Australia and Oceania: Market for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems 2024

Market Size for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in Australia and Oceania

The market for window or wall air conditioning systems, self-contained or split-systems in Australia and Oceania surged to $X in 2022, rising by 297% against the previous year. Overall, consumption continues to indicate a buoyant expansion. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in Australia and Oceania

In value terms, production of window or wall air conditioning systems, self-contained or split-systems reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2019 with an increase of 18%. Over the period under review, production of hit record highs in 2022 and is likely to see steady growth in years to come.

Exports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Exports in Australia and Oceania

In 2022, exports of window or wall air conditioning systems, self-contained or split-systems in Australia and Oceania shrank markedly to X units, waning by -92.3% against the previous year's figure. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 675% against the previous year. As a result, the exports reached the peak of X units, and then reduced dramatically in the following year.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems expanded to $X in 2022. Over the period under review, exports showed a pronounced downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 50%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

In 2022, Australia (X units) represented the major exporter of window or wall air conditioning systems, self-contained or split-systems, committing 69% of total exports. New Zealand (X units) took a 24% share (based on physical terms) of total exports, which put it in second place, followed by Fiji (6.4%).

From 2012 to 2022, average annual rates of growth with regard to window, wall, or split air conditioning system exports from Australia stood at -9.3%. At the same time, New Zealand (+9.4%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +9.4% from 2012-2022. Fiji experienced a relatively flat trend pattern. While the share of New Zealand (+19 p.p.) and Fiji (+3.3 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (-21.3 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest window, wall, or split air conditioning system supplier in Australia and Oceania, comprising 72% of total exports. The second position in the ranking was held by New Zealand ($X), with a 24% share of total exports.

In Australia, exports of window or wall air conditioning systems, self-contained or split-systems decreased by an average annual rate of -5.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (+5.6% per year) and Fiji (-0.9% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, growing by 1,253% against the previous year. Over the period under review, the export price showed a notable expansion. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while Fiji ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.4%), while the other leaders experienced a decline in the export price figures.

Imports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Imports in Australia and Oceania

In 2022, imports of window or wall air conditioning systems, self-contained or split-systems in Australia and Oceania contracted to X units, with a decrease of -7.5% on the year before. Total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.6% against 2017 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 26%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems contracted to $X in 2022. In general, imports recorded a slight decrease. The growth pace was the most rapid in 2017 when imports increased by 27%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Australia was the key importing country with an import of around X units, which recorded 70% of total imports. It was distantly followed by New Zealand (X units), mixing up an 18% share of total imports. Papua New Guinea (X units), Fiji (X units), French Polynesia (X units) and New Caledonia (X units) held a little share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of window or wall air conditioning systems, self-contained or split-systems. At the same time, French Polynesia (+19.4%), New Zealand (+14.7%), Fiji (+9.5%) and Papua New Guinea (+4.4%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +19.4% from 2012-2022. New Caledonia experienced a relatively flat trend pattern. New Zealand (+13 p.p.), French Polynesia (+1.8 p.p.) and Fiji (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -16.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported window or wall air conditioning systems, self-contained or split-systems in Australia and Oceania, comprising 72% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 19% share of total imports. It was followed by Fiji, with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to -3.0%. In the other countries, the average annual rates were as follows: New Zealand (+11.5% per year) and Fiji (+7.6% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, surging by 1.8% against the previous year. Overall, the import price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 an increase of 5.6%. Over the period under review, import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while New Caledonia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Caledonia (+0.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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