Romania: Market for Air conditioning Machines without Refrigeration Unit 2025

Market Size for Air conditioning Machines without Refrigeration Unit in Romania

In 2022, the Romanian market for air conditioning machines without refrigeration unit decreased by -13.3% to $X, falling for the second consecutive year after two years of growth. Overall, the total consumption indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -21.7% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Exports of Air conditioning Machines without Refrigeration Unit

Exports from Romania

Exports of air conditioning machines without refrigeration unit from Romania soared to X units in 2022, rising by 26% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 902%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of air conditioning machines without refrigeration unit amounted to $X in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 1,387%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X units), Lithuania (X units) and Denmark (X units) were the main destinations of exports of air conditioning machines without refrigeration unit from Romania, together comprising 71% of total exports. Moldova, Poland, Uzbekistan, Bulgaria, Bosnia and Herzegovina, the UK and the United States lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bosnia and Herzegovina (with a CAGR of +1,940.0%), while the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), Germany ($X) and Denmark ($X) constituted the largest markets for air conditioning machins without refrigeration unit exported from Romania worldwide, with a combined 73% share of total exports. Moldova, Poland, Uzbekistan, Bulgaria, the UK, the United States and Bosnia and Herzegovina lagged somewhat behind, together comprising a further 21%.

In terms of the main countries of destination, Bosnia and Herzegovina, with a CAGR of +2,276.3%, recorded the highest rates of growth with regard to 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 air conditioning machines without refrigeration unit stood at $X per unit in 2022, reducing by -12.3% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for air conditioning machines without refrigeration unit decreased by -2.5% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 48% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then reduced in the following year.

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 Denmark ($X per unit), while the average price for exports to Bosnia and Herzegovina ($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 the United States (+48.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Air conditioning Machines without Refrigeration Unit

Imports into Romania

In 2022, imports of air conditioning machines without refrigeration unit into Romania reduced slightly to X units, remaining stable against 2021 figures. Overall, total imports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.3% against 2020 indices. The pace of growth was the most pronounced in 2015 with an increase of 47%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of air conditioning machines without refrigeration unit shrank to $X in 2022. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of 23% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2021, and then declined in the following year.

Imports by Country

Italy (X units), Germany (X units) and Poland (X units) were the main suppliers of imports of air conditioning machines without refrigeration unit to Romania, together comprising 58% of total imports. Turkey, China, the Czech Republic, Austria, Hungary, France and Slovakia lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +25.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of air conditioning machines without refrigeration unit to Romania, comprising 34% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by Poland, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.9% per year) and Poland (+2.4% per year).

Import Prices by Country

The average import price for air conditioning machines without refrigeration unit stood at $X per unit in 2022, which is down by -9.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 38%. As a result, import price reached the peak level of $X per unit, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform