Price for Non-Furniture Refrigerating or Freezing Equipment in the Netherlands - 2023
Contents:
- Price for Non-Furniture Refrigerating or Freezing Equipment in the Netherlands (CIF) - 2023
- Price for Non-Furniture Refrigerating or Freezing Equipment in the Netherlands (FOB) - 2023
- Imports of Non-Furniture Refrigerating or Freezing Equipment in the Netherlands
- Exports of Non-Furniture Refrigerating or Freezing Equipment in the Netherlands
Price for Non-Furniture Refrigerating or Freezing Equipment in the Netherlands (CIF) - 2023
The average import price for non-furniture refrigerating or freezing equipment stood at $225 per unit in July 2023, with an increase of 14% against the previous month. In general, import price indicated a tangible increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, non-furniture refrigerating or freezing equipment import price increased by +39.6% against May 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 82% month-to-month. The import price peaked at $302 per unit in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($462 per unit), while the price for France ($45.3 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 Germany (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Furniture Refrigerating or Freezing Equipment in the Netherlands (FOB) - 2023
In July 2023, the average export price for non-furniture refrigerating or freezing equipment amounted to $269 per unit, surging by 6.5% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in February 2023 an increase of 24% against the previous month. As a result, the export price attained the peak level of $326 per unit. From March 2023 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($464 per unit), while the average price for exports to Germany ($166 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Furniture Refrigerating or Freezing Equipment in the Netherlands
In 2022, approx. 1.6M units of non-furniture refrigerating or freezing equipment were imported into the Netherlands; with an increase of 22% against the year before. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 35% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, non-furniture refrigerating or freezing equipment imports rose sharply to $300M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 32%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Non-Furniture Refrigerating or Freezing Equipment in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 18.9 | 30.1 | 32.9 | 38.3 | 26.5% |
| Germany | 12.9 | 18.1 | 26.9 | 38.1 | 43.5% |
| China | 35.1 | 29.0 | 33.6 | 37.8 | 2.5% |
| Italy | 13.9 | 21.5 | 49.2 | 34.6 | 35.5% |
| United Kingdom | 6.2 | 14.4 | 25.3 | 24.9 | 59.0% |
| Belgium | 17.7 | 33.3 | 11.5 | 22.4 | 8.2% |
| United States | 22.7 | 25.7 | 29.5 | 18.1 | -7.3% |
| Japan | 9.9 | 10.2 | 14.3 | 14.0 | 12.2% |
| Portugal | 0.5 | 0.4 | 0.7 | 7.2 | 143.3% |
| Turkey | 2.0 | 2.5 | 2.5 | 2.4 | 6.3% |
| Taiwan (Chinese) | 9.6 | 16.0 | 16.8 | 0.4 | -65.3% |
| Others | 20.8 | 23.3 | 33.6 | 62.2 | 44.1% |
| Total | 170 | 225 | 277 | 300 | 20.8% |
Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to the Netherlands in 2022:
- France (457.1K units)
- China (219.1K units)
- Italy (123.1K units)
- United Kingdom (121.9K units)
- Germany (120.8K units)
- Belgium (70.4K units)
- United States (59.7K units)
- Portugal (30.9K units)
- Japan (29.8K units)
- Turkey (19.1K units)
- Taiwan (Chinese) (1.7K units)
Exports of Non-Furniture Refrigerating or Freezing Equipment in the Netherlands
For the fourth consecutive year, the Netherlands recorded growth in overseas shipments of non-furniture refrigerating or freezing equipment, which increased by 13% to 1M units in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.1% 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 +73.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 29%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, non-furniture refrigerating or freezing equipment exports soared to $274M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Non-Furniture Refrigerating or Freezing Equipment in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 26.5 | 33.2 | 45.7 | 48.3 | 22.2% |
| Belgium | 17.2 | 15.8 | 17.5 | 26.9 | 16.1% |
| France | 20.6 | 15.7 | 14.3 | 18.3 | -3.9% |
| United States | 12.1 | 13.4 | 21.1 | 17.7 | 13.5% |
| Italy | 17.2 | 7.5 | 8.7 | 13.7 | -7.3% |
| United Kingdom | 11.6 | 23.3 | 22.2 | 13.6 | 5.4% |
| Iraq | 0.2 | 0.4 | 0.2 | 7.8 | 239.1% |
| Turkey | 3.0 | 4.8 | 8.2 | 7.4 | 35.1% |
| Spain | 11.7 | 7.9 | 8.9 | 7.2 | -14.9% |
| Denmark | 3.5 | 4.1 | 5.3 | 7.0 | 26.0% |
| Switzerland | 3.7 | 4.8 | 5.5 | 6.9 | 23.1% |
| United Arab Emirates | 1.1 | 0.5 | 0.1 | 2.9 | 38.1% |
| Norway | 2.1 | 3.7 | 3.9 | 2.9 | 11.4% |
| Others | 51.1 | 52.5 | 58.7 | 93.1 | 22.1% |
| Total | 182 | 188 | 220 | 274 | 14.6% |
Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from the Netherlands in 2022:
- Germany (279.7K units)
- Belgium (93.0K units)
- France (56.9K units)
- Turkey (56.1K units)
- United Kingdom (48.0K units)
- Italy (47.1K units)
- United States (46.1K units)
- Iraq (39.0K units)
- Spain (33.7K units)
- United Arab Emirates (25.7K units)
- Switzerland (22.0K units)
- Denmark (16.6K units)
- Norway (15.5K units)
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