Forecast: Import of Compression Type Household Refrigerators to China

In 2023, the import volume of compression type household refrigerators to China stood at 1.2300 million kilograms. From 2024 onwards, the forecast data indicates a gradual decrease in import volumes, with projections showing a continual year-on-year decline. The projected imports are 1.2186 million kilograms in 2024, down to 1.1764 million kilograms by 2028. This reflects an overall decreasing trend, with the compound annual growth rate (CAGR) over five years indicating a slight annual reduction in volume.

Future trends to watch for include:

  • Shifts in domestic production capabilities and priorities within China.
  • Possible changes in consumer preferences, potentially influenced by technological advancements or sustainability considerations.
  • Geopolitical or trade policy developments that could affect import dynamics.
  • Economic factors impacting consumer purchasing power and demand for household appliances.

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