Australia: Market for Air conditioning Machines without Refrigeration Unit 2025

Market Size for Air conditioning Machines without Refrigeration Unit in Australia

In 2022, the Australian market for air conditioning machines without refrigeration unit increased by 20% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +49.5% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

Exports of Air conditioning Machines without Refrigeration Unit

Exports from Australia

In 2022, approx. X units of air conditioning machines without refrigeration unit were exported from Australia; falling by -55.8% on the previous year. Over the period under review, exports, however, recorded tangible growth. The pace of growth appeared the most rapid in 2016 with an increase of 84%. The exports peaked at X units in 2021, and then shrank remarkably in the following year.

In value terms, exports of air conditioning machines without refrigeration unit fell remarkably to $X in 2022. In general, exports showed a pronounced slump. The growth pace was the most rapid in 2016 when exports increased by 82%. Over the period under review, the exports of reached the maximum at $X in 2021, and then declined notably in the following year.

Exports by Country

New Zealand (X units), Taiwan (Chinese) (X units) and Norway (X units) were the main destinations of exports of air conditioning machines without refrigeration unit from Australia, together accounting for 65% of total exports. China, Papua New Guinea, the Philippines, the United States, South Korea, South Africa, Norfolk Island, Singapore and Thailand lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +44.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for air conditioning machins without refrigeration unit exported from Australia were New Zealand ($X), Taiwan (Chinese) ($X) and Norway ($X), with a combined 65% share of total exports. China, Papua New Guinea, the Philippines, the United States, South Korea, South Africa, Norfolk Island, Singapore and Thailand lagged somewhat behind, together comprising a further 31%.

South Korea, with a CAGR of +33.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for air conditioning machines without refrigeration unit amounted to $X per unit, picking up by 8.1% against the previous year. Overall, the export price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 19%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Philippines ($X per unit) and Norway ($X per unit), while the average price for exports to Thailand ($X per unit) and Norfolk Island ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nauru (+174.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Air conditioning Machines without Refrigeration Unit

Imports into Australia

In 2022, overseas purchases of air conditioning machines without refrigeration unit increased by 9.9% to X units, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 28%. Over the period under review, imports of reached the peak figure at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of air conditioning machines without refrigeration unit soared to $X in 2022. In general, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.0% against 2020 indices. The pace of growth was the most pronounced in 2018 when imports increased by 41%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest air conditioning machins without refrigeration unit supplier to Australia, with a 57% share of total imports. Moreover, imports of air conditioning machines without refrigeration unit from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. Malaysia (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+27.3% per year) and Malaysia (-3.1% per year).

In value terms, China ($X) constituted the largest supplier of air conditioning machines without refrigeration unit to Australia, comprising 57% of total imports. The second position in the ranking was taken by the United States ($X), with a 17% share of total imports. It was followed by Malaysia, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+8.8% per year) and Malaysia (+4.9% per year).

Import Prices by Country

The average import price for air conditioning machines without refrigeration unit stood at $X per unit in 2022, increasing by 6.1% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for air conditioning machines without refrigeration unit increased by +90.1% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 51% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per unit) and the United States ($X per unit), while the price for New Zealand ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform