Northern America: 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 Northern America

After two years of growth, the North American market for window or wall air conditioning systems, self-contained or split-systems decreased by -0.4% to $X in 2022. The market value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of window or wall air conditioning systems, self-contained or split-systems surged to $X in 2022 estimated in export price. Overall, production showed prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of 116,655,691,600%. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth remained at a lower figure.

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

Exports in Northern America

For the third consecutive year, Northern America recorded growth in shipments abroad of window or wall air conditioning systems, self-contained or split-systems, which increased by 7.4% to X units in 2022. Over the period under review, exports, however, recorded a slight shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by 35% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems soared to $X in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when exports increased by 22%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

The United States dominates split-systems structure, recording X units, which was approx. 92% of total exports in 2022. It was distantly followed by Canada (X units), mixing up an 8.1% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to window, wall, or split air conditioning system exports from the United States stood at -1.8%. At the same time, Canada (+12.7%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +12.7% from 2012-2022. Canada (+5.9 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -5.9% from 2012 to 2022, respectively.

In value terms, the United States ($X) remains the largest window, wall, or split air conditioning system supplier in Northern America, comprising 88% of total exports. The second position in the ranking was held by Canada ($X), with a 12% share of total exports.

In the United States, exports of window or wall air conditioning systems, self-contained or split-systems remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per unit, picking up by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2015 when the export price increased by 35%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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 Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.3%).

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

Imports in Northern America

After two years of growth, overseas purchases of window or wall air conditioning systems, self-contained or split-systems decreased by -11.5% to X units in 2022. Total imports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.3% 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 +43.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of X units, and then shrank in the following year.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems reached $X in 2022. The total import value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 35%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States was the key importing country with an import of about X units, which reached 89% of total imports. It was distantly followed by Canada (X units), generating an 11% share of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of window or wall air conditioning systems, self-contained or split-systems. At the same time, Canada (+5.0%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +5.0% from 2012-2022. From 2012 to 2022, the share of Canada increased by +3.3 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported window or wall air conditioning systems, self-contained or split-systems in Northern America, comprising 82% of total imports. The second position in the ranking was taken by Canada ($X), with an 18% share of total imports.

In the United States, imports of window or wall air conditioning systems, self-contained or split-systems remained relatively stable over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, rising by 13% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.4%).

Source: IndexBox Platform

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