World - Compressors For Refrigeration Equipment - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jul 15, 2024

World - Compressors For Refrigeration Equipment - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Jul 15, 2024

Top Import Markets for Refrigerator Compressor

Refrigerators are an essential part of modern life, keeping our food fresh and safe for consumption. At the heart of every refrigerator lies the compressor, a key component that helps maintain the desired temperature inside the appliance. As the demand for refrigerators continues to rise globally, the market for refrigerator compressors is also experiencing significant growth. In this article, we will explore the top import markets for refrigerator compressors, based on data from the IndexBox market intelligence platform.

1. United States - $2.7 Billion USD in 2023

The United States takes the top spot as the world's largest importer of refrigerator compressors, with an import value of $2.7 billion USD in 2023. The country's strong demand for refrigerators, driven by a growing population and increasing consumer spending, has led to a significant increase in imports of compressor units.

2. Mexico - $1.4 Billion USD in 2023

Mexico is the second-largest importer of refrigerator compressors, with an import value of $1.4 billion USD in 2023. The country's close proximity to the United States, its strong manufacturing sector, and the growing demand for refrigerators in the region have all contributed to the high import volume of compressor units.

3. Germany - $1.3 Billion USD in 2023

Germany ranks third on the list of top import markets for refrigerator compressors, with an import value of $1.3 billion USD in 2023. The country's advanced technology and strong manufacturing base have made it a key player in the global refrigerator compressor market.

4. China - $908.7 Million USD in 2023

China is the fourth-largest importer of refrigerator compressors, with an import value of $908.7 million USD in 2023. The country's rapidly growing middle class, increasing urbanization, and rising disposable income have all contributed to the high demand for refrigerators and compressor units.

5. Turkey - $688.2 Million USD in 2023

Turkey ranks fifth on the list of top import markets for refrigerator compressors, with an import value of $688.2 million USD in 2023. The country's strategic location between Europe and Asia, its robust manufacturing sector, and its growing consumer market have all helped drive the demand for compressor units.

6. South Korea - $607.1 Million USD in 2023

South Korea is the sixth-largest importer of refrigerator compressors, with an import value of $607.1 million USD in 2023. The country's strong consumer electronics industry, advanced technology, and high quality standards have all contributed to its significant import volume of compressor units.

7. Italy - $603.1 Million USD in 2023

Italy takes the seventh spot on the list of top import markets for refrigerator compressors, with an import value of $603.1 million USD in 2023. The country's well-established manufacturing sector, focus on innovation, and high demand for refrigerators have all played a role in driving the import of compressor units.

8. Thailand - $481.7 Million USD in 2023

Thailand ranks eighth on the list of top import markets for refrigerator compressors, with an import value of $481.7 million USD in 2023. The country's growing consumer market, strong manufacturing base, and increasing demand for refrigerators have all contributed to the high import volume of compressor units.

9. France - $449.3 Million USD in 2023

France is the ninth-largest importer of refrigerator compressors, with an import value of $449.3 million USD in 2023. The country's strong consumer market, focus on sustainability, and high quality standards have all helped drive the demand for compressor units.

10. Brazil - $437.5 Million USD in 2023

Brazil rounds out the list of the world's top import markets for refrigerator compressors, with an import value of $437.5 million USD in 2023. The country's large population, increasing consumer spending, and growing demand for refrigerators have all contributed to the high import volume of compressor units.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global refrigerator compressor market. 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 28132300 - Compressors for refrigeration equipment

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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