Price for Non-Furniture Refrigerating or Freezing Equipment in France - 2023

Contents:

  1. Price for Non-Furniture Refrigerating or Freezing Equipment in France (FOB) - 2022
  2. Price for Non-Furniture Refrigerating or Freezing Equipment in France (CIF) - 2023
  3. Exports of Non-Furniture Refrigerating or Freezing Equipment in France
  4. Imports of Non-Furniture Refrigerating or Freezing Equipment in France

Price for Non-Furniture Refrigerating or Freezing Equipment in France (FOB) - 2022

The average export price for non-furniture refrigerating or freezing equipment stood at $176 per unit in 2022, reducing by -3.5% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 62%. As a result, the export price attained the peak level of $254 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($199 per unit), while the average price for exports to Morocco ($104 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 Spain (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Non-Furniture Refrigerating or Freezing Equipment in France (CIF) - 2023

The average import price for non-furniture refrigerating or freezing equipment stood at $247 per unit in July 2023, picking up by 2.2% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 when the average import price increased by 44% month-to-month. The import price peaked at $292 per unit in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Thailand ($645 per unit), while the price for China ($110 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the UK (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Non-Furniture Refrigerating or Freezing Equipment in France

In 2022, the amount of non-furniture refrigerating or freezing equipment exported from France reached 3.6M units, increasing by 14% compared with the previous year. The total export volume increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, non-furniture refrigerating or freezing equipment exports rose significantly to $641M in 2022. The total export value increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Export of Non-Furniture Refrigerating or Freezing Equipment in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany62.064.573.581.19.4%
Spain36.731.438.556.315.3%
United Kingdom30.632.043.551.819.2%
Italy33.536.549.443.38.9%
United Arab Emirates37.229.122.240.93.2%
Netherlands25.326.631.225.90.8%
Israel18.120.016.123.38.8%
Egypt12.315.117.620.819.1%
Belgium14.710.617.116.64.1%
Turkey8.212.515.715.122.6%
Poland16.518.919.715.1-2.9%
Czech Republic6.07.810.612.828.7%
Morocco5.84.39.69.618.3%
Others2161952192292.0%
Total5235055846417.0%

Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from France in 2022:

  1. Germany (408.3K units)
  2. Spain (321.0K units)
  3. United Arab Emirates (299.4K units)
  4. United Kingdom (269.2K units)
  5. Italy (269.1K units)
  6. Egypt (185.7K units)
  7. Israel (168.8K units)
  8. Netherlands (161.9K units)
  9. Turkey (138.8K units)
  10. Poland (92.3K units)
  11. Morocco (91.9K units)
  12. Belgium (90.3K units)
  13. Czech Republic (73.1K units)

Imports of Non-Furniture Refrigerating or Freezing Equipment in France

Non-furniture refrigerating or freezing equipment imports into France was estimated at 1.6M units in 2022, increasing by 3.4% against the previous year's figure. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, non-furniture refrigerating or freezing equipment imports totaled $365M in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Import of Non-Furniture Refrigerating or Freezing Equipment in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy65.577.986.190.211.3%
Ireland42.328.745.147.53.9%
Germany25.536.840.937.213.4%
Spain29.431.040.836.77.7%
China51.026.539.534.6-12.1%
United States11.58.311.716.713.2%
Belgium16.617.119.815.4-2.5%
Netherlands5.311.713.013.536.6%
Israel9.710.78.610.94.0%
Czech Republic9.16.98.910.44.6%
United Kingdom8.51.79.39.43.4%
Poland7.87.73.55.7-9.9%
Croatia2.11.11.54.024.0%
Others31.124.033.332.51.5%
Total3152903623655.0%

Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to France in 2022:

  1. Italy (498.0K units)
  2. China (215.5K units)
  3. Ireland (164.0K units)
  4. Spain (161.2K units)
  5. Germany (148.8K units)
  6. Belgium (76.4K units)
  7. Netherlands (57.7K units)
  8. United Kingdom (53.2K units)
  9. Czech Republic (40.5K units)
  10. Israel (35.7K units)
  11. Poland (34.7K units)
  12. United States (30.9K units)
  13. Croatia (27.4K units)

Source: IndexBox Market Intelligence Platform

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