Czech Republic: Market for Air conditioning Machines without Refrigeration Unit 2024

Market Size for Air conditioning Machines without Refrigeration Unit in the Czech Republic

In 2022, the Czech market for air conditioning machines without refrigeration unit decreased by -8.8% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption, however, saw a remarkable increase. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Air conditioning Machines without Refrigeration Unit in the Czech Republic

In value terms, production of air conditioning machines without refrigeration unit contracted to $X in 2022 estimated in export price. In general, production, however, showed a measured expansion. The pace of growth was the most pronounced in 2017 with an increase of 141%. As a result, production reached the peak level of $X. From 2018 to 2022, production of growth remained at a somewhat lower figure.

Exports of Air conditioning Machines without Refrigeration Unit

Exports from the Czech Republic

In 2022, overseas shipments of air conditioning machines without refrigeration unit were finally on the rise to reach X units for the first time since 2016, thus ending a five-year declining trend. Overall, exports, however, continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2016 when exports increased by 50% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of air conditioning machines without refrigeration unit expanded sharply to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 33% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for exports of air conditioning machines without refrigeration unit from the Czech Republic, with a 29% share of total exports. Moreover, exports of air conditioning machines without refrigeration unit to Germany exceeded the volume sent to the second major destination, Slovakia (X units), threefold. Hungary (X units) ranked third in terms of total exports with a 9.8% share.

From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+6.9% per year) and Hungary (+23.9% per year).

In value terms, Germany ($X) remains the key foreign market for air conditioning machines without refrigeration unit exports from the Czech Republic, comprising 33% of total exports. The second position in the ranking was held by Slovakia ($X), with a 12% share of total exports. It was followed by Poland, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+7.9% per year) and Poland (+5.7% per year).

Export Prices by Country

In 2022, the average export price for air conditioning machines without refrigeration unit amounted to $X per unit, growing by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 24%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Air conditioning Machines without Refrigeration Unit

Imports into the Czech Republic

In 2022, purchases abroad of air conditioning machines without refrigeration unit increased by 28% to X units for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by 41%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of air conditioning machines without refrigeration unit rose slightly to $X in 2022. The total import value 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 in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 35% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest air conditioning machins without refrigeration unit supplier to the Czech Republic, accounting for a 43% share of total imports. Moreover, imports of air conditioning machines without refrigeration unit from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. Hungary (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+4.4% per year) and Hungary (+7.7% per year).

In value terms, Germany ($X) constituted the largest supplier of air conditioning machines without refrigeration unit to the Czech Republic, comprising 38% of total imports. The second position in the ranking was taken by Poland ($X), with a 13% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+9.6% per year) and Italy (+2.3% per year).

Import Prices by Country

The average import price for air conditioning machines without refrigeration unit stood at $X per unit in 2022, dropping by -18.6% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the average import price increased by 24% against the previous year. The import price peaked at $X per unit in 2021, and then fell markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform