Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Austria - 2023
Contents:
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Austria (CIF) - 2023
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Austria (FOB) - 2023
- Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Austria
- Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Austria
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Austria (CIF) - 2023
In November 2023, the average import price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $49.2 per unit, waning by -19.4% against the previous month. In general, import price indicated a slight increase from November 2022 to November 2023: its price increased at an average monthly rate of +1.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for refrigerating or freezing equipment; parts thereof, other than furniture decreased by -35.0% against August 2023 indices. The growth pace was the most rapid in August 2023 when the average import price increased by 27% m-o-m. As a result, import price attained the peak level of $75.7 per unit. From September 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Slovakia ($80.5 per unit), while the price for Bosnia and Herzegovina ($17.9 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 Slovakia (+4.5%), 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 Austria (FOB) - 2023
The average export price for refrigerating or freezing equipment; parts thereof, other than furniture stood at $107 per unit in November 2023, with a decrease of -1.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in May 2023 when the average export price increased by 16% m-o-m. Over the period under review, the average export prices attained the maximum at $116 per unit in June 2023; however, from July 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Italy ($180 per unit), while the average price for exports to Spain ($60.6 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 Italy (+7.7%), 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 Austria
In 2022, imports of refrigerating or freezing equipment; parts thereof, other than furniture into Austria reduced to 3.9M units, with a decrease of -10.8% compared with 2021. Overall, imports recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. Imports peaked at 4.4M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture fell to $171M in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, imports attained the peak of $182M, and then dropped in the following year.
Import of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Austria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 46.6 | 50.7 | 60.0 | 65.0 | 11.7% |
Italy | 39.2 | 38.3 | 53.6 | 42.1 | 2.4% |
Czech Republic | 16.6 | 15.5 | 14.0 | 17.0 | 0.8% |
Poland | 3.5 | 4.3 | 10.3 | 7.1 | 26.6% |
Slovakia | 2.9 | 1.8 | 3.1 | 5.2 | 21.5% |
Romania | 5.1 | 3.0 | 2.6 | 3.4 | -12.6% |
Bulgaria | 4.5 | 4.6 | 4.4 | 3.4 | -8.9% |
Bosnia and Herzegovina | 2.4 | 1.9 | 2.4 | 2.0 | -5.9% |
Hungary | 16.5 | 1.2 | 4.4 | 2.0 | -50.5% |
Turkey | 1.6 | 1.4 | 1.9 | 1.8 | 4.0% |
Others | 18.8 | 12.9 | 25.7 | 21.7 | 4.9% |
Total | 158 | 136 | 182 | 171 | 2.7% |
Top Suppliers of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture to Austria in 2022:
- Italy (1285.7K units)
- Germany (1213.0K units)
- Czech Republic (338.0K units)
- Poland (168.2K units)
- Romania (161.0K units)
- Bosnia and Herzegovina (108.4K units)
- Slovakia (106.6K units)
- Bulgaria (94.8K units)
- Turkey (58.2K units)
- Hungary (39.1K units)
Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Austria
In 2022, approx. 950K units of refrigerating or freezing equipment; parts thereof, other than furniture were exported from Austria; which is down by -10.8% on 2021. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. Over the period under review, the exports of attained the peak figure at 1.4M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture contracted to $70M in 2022. Over the period under review, exports recorded a noticeable setback. The pace of growth was the most pronounced in 2021 with an increase of 19%. Over the period under review, the exports of hit record highs at $79M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Austria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 24.4 | 21.1 | 24.5 | 27.9 | 4.6% |
Czech Republic | 14.1 | 3.4 | 4.1 | 4.9 | -29.7% |
Spain | 2.8 | 3.1 | 4.5 | 4.3 | 15.4% |
Switzerland | 3.3 | 2.5 | 3.1 | 3.4 | 1.0% |
Romania | 2.2 | 2.3 | 3.6 | 2.7 | 7.1% |
Italy | 3.6 | 1.6 | 2.0 | 2.7 | -9.1% |
United Kingdom | 6.0 | 5.1 | 5.5 | 2.6 | -24.3% |
Hungary | 1.6 | 3.3 | 2.5 | 2.3 | 12.9% |
France | 3.6 | 1.6 | 2.0 | 1.9 | -19.2% |
Slovakia | 0.6 | 1.7 | 0.8 | 1.9 | 46.8% |
Belgium | 1.6 | 1.6 | 1.6 | 1.6 | 0.0% |
United States | 0.9 | 1.0 | 1.7 | 1.1 | 6.9% |
Sweden | 1.5 | 1.4 | 0.9 | 1.1 | -9.8% |
Others | 12.9 | 9.7 | 14.2 | 11.2 | -4.6% |
Total | 79.1 | 59.5 | 71.0 | 69.7 | -4.1% |
Top Export Markets for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture from Austria in 2022:
- Germany (354.6K units)
- Czech Republic (97.6K units)
- Spain (61.7K units)
- Slovakia (42.7K units)
- Italy (39.2K units)
- United Kingdom (38.6K units)
- Switzerland (34.0K units)
- Hungary (32.4K units)
- Romania (32.2K units)
- France (21.0K units)
- Belgium (18.9K units)
- United States (17.3K units)
- Sweden (17.1K units)
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