Iran: 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 Iran

The Iranian market for window or wall air conditioning systems, self-contained or split-systems fell to $X in 2022, waning by -13.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a deep setback. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

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

Exports from Iran

In 2022, approx. X units of window or wall air conditioning systems, self-contained or split-systems were exported from Iran; growing by 34% against the year before. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 1,031%. Over the period under review, the exports of hit record highs at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems skyrocketed to $X in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2014 with an increase of 860%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Kyrgyzstan (X units) was the main destination for exports of window or wall air conditioning systems, self-contained or split-systems from Iran, accounting for a 73% share of total exports. Moreover, exports of window or wall air conditioning systems, self-contained or split-systems to Kyrgyzstan exceeded the volume sent to the second major destination, Turkey (X units), sevenfold. Canada (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Kyrgyzstan amounted to +105.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+33.2% per year) and Canada (+124.9% per year).

In value terms, the largest markets for window, wall, or split air conditioning system exported from Iran were Kyrgyzstan ($X), Canada ($X) and Turkey ($X), together comprising 91% of total exports.

Kyrgyzstan, with a CAGR of +105.1%, recorded the highest growth rate of the value of exports, among 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

The average export price for window or wall air conditioning systems, self-contained or split-systems stood at $X per unit in 2022, jumping by 52% against the previous year. Overall, the export price, however, recorded a abrupt contraction. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Kyrgyzstan ($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 Georgia (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Iran

In 2022, imports of window or wall air conditioning systems, self-contained or split-systems into Iran reduced notably to X units, declining by -23.4% on 2021. In general, imports saw a deep downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 456% against the previous year. Over the period under review, imports of hit record highs at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems expanded markedly to $X in 2022. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 411%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of window, wall, or split air conditioning system to Iran, accounting for a 88% 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, Turkey (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China totaled -5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+4.3% per year) and Germany (+81.0% per year).

In value terms, China ($X) constituted the largest supplier of window or wall air conditioning systems, self-contained or split-systems to Iran, comprising 88% of total imports. The second position in the ranking was taken by Turkey ($X), with a 4.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-1.4% per year) and Germany (+68.4% per year).

Import Prices by Country

The average import price for window or wall air conditioning systems, self-contained or split-systems stood at $X per unit in 2022, rising by 49% against the previous year. Overall, the import price, however, recorded a abrupt contraction. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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