Benelux: Combined Refrigerator-Freezer Market 2024

Combined Refrigerator-Freezer Market Size in Benelux

The Benelux combined refrigerator-freezer market totaled $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, continues to indicate a resilient expansion. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Combined Refrigerator-Freezer Production in Benelux

In value terms, combined refrigerator-freezer production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, recorded strong growth. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Combined Refrigerator-Freezer Exports

Exports in Benelux

In 2022, shipments abroad of combined refrigerators-freezers decreased by X% to X units for the first time since 2015, thus ending a six-year rising trend. Over the period under review, exports, however, continue to indicate a slight increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2021, and then fell remarkably in the following year.

In value terms, combined refrigerator-freezer exports contracted rapidly to $X in 2022. In general, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then reduced markedly in the following year.

Exports by Country

In 2022, the Netherlands (X units) represented the major exporter of combined refrigerators-freezers, constituting X% of total exports. It was distantly followed by Belgium (X units), achieving a X% share of total exports. Luxembourg (X units) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the Netherlands ($X) remains the largest combined refrigerator-freezer supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (X% per year) and Luxembourg (X% per year).

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, jumping by X% against the previous year. Export price indicated resilient growth from 2012 to 2022: its price 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. Based on 2022 figures, combined refrigerator-freezer export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($X per unit), while Belgium ($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 other leaders experienced mixed trends in the export price figures.

Combined Refrigerator-Freezer Imports

Imports in Benelux

In 2022, after six years of growth, there was significant decline in supplies from abroad of combined refrigerators-freezers, when their volume decreased by X% to X units. Total imports indicated mild growth 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 appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2021, and then reduced markedly in the following year.

In value terms, combined refrigerator-freezer imports shrank to $X in 2022. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

The Netherlands represented the main importing country with an import of around X units, which resulted at X% of total imports. It was distantly followed by Belgium (X units), constituting a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the combined refrigerators-freezers imports, with a CAGR of X% from 2012 to 2022. Belgium experienced a relatively flat trend pattern. From 2012 to 2022, the share of Belgium decreased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported combined refrigerators-freezers in Benelux, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands totaled X%.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform

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