Report Update Apr 1, 2024

Puerto Rico - Household Refrigerators and Freezers (Not Combined) - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in Puerto Rico

The Puerto Rican non-combined refrigerator-freezer market dropped to $X in 2021, which is down by -10% against the previous year. Overall, consumption saw a drastic downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Non-Combined Refrigerator-Freezer Production in Puerto Rico

In value terms, non-combined refrigerator-freezer production dropped to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 27%. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Non-Combined Refrigerator-Freezer Exports

Exports by Country

China prevails in exports structure, resulting at X tons, which was approx. 59% of total exports in 2021. It was distantly followed by Turkey (X tons) and Thailand (X tons), together mixing up a 7.9% share of total exports. Germany (X tons), the Netherlands (X tons), Poland (X tons), Italy (X tons), Hungary (X tons), Romania (X tons), Bulgaria (X tons), Mexico (X tons), South Africa (X tons) and the United States (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to non-combined refrigerator-freezer exports from China stood at +6.6%. At the same time, the Netherlands (+13.6%), Bulgaria (+7.2%) and Romania (+2.3%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +13.6% from 2012-2021. Poland, Hungary and Turkey experienced a relatively flat trend pattern. By contrast, Germany (-1.6%), Italy (-3.1%), the United States (-17.6%), South Africa (-18.9%), Mexico (-19.1%) and Thailand (-33.2%) illustrated a downward trend over the same period. While the share of China (+23 p.p.) and the Netherlands (+1.9 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the United States (-2.5 p.p.), South Africa (-3.9 p.p.), Mexico (-4.4 p.p.) and Thailand (-8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-combined refrigerator-freezer supplier from Puerto Rico, comprising 43% of global exports. The second position in the ranking was taken by Thailand ($X), with a 7.7% share of global exports. It was followed by Germany, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +7.1%. In the other countries, the average annual rates were as follows: Thailand (+0.8% per year) and Germany (-0.2% per year).

Non-Combined Refrigerator-Freezer Imports

Imports by Country

In 2021, the United States (X tons), followed by Germany (X tons), France (X tons) and the UK (X tons) were the major importers of household refrigerators and freezers (not combined), together making up 30% of total imports. The Netherlands (X tons), Russia (X tons), Sweden (X tons), Belgium (X tons), Canada (X tons), Italy (X tons), Taiwan (Chinese) (X tons), India (X tons) and Spain (X tons) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +8.8% from 2012 to 2021. At the same time, India (+13.4%), Taiwan (Chinese) (+9.6%), Russia (+9.0%), the Netherlands (+8.7%), Sweden (+6.8%), Canada (+6.7%), Germany (+5.2%), Belgium (+2.3%) and France (+1.1%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +13.4% from 2012-2021. The UK and Italy experienced a relatively flat trend pattern. By contrast, Spain (-5.7%) illustrated a downward trend over the same period. The United States (+5.8 p.p.), the Netherlands (+1.9 p.p.) and Germany (+1.5 p.p.) significantly strengthened its position in terms of the global imports, while Spain saw its share reduced by -1.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported household refrigerators and freezers (not combined) into Puerto Rico, comprising 13% of global imports. The second position in the ranking was held by Germany ($X), with a 6.3% share of global imports. It was followed by France, with a 5.6% share.

In the United States, non-combined refrigerator-freezer imports expanded at an average annual rate of +8.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+4.6% per year) and France (+1.0% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for household refrigerators and freezers (not combined) in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, together accounting for 39% of global consumption. Brazil, Japan, Pakistan, Indonesia, Turkey, Mexico, Egypt, France, the UK and Thailand lagged somewhat behind, together accounting for a further 32%.

What are the largest producers of household refrigerators and freezers (not combined) in the world?

China remains the largest non-combined refrigerator-freezer producing country worldwide, comprising approx. 37% of total volume. Moreover, non-combined refrigerator-freezer production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. The third position in this ranking was held by India, with an 8.1% share.

What are the leading suppliers of household refrigerators and freezers (not combined) to Puerto Rico?

In value terms, the United States constitutes the largest market for imported household refrigerators and freezers not combined) into Puerto Rico, comprising 13% of global imports. The second position in the ranking was held by Germany, with a 6.3% share of global imports. It was followed by France, with a 5.6% share.

What are the leading importers of household refrigerators and freezers (not combined) from Puerto Rico?

In value terms, China remains the largest non-combined refrigerator-freezer supplier from Puerto Rico, comprising 43% of global exports. The second position in the ranking was held by Thailand, with a 7.7% share of global exports. It was followed by Germany, with a 6.4% share.

This report provides an in-depth analysis of the non-combined refrigerator-freezer market in Puerto Rico. 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:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023