Eastern Asia: Air Conditioner Market 2020

Air Conditioner Market Size in Eastern Asia

The revenue of the air conditioner market in Eastern Asia amounted to $X in 2017, falling by -X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2012, with an increase of X% against the previous year. In that year, the air conditioner market reached their peak level of $X. From 2013 to 2017, growth of the air conditioner market stood at a somewhat lower level.

Air Conditioner Production in Eastern Asia

In 2017, approx. X units of air conditioning machines with refrigeration unit were produced in Eastern Asia; coming down by -X% against the previous year. The total output indicated a moderate expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2010, when the output figure increased by X% against the previous year. Over the period under review, the air conditioner production attained its peak figure volume of X units in 2016, and then declined slightly in the following year.

Air Conditioner Exports in Eastern Asia

The exports stood at X units in 2017, coming down by -X% against the previous year. The total exports indicated a temperate growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. The volume of exports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, air conditioner exports totaled $X in 2017. The air conditioner exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Air Conditioner Exports by Country in Eastern Asia

China represented the major exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by South Korea (X units), generating X% share of total exports. Japan (X units) occupied the minor share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, South Korea (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Japan (-X%) illustrated a downward trend over the same period. Japan (X%) significantly strengthened its position in terms of the global exports, while South Korea and China saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, China ($X) remains the largest air conditioner supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global exports. It was followed by Japan, with a X% share.

In China, air conditioner exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: South Korea (-X% per year) and Japan (-X% per year).

Air Conditioner Export Prices by Country in Eastern Asia

The air conditioner export price in Eastern Asia stood at $X thousand per unit in 2017, lowering by -X% against the previous year. The air conditioner export price continues to indicate a measured downturn. The pace of growth was the most pronounced in 2012, when it surged by X% year-to-year. In that year, the export prices for air conditioning machines with refrigeration unit attained their peak level of $X thousand per unit. From 2013 to 2017, growth of the export prices for air conditioning machines with refrigeration unit failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China ($X thousand per unit), while South Korea ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (-X% per year), while the other leaders experienced a decline in the export price figures.

Air Conditioner Imports in Eastern Asia

In 2017, the amount of air conditioning machines with refrigeration unit imported in Eastern Asia totaled X units, jumping by X% against the previous year. The air conditioner imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when imports increased by X% year-to-year. The volume of imports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, air conditioner imports totaled $X in 2017. The air conditioner imports continue to indicate a deep shrinkage. The level of imports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Air Conditioner Imports by Country in Eastern Asia

In 2017, China, Hong Kong SAR (X units) was the major importer for air conditioning machines with refrigeration unit, constituting X% of total imports. Japan (X units) held the second position in the ranking, distantly followed by South Korea (X units) and China, Macao SAR (X units). All these countries together occupied near X% share of total imports. China (X units) followed a long way behind the leaders.

China, Hong Kong SAR was also the fastest growing in terms of the air conditioning machines with refrigeration unit imports, with a CAGR of +X% from 2007 to 2017. At the same time, China, Macao SAR (+X%) and South Korea (+X%) displayed positive paces of growth. By contrast, Japan (-X%) and China (-X%) illustrated a downward trend over the same period. While the share of Japan (X%) and China (X%) increased significantly in terms of the global imports from 2007-2017, the share of China, Macao SAR (-X%) and China, Hong Kong SAR (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest air conditioner markets worldwide were China, Hong Kong SAR ($X), Japan ($X) and China ($X), with a combined X% share of total imports.

China, Hong Kong SAR (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced a decline in the imports figures.

Air Conditioner Import Prices by Country in Eastern Asia

In 2017, the air conditioner import price in Eastern Asia amounted to $X per unit, growing by X% against the previous year. The air conditioner import price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. In that year, the import prices for air conditioning machines with refrigeration unit reached their peak level of $X per unit. From 2011 to 2017, growth of the import prices for air conditioning machines with refrigeration unit failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X per unit), while China, Hong Kong SAR ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform