Scandinavia: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in Scandinavia

In 2022, after two years of growth, there was significant decline in the Scandinavia non-combined refrigerator-freezer market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the market hit record highs at $X in 2021, and then shrank in the following year.

Non-Combined Refrigerator-Freezer Production in Scandinavia

In value terms, non-combined refrigerator-freezer production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Non-Combined Refrigerator-Freezer Exports

Exports in Scandinavia

After four years of growth, overseas shipments of household refrigerators and freezers (not combined) decreased by X% to X units in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021, and then dropped in the following year.

In value terms, non-combined refrigerator-freezer exports reduced to $X in 2022. Over the period under review, 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%. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

Sweden prevails in exports structure, accounting for X units, which was approx. X% of total exports in 2022. Finland (X units) followed a long way behind the leaders.

Exports from Sweden increased at an average annual rate of X% from 2012 to 2022. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest non-combined refrigerator-freezer supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports.

In Sweden, non-combined refrigerator-freezer exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, recorded a slight decline. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per unit), while Sweden amounted to $X per unit.

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

Non-Combined Refrigerator-Freezer Imports

Imports in Scandinavia

Non-combined refrigerator-freezer imports fell to X units in 2022, which is down by X% compared with the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, non-combined refrigerator-freezer imports dropped to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Sweden (X units) was the major importer of household refrigerators and freezers (not combined), mixing up X% of total imports. It was distantly followed by Norway (X units) and Finland (X units), together constituting a X% share of total imports.

Sweden was also the fastest-growing in terms of the household refrigerators and freezers (not combined) imports, with a CAGR of X% from 2012 to 2022. At the same time, Norway (X%) displayed positive paces of growth. Finland experienced a relatively flat trend pattern. While the share of Sweden (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Norway (X p.p.) and Finland (X p.p.) displayed negative dynamics.

In value terms, Sweden ($X) constitutes the largest market for imported household refrigerators and freezers (not combined) in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Norway ($X), with a X% share of total imports.

In Sweden, non-combined refrigerator-freezer imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2022, approximately mirroring the previous year. Overall, the import price, however, continues to indicate a slight slump. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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