Europe: Market for Air conditioning Machines without Refrigeration Unit 2025

Market Size for Air conditioning Machines without Refrigeration Unit in Europe

The Europe market for air conditioning machines without refrigeration unit rose remarkably to $X in 2022, growing by 6.6% against the previous year. Overall, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Air conditioning Machines without Refrigeration Unit in Europe

In value terms, production of air conditioning machines without refrigeration unit amounted to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 17% against the previous year. Over the period under review, production of reached the peak level at $X in 2019; afterwards, it flattened through to 2022.

Exports of Air conditioning Machines without Refrigeration Unit

Exports in Europe

In 2022, exports of air conditioning machines without refrigeration unit in Europe dropped modestly to X units, reducing by -2.2% compared with the year before. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 7.4%. Over the period under review, the exports of attained the peak figure at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of air conditioning machines without refrigeration unit dropped to $X in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

Italy (X units) and Germany (X units) represented roughly 42% of total exports in 2022. Sweden (X units) took a 7.9% share (based on physical terms) of total exports, which put it in second place, followed by Lithuania (6.9%), Poland (5.9%), the Netherlands (4.6%) and Spain (4.5%). The Czech Republic (X units), France (X units), Hungary (X units), Denmark (X units), Austria (X units) and the UK (X units) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +11.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Sweden ($X) were the countries with the highest levels of exports in 2022, together accounting for 49% of total exports. Lithuania, the Netherlands, Poland, France, Denmark, the UK, the Czech Republic, Spain, Austria and Hungary lagged somewhat behind, together comprising a further 43%.

Among the main exporting countries, Austria, with a CAGR of +12.8%, recorded the highest growth rate of 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

The export price in Europe stood at $X per unit in 2022, surging by 1.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2021 an increase of 12% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.6%), while the other leaders experienced more modest paces of growth.

Imports of Air conditioning Machines without Refrigeration Unit

Imports in Europe

In 2022, the amount of air conditioning machines without refrigeration unit imported in Europe rose slightly to X units, increasing by 3% compared with the year before. The total import volume increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, imports of air conditioning machines without refrigeration unit rose to $X in 2022. The total import value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

The purchases of the six major importers of air conditioning machines without refrigeration unit, namely Germany, France, the UK, Russia, Italy and the Netherlands, represented more than half of total import. Poland (X units), Lithuania (X units), Norway (X units), Austria (X units), Belgium (X units), Switzerland (X units) and Hungary (X units) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Lithuania (with a CAGR of +17.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, with a combined 35% share of total imports. Russia, Italy, the Netherlands, Norway, Poland, Switzerland, Austria, Belgium, Hungary and Lithuania lagged somewhat behind, together accounting for a further 44%.

Among the main importing countries, Hungary, with a CAGR of +16.3%, saw 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 import price in Europe stood at $X per unit in 2022, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2017 an increase of 8.3% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform