Eastern Europe: Air Conditioning Machine Market 2025

Air Conditioning Machine Market Size in Eastern Europe

The East European air conditioning machine market shrank notably to $X in 2022, with a decrease of -34% against the previous year. Over the period under review, consumption, however, enjoyed a buoyant increase. As a result, consumption attained the peak level of $X, and then shrank remarkably in the following year.

Air Conditioning Machine Production in Eastern Europe

In value terms, air conditioning machine production soared to $X in 2022 estimated in export price. The total production indicated a slight expansion from 2012 to 2022: its value 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. Based on 2022 figures, production decreased by -30.8% against 2017 indices. The growth pace was the most rapid in 2017 with an increase of 50%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Air Conditioning Machine Exports

Exports in Eastern Europe

In 2022, after two years of growth, there was decline in shipments abroad of non-window or wall air conditioning machines, when their volume decreased by -2.2% to X units. The total export volume increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2013 when exports increased by 10%. The volume of export peaked at X units in 2021, and then declined slightly in the following year.

In value terms, air conditioning machine exports expanded to $X in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 15%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

Poland (X units), Hungary (X units), the Czech Republic (X units), Slovakia (X units) and Lithuania (X units) represented roughly 89% of total exports in 2022. Bulgaria (X units), Romania (X units) and Latvia (X units) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Latvia (with a CAGR of +18.6%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and Lithuania ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 63% of total exports. Slovakia, Hungary, Bulgaria, Romania and Latvia lagged somewhat behind, together accounting for a further 33%.

Among the main exporting countries, Romania, with a CAGR of +18.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, picking up by 6.5% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the export prices reached the peak figure at $X per unit in 2018; afterwards, it flattened through to 2022.

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 Bulgaria ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.4%), while the other leaders experienced more modest paces of growth.

Air Conditioning Machine Imports

Imports in Eastern Europe

In 2022, imports of non-window or wall air conditioning machines in Eastern Europe skyrocketed to X units, rising by 32% against 2021 figures. The total import volume increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, air conditioning machine imports soared to $X in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia represented the main importing country with an import of around X units, which amounted to 41% of total imports. Poland (X units) held the second position in the ranking, distantly followed by the Czech Republic (X units), Lithuania (X units), Hungary (X units) and Romania (X units). All these countries together held near 47% share of total imports. Slovakia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Slovakia (with a CAGR of +12.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2022, with a combined 61% share of total imports.

In terms of the main importing countries, Poland, with a CAGR of +11.4%, 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

In 2022, the import price in Eastern Europe amounted to $X per unit, shrinking by -2.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2018 an increase of 15% against the previous year. The level of import peaked at $X per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform