Forecast: Import of Refrigerating or Freezing Furniture to South Korea

The import of refrigerating or freezing furniture to South Korea stood at 17.525 million USD in 2023. The forecasted values indicate a gradual decline from 2024 to 2028, with figures dropping from 17.471 million USD in 2024 to 17.266 million USD in 2028. The year-on-year variations showcase minor decreases: -0.3% from 2024 to 2025, -0.3% from 2025 to 2026, -0.3% from 2026 to 2027, and -0.3% again from 2027 to 2028. Analyzing the last two years (2023-2024), there is a slight decline of 0.3%. Over the five-year period (2023-2028), the CAGR is -0.3%.

Future trends to watch for:

  • Technological advancements and innovations that could impact demand.
  • Consumer preferences shifting towards eco-friendly and energy-efficient models.
  • Economic factors influencing purchasing power and import levels.

Top Countries about Freezer