Europe: Market for Air Conditioning Machines For Motor Vehicles 2024

Market Size for Air Conditioning Machines For Motor Vehicles in Europe

After ten years of growth, the Europe market for air conditioning machines for motor vehicles decreased by -8.3% to $X in 2022. Over the period under review, consumption, however, continues to indicate prominent growth. The level of consumption peaked at $X in 2021, and then fell in the following year.

Production of Air Conditioning Machines For Motor Vehicles in Europe

In value terms, motor vehicle air conditioning machine production reached $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by 32%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Air Conditioning Machines For Motor Vehicles

Exports in Europe

Motor vehicle air conditioning machine exports fell to X units in 2022, waning by -9.7% on 2021 figures. In general, exports recorded a mild downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 14% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, motor vehicle air conditioning machine exports shrank to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 15%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), Poland (X units), Slovakia (X units) and the Czech Republic (X units) represented roughly 81% of total exports in 2022. It was distantly followed by Spain (X units), comprising a 5.2% share of total exports. France (X units) and Italy (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 Poland (with a CAGR of +8.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest motor vehicle air conditioning machine supplying countries in Europe were Germany ($X), Slovakia ($X) and the Czech Republic ($X), together comprising 61% of total exports. Poland, Spain, Italy and France lagged somewhat behind, together comprising a further 30%.

Poland, with a CAGR of +9.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, approximately mirroring the previous year. Over the period under review, the export price, however, showed modest growth. The most prominent rate of growth was recorded in 2021 when the export price increased by 14% against the previous year. As a result, the export price attained the peak level of $X per unit, leveling off in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.2%), while the other leaders experienced more modest paces of growth.

Imports of Air Conditioning Machines For Motor Vehicles

Imports in Europe

In 2022, imports of air conditioning machines for motor vehicles in Europe shrank slightly to X units, standing approx. at the previous year's figure. The total import volume increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when imports increased by 33%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, motor vehicle air conditioning machine imports shrank slightly to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 24%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Germany was the major importing country with an import of about X units, which resulted at 31% of total imports. France (X units) took the second position in the ranking, followed by Belgium (X units), Spain (X units), Sweden (X units), Poland (X units), Hungary (X units) and Russia (X units). All these countries together took near 49% share of total imports. The following importers - Portugal (X units), the UK (X units), the Netherlands (X units) and Slovakia (X units) - together made up 12% of total imports.

From 2012 to 2022, average annual rates of growth with regard to motor vehicle air conditioning machine imports into Germany stood at +4.2%. At the same time, Sweden (+29.9%), Hungary (+21.9%), the Netherlands (+19.9%), Poland (+8.8%), Spain (+8.4%), Portugal (+5.7%) and France (+2.3%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing importer imported in Europe, with a CAGR of +29.9% from 2012-2022. By contrast, Belgium (-1.3%), Russia (-2.3%), the UK (-7.6%) and Slovakia (-13.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden, Germany, Hungary, Spain, Poland and the Netherlands increased by +5.3, +5.2, +4.2, +2.6, +2.6 and +2.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported air conditioning machines for motor vehicles in Europe, comprising 25% of total imports. The second position in the ranking was held by France ($X), with an 11% share of total imports. It was followed by Belgium, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value in Germany stood at +1.7%. In the other countries, the average annual rates were as follows: France (-2.2% per year) and Belgium (-3.0% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, waning by -2% against the previous year. Overall, the import price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2017 when the import price increased by 6.7%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while Portugal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform