In 2023, China dominated the global export of chest type freezers not exceeding 800 liters, with a significant share compared to other countries. Romania, Denmark, and South Africa follow, albeit with much smaller shares. China saw a year-on-year increase of 3.31%, highlighting its strengthening position. Notable growth was observed in Chile and the Czech Republic, with increases of over 30%, while traditional export nations like Italy and Austria experienced declines. Switzerland's exports grew by 24.22%, indicating a notable upward trend.
Future trends to watch include continued growth from emerging markets like Chile and the Czech Republic. China's dominant position is expected to persist, but shifts in manufacturing capacities and global supply chain dynamics could introduce new competitors. Monitoring changes in trade policies and tariffs, especially those impacting the U.S. and European countries, could also be pivotal in the global distribution of market shares.
Top countries in Export of Freezers of the Chest Type, Not Exceeding 800 Litre Capacity Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 72.72 | 2023 | +3.35% | +3.31% | View data |
| 2 | 2 Romania | 3.68 | 2023 | +0.55% | +2% | View data |
| 3 | 3 Denmark | 2.28 | 2023 | -4.7% | -7.45% | View data |
| 4 | 4 South Africa | 1.85 | 2023 | +3.07% | +1.76% | View data |
| 5 | 5 Italy | 1.83 | 2023 | -12.07% | -10.99% | View data |
| 6 | 6 Portugal | 1.49 | 2023 | -3.8% | -2.42% | View data |
| 7 | 7 Hungary | 1.47 | 2023 | -9.29% | -8.82% | View data |
| 8 | 8 Netherlands | 1.42 | 2023 | +1.81% | +5.13% | View data |
| 9 | 9 Russia | 0.99 | 2023 | +3.95% | +4.44% | View data |
| 10 | 10 South Korea | 0.81 | 2023 | -3.88% | +4.47% | View data |