Netherlands: Air Conditioning Machine Market 2024

Air Conditioning Machine Market Size in the Netherlands

For the third consecutive year, the Dutch air conditioning machine market recorded decline in sales value, which decreased by -55.1% to $X in 2022. In general, consumption continues to indicate a abrupt shrinkage. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Air Conditioning Machine Production in the Netherlands

In value terms, air conditioning machine production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt curtailment. Air conditioning machine production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Air Conditioning Machine Exports

Exports from the Netherlands

In 2022, shipments abroad of non-window or wall air conditioning machines decreased by -42.9% to X units for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2020 when exports increased by 81% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then shrank dramatically in the following year.

In value terms, air conditioning machine exports contracted to $X in 2022. Over the period under review, total exports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 45% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell in the following year.

Exports by Country

Germany (X units) was the main destination for air conditioning machine exports from the Netherlands, accounting for a 39% share of total exports. Moreover, air conditioning machine exports to Germany exceeded the volume sent to the second major destination, France (X units), twofold. Belgium (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+12.6% per year) and Belgium (+1.1% per year).

In value terms, Germany ($X) remains the key foreign market for non-window or wall air conditioning machines exports from the Netherlands, comprising 37% of total exports. The second position in the ranking was taken by France ($X), with a 14% share of total exports. It was followed by Belgium, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+7.2% per year) and Belgium (+3.7% per year).

Export Prices by Country

The average air conditioning machine export price stood at $X per unit in 2022, increasing by 50% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable shrinkage. Over the period under review, the average export prices reached the peak figure 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Finland ($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 Russia (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Air Conditioning Machine Imports

Imports into the Netherlands

After four years of growth, overseas purchases of non-window or wall air conditioning machines decreased by -48% to X units in 2022. Overall, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2019 when imports increased by 65% against the previous year. Imports peaked at X units in 2021, and then reduced dramatically in the following year.

In value terms, air conditioning machine imports shrank dramatically to $X in 2022. Over the period under review, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 43%. Imports peaked at $X in 2021, and then contracted dramatically in the following year.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of air conditioning machine imports to the Netherlands, together accounting for 75% of total imports. Belgium, Singapore, the United States, Croatia, India and France lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +90.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest air conditioning machine suppliers to the Netherlands were Germany ($X), China ($X) and France ($X), together accounting for 51% of total imports. Italy, Belgium, the United States, India, Croatia and Singapore lagged somewhat behind, together accounting for a further 22%.

Singapore, with a CAGR of +55.4%, 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

The average air conditioning machine import price stood at $X per unit in 2022, surging by 40% against the previous year. Over the period under review, the import price, however, saw a mild descent. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform