |
Sweden | 19.2 | 21.0 | 27.3 | 24.6 | 8.6% |
Israel | 13.5 | 21.3 | 23.2 | 22.8 | 19.1% |
Spain | 16.0 | 19.5 | 22.4 | 20.7 | 9.0% |
Iraq | 8.2 | 10.5 | 21.1 | 19.5 | 33.5% |
Egypt | 14.2 | 19.3 | 29.7 | 18.1 | 8.4% |
Belgium | 8.2 | 12.3 | 11.9 | 12.6 | 15.4% |
Netherlands | 9.9 | 11.2 | 13.6 | 12.5 | 8.1% |
Poland | 5.9 | 11.5 | 11.2 | 10.5 | 21.2% |
Others | 96.8 | 102 | 180 | 177 | 22.3% |
Total | 407 | 479 | 658 | 618 | 14.9% |
Top Export Markets for Non-Combined Refrigerator-Freezer from Turkey in 2022:
- United Kingdom (449.7K units)
- Germany (341.9K units)
- France (306.7K units)
- Italy (158.1K units)
- Sweden (126.5K units)
- Spain (126.2K units)
- Israel (104.5K units)
- Iraq (94.4K units)
- Egypt (83.4K units)
- Netherlands (82.1K units)
- Poland (76.4K units)
- Belgium (72.8K units)
- United States (70.8K units)
Non-Combined Refrigerator-Freezer Imports in Turkey
In 2022, overseas purchases of household refrigerators and freezers (not combined) decreased by -37.2% to 222K units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 38%. As a result, imports attained the peak of 427K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, non-combined refrigerator-freezer imports shrank markedly to $46M in 2022. Over the period under review, total imports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 39%. Over the period under review, imports attained the peak figure at $64M in 2021, and then shrank sharply in the following year.
Import of Non-Combined Refrigerator-Freezer in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 25.5 | 33.5 | 41.9 | 18.9 | -9.5% |
China | 12.0 | 18.1 | 7.0 | 10.1 | -5.6% |
Germany | 2.1 | 2.0 | 3.8 | 6.0 | 41.9% |
Italy | 0.4 | 0.8 | 1.8 | 2.9 | 93.5% |
Poland | 0.8 | 0.6 | 2.3 | 2.6 | 48.1% |
Others | 3.6 | 6.6 | 6.9 | 5.8 | 17.2% |
Total | 44.4 | 61.7 | 63.7 | 46.3 | 1.4% |
Top Suppliers of Non-Combined Refrigerator-Freezer to Turkey in 2022:
- Romania (114.7K units)
- China (78.1K units)
- Germany (9.6K units)
- Poland (6.5K units)
- Italy (3.9K units)
This report provides an in-depth analysis of the non-combined refrigerator-freezer market in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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