Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Poland - 2023
Contents:
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Poland (CIF) - 2023
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Poland (FOB) - 2023
- Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Poland
- Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Poland
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Poland (CIF) - 2023
In November 2023, the average import price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $58.9 per unit, approximately equating the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 27% m-o-m. Over the period under review, average import prices hit record highs at $68.9 per unit in July 2023; however, from August 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($86.6 per unit), while the price for Turkey ($32.1 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Poland (FOB) - 2023
The average export price for refrigerating or freezing equipment; parts thereof, other than furniture stood at $49.0 per unit in November 2023, remaining relatively unchanged against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in December 2022 an increase of 17% m-o-m. Over the period under review, the average export prices reached the peak figure in November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($124 per unit), while the average price for exports to Bulgaria ($11.2 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Poland
In 2022, the amount of refrigerating or freezing equipment; parts thereof, other than furniture imported into Poland expanded remarkably to 6.1M units, with an increase of 6.5% on the previous year. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture surged to $319M in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 20.9 | 41.8 | 71.8 | 115 | 76.5% |
| China | 35.7 | 34.2 | 55.7 | 74.6 | 27.8% |
| Italy | 19.3 | 24.0 | 31.2 | 29.9 | 15.7% |
| Czech Republic | 14.8 | 23.9 | 24.1 | 21.3 | 12.9% |
| South Korea | 15.4 | 12.2 | 13.7 | 13.6 | -4.1% |
| Turkey | 4.5 | 5.2 | 11.5 | 11.1 | 35.1% |
| India | 3.4 | 2.9 | 7.4 | 9.8 | 42.3% |
| Netherlands | 3.8 | 3.4 | 3.8 | 5.2 | 11.0% |
| United Arab Emirates | 5.4 | 6.8 | 5.4 | 2.2 | -25.9% |
| Others | 23.2 | 22.1 | 28.1 | 36.0 | 15.8% |
| Total | 146 | 177 | 253 | 319 | 29.8% |
Top Suppliers of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture to Poland in 2022:
- China (1900.1K units)
- Germany (1584.5K units)
- Italy (657.3K units)
- Czech Republic (404.6K units)
- Turkey (348.8K units)
- South Korea (240.8K units)
- India (223.6K units)
- Netherlands (107.9K units)
- United Arab Emirates (60.0K units)
Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Poland
After three years of growth, shipments abroad of refrigerating or freezing equipment; parts thereof, other than furniture decreased by -1.2% to 7.9M units in 2022. The total export volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 10% against the previous year. As a result, the exports reached the peak of 8M units, and then declined modestly in the following year.
In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture rose modestly to $292M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.6% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 27%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 56.1 | 51.7 | 53.6 | 62.6 | 3.7% |
| Italy | 30.0 | 31.8 | 48.5 | 52.2 | 20.3% |
| Czech Republic | 15.4 | 22.0 | 26.4 | 28.0 | 22.1% |
| Sweden | 15.6 | 22.4 | 27.2 | 19.5 | 7.7% |
| France | 2.9 | 6.9 | 13.3 | 16.0 | 76.7% |
| Austria | 6.3 | 9.8 | 14.7 | 14.1 | 30.8% |
| United Kingdom | 4.6 | 5.5 | 7.8 | 9.0 | 25.1% |
| Lithuania | 4.4 | 5.1 | 6.4 | 6.0 | 10.9% |
| Switzerland | 2.5 | 2.9 | 4.2 | 4.5 | 21.6% |
| Russia | 7.1 | 5.0 | 5.3 | 4.5 | -14.1% |
| Turkey | 2.4 | 3.6 | 4.9 | 4.2 | 20.5% |
| Bulgaria | 3.8 | 3.5 | 4.7 | 2.7 | -10.8% |
| South Africa | 2.3 | 2.0 | 2.1 | 1.3 | -17.3% |
| Others | 36.4 | 53.2 | 66.2 | 67.4 | 22.8% |
| Total | 190 | 225 | 285 | 292 | 15.4% |
Top Export Markets for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture from Poland in 2022:
- Germany (2120.8K units)
- Italy (1609.6K units)
- Czech Republic (858.9K units)
- Sweden (350.2K units)
- Turkey (311.7K units)
- Lithuania (301.5K units)
- Austria (292.0K units)
- France (228.9K units)
- Bulgaria (221.4K units)
- United Kingdom (144.0K units)
- Switzerland (125.8K units)
- South Africa (106.8K units)
- Russia (82.9K units)
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