Benelux: 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 Benelux

In 2022, the Benelux market for window or wall air conditioning systems, self-contained or split-systems decreased by -17.4% to $X for the first time since 2015, thus ending a six-year rising trend. Over the period under review, consumption, however, recorded a prominent increase. Over the period under review, the market attained the peak level at $X in 2021, and then dropped rapidly in the following year.

Production of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in Benelux

In value terms, production of window or wall air conditioning systems, self-contained or split-systems dropped to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 64%. As a result, production reached the peak level of $X. From 2017 to 2022, production of growth remained at a lower figure.

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

Exports in Benelux

In 2022, after three years of growth, there was significant decline in shipments abroad of window or wall air conditioning systems, self-contained or split-systems, when their volume decreased by -7.4% to X units. Over the period under review, exports, however, continue to indicate a temperate increase. The growth pace was the most rapid in 2016 with an increase of 106%. The volume of export peaked at X units in 2021, and then shrank in the following year.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems reduced to $X in 2022. In general, exports, however, continue to indicate a tangible expansion. The pace of growth was the most pronounced in 2016 when exports increased by 96%. Over the period under review, the exports of attained the peak figure at $X in 2021, and then dropped in the following year.

Exports by Country

The Netherlands was the key exporting country with an export of around X units, which reached 75% of total exports. It was distantly followed by Belgium (X units), committing a 25% share of total exports.

The Netherlands was also the fastest-growing in terms of the window or wall air conditioning systems, self-contained or split-systems exports, with a CAGR of +6.4% from 2012 to 2022. Belgium experienced a relatively flat trend pattern. While the share of the Netherlands (+15 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-14.4 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest window, wall, or split air conditioning system supplier in Benelux, comprising 75% of total exports. The second position in the ranking was held by Belgium ($X), with a 25% share of total exports.

In the Netherlands, exports of window or wall air conditioning systems, self-contained or split-systems increased at an average annual rate of +6.4% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, dropping by -4.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by 23% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.0%).

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

Imports in Benelux

After six years of growth, supplies from abroad of window or wall air conditioning systems, self-contained or split-systems decreased by -13.8% to X units in 2022. Overall, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 62%. The volume of import peaked at X units in 2021, and then shrank in the following year.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems shrank markedly to $X in 2022. Over the period under review, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 47% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2021, and then contracted notably in the following year.

Imports by Country

The Netherlands represented the major importer of window or wall air conditioning systems, self-contained or split-systems in Benelux, with the volume of imports recording X units, which was approx. 77% of total imports in 2022. It was distantly followed by Belgium (X units), comprising a 22% share of total imports.

The Netherlands was also the fastest-growing in terms of the window or wall air conditioning systems, self-contained or split-systems imports, with a CAGR of +11.8% from 2012 to 2022. At the same time, Belgium (+7.5%) displayed positive paces of growth. From 2012 to 2022, the share of the Netherlands increased by +7.8 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported window or wall air conditioning systems, self-contained or split-systems in Benelux, comprising 77% of total imports. The second position in the ranking was held by Belgium ($X), with a 22% share of total imports.

In the Netherlands, imports of window or wall air conditioning systems, self-contained or split-systems increased at an average annual rate of +10.6% over the period from 2012-2022.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, reducing by -5.7% against the previous year. In general, the import price saw a mild slump. The pace of growth was the most pronounced in 2018 when the import price increased by 22% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.1%).

Source: IndexBox Platform