Germany: Market for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems 2024

Market Size for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in Germany

After two years of growth, the German market for window or wall air conditioning systems, self-contained or split-systems decreased by -7.1% to $X in 2022. Over the period under review, consumption recorded a pronounced descent. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in Germany

In value terms, production of window or wall air conditioning systems, self-contained or split-systems amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2016 when the production volume increased by 17% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Exports from Germany

In 2022, shipments abroad of window or wall air conditioning systems, self-contained or split-systems increased by 22% to X units, rising for the second consecutive year after two years of decline. Overall, total exports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 57% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems shrank to $X in 2022. Over the period under review, exports enjoyed modest growth. The pace of growth appeared the most rapid in 2017 when exports increased by 98% against the previous year. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X units), the Netherlands (X units) and Austria (X units) were the main destinations of exports of window or wall air conditioning systems, self-contained or split-systems from Germany, with a combined 42% share of total exports. Switzerland, France, Italy, Belgium, Slovenia, the UK, Sweden, the Czech Republic, Slovakia and Denmark lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +26.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for window, wall, or split air conditioning system exported from Germany were Poland ($X), the Netherlands ($X) and Austria ($X), together accounting for 42% of total exports. Switzerland, France, Italy, Belgium, Slovenia, the UK, Sweden, the Czech Republic, Slovakia and Denmark lagged somewhat behind, together accounting for a further 40%.

Among the main countries of destination, Slovakia, with a CAGR of +25.8%, saw 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 average export price for window or wall air conditioning systems, self-contained or split-systems stood at $X per unit in 2022, with a decrease of -24.2% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 26%. The export price peaked at $X per unit in 2021, and then contracted dramatically in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($X per unit) and the Czech Republic ($X per unit), while the average price for exports to the UK ($X per unit) and Sweden ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (-0.2%), while the prices for the other major destinations experienced a decline.

Imports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Imports into Germany

For the third consecutive year, Germany recorded growth in purchases abroad of window or wall air conditioning systems, self-contained or split-systems, which increased by 6.2% to X units in 2022. Overall, imports posted a strong expansion. The growth pace was the most rapid in 2017 when imports increased by 48%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems stood at $X in 2022. In general, imports showed a temperate increase. The pace of growth was the most pronounced in 2017 when imports increased by 52% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest window, wall, or split air conditioning system supplier to Germany, with a 37% share of total imports. Moreover, imports of window or wall air conditioning systems, self-contained or split-systems from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. Thailand (X units) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.3% per year) and Thailand (+9.6% per year).

In value terms, China ($X) constituted the largest supplier of window or wall air conditioning systems, self-contained or split-systems to Germany, comprising 37% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by Thailand, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.8% per year) and Thailand (+8.1% per year).

Import Prices by Country

In 2022, the average import price for window or wall air conditioning systems, self-contained or split-systems amounted to $X per unit, with a decrease of -5.1% against the previous year. In general, the import price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2014 an increase of 15%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sweden ($X per unit) and Denmark ($X per unit), while the price for Austria ($X per unit) and the Netherlands ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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