Household refrigerators and freezers market in Russia

Earlier Report Observations

The market volume of household refrigerators and freezers in Russia showed significant fluctuations between 2018 and 2024. Starting at 4 689 thousand units in 2018, the market contracted the following year before experiencing a sharp recovery to 5 675 thousand units in 2020. This growth occurred despite the initial demand shock from the COVID-19 pandemic, with production increasing by 14% that year as the market quickly rebounded. The expansion continued into 2021, reaching 5 910 thousand units, supported by the exit of major Western brands like LG, Samsung, and Bosch, which accelerated import substitution and stimulated the localization of domestic manufacturing.

A major disruption hit in 2022 when sanctions and geopolitical tensions caused a severe slump, reducing market size to 4 704 thousand units. This was driven by a steep 57.9% drop in production in March, coupled with rising prices and shortages of imported components. However, a strong recovery followed in 2023, with the market rebounding to 5 810 thousand units. This resurgence was underpinned by the continued policy of import substitution, which saw the share of Russian producers exceed 65% of the market. The introduction of a new mandatory product labeling system in 2022 also contributed to market transparency.

By 2024, the market volume reached a peak of 6 028 thousand units for the period. Domestic production consistently exceeded imports, and the share of Russian-made refrigerators grew to over 60%, supported by investments in key components like compressors. The market landscape was dominated by major players such as OJSC 'KZK Biryusa', JSC 'IHP Appliances', and LLC 'BEKO'. In 2025, production volumes declined, influenced by high Central Bank key rates and reduced new housing construction, which dampened consumer demand, though a partial resumption of production by LG at its Moscow region plant in spring 2025 provided some counterbalance.

Production household refrigerators and freezers in Russia

In kind, 2018-2021, K unit

Russia's production of household refrigerators and freezers has grown for the second year in a row. In 2021, the country manufactured 4,087 thousand units, marking a 14.9% increase compared to the previous year. Looking at the period from 2018 to 2021, production rose by 19.5%, which translates to an average annual growth rate of 6.1%. The lowest production level was recorded in 2019 at 3,368 thousand units, with the largest decline of 1.5% also occurring that year.

Annual dynamics of production in Russia in kind, 2018-2021, K unit

Exports household refrigerators and freezers from Russia

Exports in kind, K unit

Russia's exports of household refrigerators and freezers have increased for the second consecutive year. In 2021, exports reached 1,178 thousand units, showing a significant rise of 29.1% from the year before. Over the 2018-2021 period, exports grew by 37.2%, with a compound annual growth rate of 11.1%. The lowest export volume was in 2019 at 672 thousand units, which saw the largest decline of 21.7%. In contrast, the largest increase occurred in 2020, with a jump of 35.7%.

Annual dynamics of product's exports from Russia in kind, 2018-2021, K unit

From 2018 to 2021, Kazakhstan, Ukraine, and Belarus were the key partners for Russia's exports of household refrigerators and freezers in volume terms. Kazakhstan accounted for 39.6% of exports, Ukraine for 15.9%, and Belarus for 13.2%. Together, these three countries made up 68.8% of total export flows during this period.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Russia in kind, 2018-2021

Exports in value, M $ US

The value of Russia's exports of household refrigerators and freezers has risen for the second year in a row. In 2021, exports totaled 290.8 million US dollars, representing a substantial increase of 36.1% compared to the previous year. Between 2018 and 2021, export value grew by 37%, equivalent to an average annual rate of 11.1%. The lowest value was recorded in 2019 at 204.8 million US dollars, which also saw the largest decline of 3.5%.

Annual dynamics of product's exports from Russia in value, 2018-2021, M $ US

During the 2018-2021 period, Kazakhstan, Belarus, and Ukraine were the top buyers of Russian household refrigerators and freezers in value terms. Kazakhstan led with 38.2% of exports, followed by Belarus at 17.9% and Ukraine at 16.5%. Combined, these three countries accounted for 72.6% of total export value.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Russia in value, 2018-2021

Imports household refrigerators and freezers to Russia

Imports in kind, K unit

Russia's imports of household refrigerators and freezers showed notable fluctuations from 2018 to 2021. The lowest import volume was in 2019 at 1,680 thousand units, while the highest was in 2021 at 3,052 thousand units, reflecting a 1.8-fold difference between these years. In 2021, imports increased by 2.3% compared to 2020. The largest decline occurred in 2019 with a drop of 20.6%, whereas the largest increase was in 2020, surging by 77.6%.

Annual dynamics of product's imports to Russia in kind, 2018-2021, K unit

From 2018 to 2021, China, Belarus, and Poland were the main sources for Russia's imports of household refrigerators and freezers in volume terms. China dominated with 50.6% of imports, followed by Belarus at 21.1% and Poland at 6.1%. Together, these three countries represented 77.8% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Russia in kind, 2018-2021

Imports in value, M $ US

Russia's imports of household refrigerators and freezers in value terms have grown for the third consecutive year. In 2021, imports amounted to 290.8 million US dollars, indicating a strong increase of 16.6% from the previous year. Over the 2018-2021 period, import value rose by 40.9%, which corresponds to an average annual growth rate of 12.1%.

Annual dynamics of product's imports to Russia in value, 2018-2021, M $ US

In the 2018-2021 period, China, Belarus, and Germany were the leading sources for Russia's imports of household refrigerators and freezers in value terms. China accounted for 38.3% of imports, Belarus for 21.6%, and Germany for 8.4%. Collectively, these three countries made up 68.3% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Russia in value, 2018-2021