Household refrigerators market in Russia

Earlier Report Observations

The market volume for household refrigerators in Russia stood at 3.27 million units in 2018. After a slight decrease to 3.13 million units in 2019, it grew to 3.59 million units in 2020. This growth was supported by shifts in consumer behavior during the COVID-19 pandemic, which increased demand for home appliances, alongside government measures to support domestic manufacturing.

Market volume reached a peak of 4.08 million units in 2021, driven by a 13.6% rise in domestic production and active localization efforts by major foreign brands such as LG and Bosch. However, in 2022, geopolitical sanctions and severe restrictions on the import of key components like compressors disrupted supply chains, causing a sharp market contraction to 2.72 million units amid economic instability and reduced consumer spending.

Following the 2022 downturn, the industry entered a recovery phase. Production rebounded by 24.5% in 2023 as factories were relaunched under Russian management and localization continued. By 2024, domestic manufacturers accounted for 60% of the market, and new product segments, including promotional refrigerators and display cases, emerged, reflecting the market's adaptation to the new conditions.

Production household refrigerators in Russia

In kind, 2017-2020, K unit

In 2020, Russia produced 3,065 thousand units of household refrigerators, marking a moderate increase of 4.4% compared to the previous year. Looking at the period from 2017 to 2020, production grew by 11.1%, which translates to an average annual growth rate of 3.6%. The largest decline occurred in 2019, with a drop of 2.2%, while the most significant increase was in 2018, at 8.7%.

Annual dynamics of production in Russia in kind, 2017-2020, K unit

Exports household refrigerators from Russia

Exports in kind, K unit

The market showed considerable volatility during these years. From 2018 to 2019, exports fluctuated significantly, with a peak-to-trough difference of 2.7 times. In 2020, Russia's cross-border shipments of household refrigerators totaled 47.2 thousand units, representing a sharp increase of 62.4% over the previous year. The minimum value was recorded in 2019 at 29.1 thousand units, while the maximum was in 2018 at 77.8 thousand units. The largest decline occurred in 2019, falling by 62.7%, and the largest increase was in 2018, rising by 84.2%.

Annual dynamics of product's exports from Russia in kind, 2017-2020, K unit

From 2017 to 2020, the three largest markets for Russia's exports of household refrigerators in kind were Kazakhstan, Uzbekistan, and Belarus. Together, they accounted for 76.6% of total export flows during this period.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Russia in kind, 2017-2020

Exports in value, K $ US

The market displayed an unstable trend throughout the timeframe. Export volumes varied by 2.1 times, from a high in 2018 to a low in 2017. In 2020, Russia exported household refrigerators worth 8,719 thousand US dollars, up by 11.6% compared to 2019. The maximum value was recorded in 2018 at 16,046 thousand US dollars. The largest decline occurred in 2019, dropping by 51.3%, while the largest increase was in 2018, surging by 113.6%.

Annual dynamics of product's exports from Russia in value, 2017-2020, K $ US

During 2017–2020, the three principal markets for Russia's exports of household refrigerators in value terms were Kazakhstan, Uzbekistan, and Belarus. Together, they made up 77.6% of total exports.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Russia in value, 2017-2020

Imports household refrigerators to Russia

Imports in kind, K unit

The data indicates irregular changes, pointing to a volatile market environment. Imports varied by 2.4 times, from a peak in 2020 to a trough in 2019. In 2020, Russia's volume of household refrigerator imports stood at 539.3 thousand units, up by 137.8% over the previous year. The minimum value was recorded in 2019 at 226.8 thousand units. The largest decline occurred in 2019, falling by 33.6%.

Annual dynamics of product's imports to Russia in kind, 2017-2020, K unit

From 2017 to 2020, the three main sources for Russia's imports of household refrigerators in kind were China, Belarus, and Germany. Together, they absorbed 86.3% of total imports.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Russia in kind, 2017-2020

Imports in value, K $ US

Russia's imports of household refrigerators in value terms increased for the third consecutive year. In 2020, the import volume reached 54,838 thousand US dollars, equivalent to an advance of 18.1% from a year earlier. Between 2017 and 2020, imports grew by 68%, which corresponds to an average annual growth rate of 18.9%.

Annual dynamics of product's imports to Russia in value, 2017-2020, K $ US

Over 2017–2020, China, Germany, and Belarus led as the top suppliers of household refrigerators to Russia in value terms. China accounted for 45.1% of imports, Germany for 21.6%, and Belarus for 11.1%. Their combined share reached 77.8% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Russia in value, 2017-2020