Germany: Market for Air conditioning Machines without Refrigeration Unit 2024

Market Size for Air conditioning Machines without Refrigeration Unit in Germany

In 2022, the German market for air conditioning machines without refrigeration unit decreased by -12% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, showed slight growth. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Air conditioning Machines without Refrigeration Unit in Germany

In value terms, production of air conditioning machines without refrigeration unit totaled $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 15%. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

Exports of Air conditioning Machines without Refrigeration Unit

Exports from Germany

In 2022, approx. X units of air conditioning machines without refrigeration unit were exported from Germany; which is down by -14.3% against 2021 figures. In general, exports continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2017 when exports increased by 12%. The exports peaked 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 markedly to $X in 2022. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 20%. The exports peaked at $X in 2021, and then shrank sharply in the following year.

Exports by Country

France (X units), the Netherlands (X units) and Austria (X units) were the main destinations of exports of air conditioning machines without refrigeration unit from Germany, with a combined 39% share of total exports. Poland, Belgium, Switzerland, the UK, the Czech Republic, Sweden, Spain, Luxembourg, Russia and Italy lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +8.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for air conditioning machins without refrigeration unit exported from Germany were the Netherlands ($X), France ($X) and Switzerland ($X), with a combined 36% share of total exports. Austria, Poland, the UK, Sweden, Belgium, Italy, Spain, the Czech Republic, Luxembourg and Russia lagged somewhat behind, together accounting for a further 40%.

Italy, with a CAGR of +11.8%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for air conditioning machines without refrigeration unit amounted to $X per unit, dropping by -1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2021 when the average export price increased by 14% against the previous year. As a result, the export price reached the peak level of $X per unit, and then dropped modestly in the following year.

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 Italy ($X per unit), while the average price for exports to Russia ($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 Sweden (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Air conditioning Machines without Refrigeration Unit

Imports into Germany

In 2022, imports of air conditioning machines without refrigeration unit into Germany rose slightly to X units, growing by 4.9% against the year before. Overall, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +102.6% against 2014 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 22%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of air conditioning machines without refrigeration unit totaled $X in 2022. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.6% against 2013 indices. The pace of growth was the most pronounced in 2020 when imports increased by 19%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Italy (X units), Hungary (X units) and the Netherlands (X units) were the main suppliers of imports of air conditioning machines without refrigeration unit to Germany, with a combined 45% share of total imports. China, Sweden, the Czech Republic, Spain, Slovakia, Austria, Turkey and Lithuania lagged somewhat behind, together comprising a further 46%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +39.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the Netherlands ($X) and Sweden ($X) were the largest air conditioning machins without refrigeration unit suppliers to Germany, with a combined 47% share of total imports. China, Hungary, the Czech Republic, Spain, Slovakia, Austria, Lithuania and Turkey lagged somewhat behind, together comprising a further 39%.

Turkey, with a CAGR of +35.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for air conditioning machines without refrigeration unit amounted to $X per unit, picking up by 2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2013 an increase of 16%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform