Report Update Apr 1, 2024

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

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Saudi Arabia: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in Saudi Arabia

In 2022, the Saudi non-combined refrigerator-freezer market increased by X% to $X, rising for the third year in a row after seven years of decline. Over the period under review, consumption, however, recorded a slight decrease. Non-combined refrigerator-freezer consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Non-Combined Refrigerator-Freezer Exports

Exports from Saudi Arabia

In 2022, approx. X units of household refrigerators and freezers (not combined) were exported from Saudi Arabia; which is down by X% against the year before. In general, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, non-combined refrigerator-freezer exports contracted significantly to $X in 2022. Over the period under review, exports showed a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units), Egypt (X units) and Lebanon (X units) were the main destinations of non-combined refrigerator-freezer exports from Saudi Arabia, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the United Arab Emirates ($X), Egypt ($X) and Lebanon ($X) appeared to be the largest markets for non-combined refrigerator-freezer exported from Saudi Arabia worldwide, together comprising X% of total exports. These countries were followed by Cote d'Ivoire, which accounted for a further X%.

Cote d'Ivoire, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average non-combined refrigerator-freezer export price amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per unit), while the average price for exports to Lebanon ($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 Somalia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Combined Refrigerator-Freezer Imports

Imports into Saudi Arabia

In 2022, non-combined refrigerator-freezer imports into Saudi Arabia rose rapidly to X units, growing by X% on 2021 figures. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, non-combined refrigerator-freezer imports dropped to $X in 2022. Overall, imports, however, recorded a noticeable downturn. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main non-combined refrigerator-freezer supplier to Saudi Arabia, with a X% share of total imports. It was followed by Bahrain (X units), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%.

In value terms, China ($X) constituted the largest supplier of household refrigerators and freezers (not combined) to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by Bahrain ($X), with a X% share of total imports.

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

Import Prices by Country

The average non-combined refrigerator-freezer import price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the import price saw a perceptible slump. The growth pace was the most rapid in 2021 when the average import price increased by X%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bahrain ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China constituted the country with the largest volume of non-combined refrigerator-freezer consumption, comprising approx. 38% of total volume. Moreover, non-combined refrigerator-freezer consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold. The United States ranked third in terms of total consumption with a 7.9% share.

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

The country with the largest volume of non-combined refrigerator-freezer production was China, accounting for 53% of total volume. Moreover, non-combined refrigerator-freezer production in China exceeded the figures recorded by the second-largest producer, India, sixfold. The third position in this ranking was held by the United States, with a 3.9% share.

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

In value terms, China constituted the largest supplier of household refrigerators and freezers not combined) to Saudi Arabia, comprising 92% of total imports. The second position in the ranking was taken by Bahrain, with a 5% share of total imports.

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

In value terms, the United Arab Emirates, Egypt and Lebanon were the largest markets for non-combined refrigerator-freezer exported from Saudi Arabia worldwide, with a combined 95% share of total exports. These countries were followed by Cote d'Ivoire, which accounted for a further 2.7%.

What is the average export price for household refrigerators and freezers (not combined) in Saudi Arabia?

In 2022, the average non-combined refrigerator-freezer export price amounted to $207 per unit, growing by 118% against the previous year.

What is the average import price for household refrigerators and freezers (not combined) in Saudi Arabia?

In 2022, the average non-combined refrigerator-freezer import price amounted to $140 per unit, reducing by -15.9% against the previous year.

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

Saudi Arabia

Data coverage:

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