Key Market Indicators
Spain is set to remain a major market for household refrigerators in the coming years. Household refrigerator imports to Spain are expected to reach $105 million by 2026, growing at an average rate of 0.2% year-on-year from 2021. In 2021, Spain ranked 14th in terms of refrigerator imports, with Belgium overtaking the country with $103 million. Germany, France, and the United Kingdom ranked 2nd, 3rd, and 4th, respectively. Meanwhile, Spanish household refrigerator exports are projected to reach $85 million by 2026, declining at an average rate of 1% year-on-year from 2021. In 2021, Portugal overtook Spain as the 14th largest exporter of refrigerators, with exports of $90 million. Italy, Austria, and Mexico ranked 2nd, 3rd, and 4th, respectively.