Belgium: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in Belgium

After two years of growth, the Belgian non-combined refrigerator-freezer market decreased by X% to $X in 2022. In general, consumption continues to indicate a slight reduction. Non-combined refrigerator-freezer consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Non-Combined Refrigerator-Freezer Exports

Exports from Belgium

In 2022, shipments abroad of household refrigerators and freezers (not combined) decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a slight decrease. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. 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 markedly to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then declined sharply in the following year.

Exports by Country

Germany (X units), France (X units) and the Netherlands (X units) were the main destinations of non-combined refrigerator-freezer exports from Belgium, together accounting for X% of total exports. The Czech Republic and Mauritania lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X), France ($X) and the Netherlands ($X) appeared to be the largest markets for non-combined refrigerator-freezer exported from Belgium worldwide, together comprising X% of total exports. The Czech Republic and Mauritania lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the Czech Republic, with a CAGR of X%, saw the highest growth rate of 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 non-combined refrigerator-freezer export price amounted to $X per unit, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Mauritania ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Combined Refrigerator-Freezer Imports

Imports into Belgium

In 2022, after three years of growth, there was significant decline in supplies from abroad of household refrigerators and freezers (not combined), when their volume decreased by X% to X units. Overall, imports, however, posted a tangible expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2021, and then shrank in the following year.

In value terms, non-combined refrigerator-freezer imports fell to $X in 2022. In general, imports, however, saw a slight increase. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

Turkey (X units), the Netherlands (X units) and China (X units) were the main suppliers of non-combined refrigerator-freezer imports to Belgium, with a combined X% share of total imports. Germany, France, the United States, Bulgaria and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of household refrigerators and freezers (not combined) to Belgium, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Turkey (X% per year).

Import Prices by Country

The average non-combined refrigerator-freezer import price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price recorded a perceptible contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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