Czech Republic: Air Conditioning Machine Market 2024

Air Conditioning Machine Market Size in the Czech Republic

In 2021, the Czech air conditioning machine market increased by 2,831% to $X, rising for the fourth year in a row after two years of decline. In general, consumption recorded a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Air Conditioning Machine Production in the Czech Republic

In value terms, air conditioning machine production stood at $X in 2021 estimated in export price. Overall, production, however, showed a pronounced descent. The growth pace was the most rapid in 2013 when the production volume increased by 22% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Air Conditioning Machine Exports

Exports from the Czech Republic

In 2021, shipments abroad of air conditioning machines decreased by -14.7% to X units, falling for the fifth consecutive year after two years of growth. In general, exports saw a noticeable curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 24%. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, air conditioning machine exports declined to $X in 2021. Overall, exports saw a deep setback. The pace of growth was the most pronounced in 2013 when exports increased by 23%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for air conditioning machine exports from the Czech Republic, with a 36% share of total exports. Moreover, air conditioning machine exports to Germany exceeded the volume sent to the second major destination, Belgium (X units), twofold. The third position in this ranking was held by Russia (X units), with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at -8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+10.7% per year) and Russia (-2.6% per year).

In value terms, Germany ($X) remains the key foreign market for air conditioning machine exports from the Czech Republic, comprising 40% of total exports. The second position in the ranking was held by Poland ($X), with a 9.3% share of total exports. It was followed by Russia, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to -5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+3.1% per year) and Russia (-11.0% per year).

Export Prices by Country

In 2021, the average air conditioning machine export price amounted to $X per unit, rising by 15% against the previous year. Overall, the export price, however, recorded a slight curtailment. The pace of growth appeared the most rapid in 2019 an increase of 20% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Slovakia ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Air Conditioning Machine Imports

Imports into the Czech Republic

In 2021, supplies from abroad of air conditioning machines decreased by -11.3% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of 34%. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, air conditioning machine imports stood at $X in 2021. Overall, imports showed a pronounced slump. The pace of growth was the most pronounced in 2016 with an increase of 18%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and Poland (X units) were the main suppliers of air conditioning machine imports to the Czech Republic, with a combined 59% share of total imports. Austria, Italy, the Netherlands, France, Hungary, Spain, Slovakia, Thailand, Japan and South Korea lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +48.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest air conditioning machine suppliers to the Czech Republic were Germany ($X), China ($X) and Austria ($X), with a combined 53% share of total imports. Poland, the Netherlands, Italy, France, Hungary, Spain, Slovakia, Thailand, Japan and South Korea lagged somewhat behind, together accounting for a further 40%.

In terms of the main suppliers, the Netherlands, with a CAGR of +47.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average air conditioning machine import price stood at $X per unit in 2021, picking up by 15% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2017 an increase of 36% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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