CIS: Household Refrigerator Market 2020

Household Refrigerator Market Size in CIS

The revenue of the household refrigerator market in CIS amounted to $X in 2017, rising by X% against the previous year. The household refrigerator consumption continues to indicate a deep slump. The growth pace was the most rapid in 2013, when market value increased by X% against the previous year. The level of household refrigerator consumption peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Household Refrigerator Production in CIS

In 2017, approx. X units of household-type refrigerators were produced in CIS; waning by -X% against the previous year. The household refrigerator production continues to indicate a deep reduction. The pace of growth was the most pronounced in 2013, when the output figure increased by X% year-to-year. Over the period under review, the household refrigerator production attained its maximum volume of X units in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Household Refrigerator Exports in CIS

In 2017, the amount of household-type refrigerators exported in CIS totaled X units, declining by -X% against the previous year. The household refrigerator exports continue to indicate a significant drop. The pace of growth appeared the most rapid in 2012, when exports increased by X% against the previous year. The volume of exports peaked of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, household refrigerator exports amounted to $X in 2017. The household refrigerator exports continue to indicate a pronounced decrease. In that year, the household refrigerator exports reached their peak level of $X. From 2013 to 2017, growth of the household refrigerator exports failed to regain its momentum.

Household Refrigerator Exports by Country in CIS

In 2017, Russia (X units) represented the key exporter for household-type refrigerators, mixed up X% of total exports. It was distantly followed by Belarus (X units), achieving X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Russia (+X% per year).

In value terms, Russia ($X) and Belarus ($X) were the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

Among the main exporting countries , Russia (-X% per year) experienced the highest rates of growth with regard to exports, over the last decade.

Household Refrigerator Export Prices by Country in CIS

In 2017, the household refrigerator export price in CIS amounted to $X per unit, increasing by X% against the previous year. The household refrigerator export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. In that year, the export prices for household-type refrigerators attained their peak level of $X per unit. From 2011 to 2017, growth of the export prices for household-type refrigerators failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Belarus ($X per unit) and Russia ($X per unit), while Russia ($X per unit) and Belarus ($X per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belarus (-X% per year).

Household Refrigerator Imports in CIS

In 2017, approx. X units of household-type refrigerators were imported in CIS; increasing by X% against the previous year. The household refrigerator imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when imports increased by X% against the previous year. The volume of imports peaked of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, household refrigerator imports amounted to $X in 2017. The household refrigerator imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Household Refrigerator Imports by Country in CIS

In 2017, Russia (X units) was the key importer for household-type refrigerators, constituting X% of total imports. Kyrgyzstan (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by Kazakhstan (X%) and Azerbaijan (X%). The following importers - Armenia (X units) and Belarus (X units) together made up X% of total imports.

Imports into Russia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Kyrgyzstan (+X%) and Azerbaijan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. By contrast, Belarus (-X%), Armenia (-X%) and Kazakhstan (-X%) illustrated a downward trend over the same period. While the share of Kazakhstan (X%), Armenia (X%) and Belarus (X%) increased significantly in terms of the global imports from 2007-2017, the share of Azerbaijan (-X%), Kyrgyzstan (-X%) and Russia (-X%) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported household-type refrigerators in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Azerbaijan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Russia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-X% per year) and Azerbaijan (+X% per year).

Household Refrigerator Import Prices by Country in CIS

In 2017, the household refrigerator import price in CIS amounted to $X per unit, growing by X% against the previous year. The household refrigerator import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, an increase of X% year-to-year. The level of import price peaked of $X per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Armenia ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kazakhstan (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform