Romania: Air Conditioning Machine Market 2025

Air Conditioning Machine Market Size in Romania

For the third year in a row, the Romanian air conditioning machine market recorded growth in sales value, which increased by 13% to $X in 2022. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Air conditioning machine consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Air Conditioning Machine Exports

Exports from Romania

For the third year in a row, Romania recorded growth in overseas shipments of non-window or wall air conditioning machines, which increased by 70% to X units in 2022. In general, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 82%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, air conditioning machine exports soared to $X in 2022. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by 123% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Bulgaria (X units) was the main destination for air conditioning machine exports from Romania, accounting for a 33% share of total exports. Moreover, air conditioning machine exports to Bulgaria exceeded the volume sent to the second major destination, Moldova (X units), threefold. Greece (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bulgaria stood at +10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+53.2% per year) and Greece (+15.6% per year).

In value terms, Bulgaria ($X) remains the key foreign market for non-window or wall air conditioning machines exports from Romania, comprising 26% of total exports. The second position in the ranking was held by Lithuania ($X), with an 11% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bulgaria amounted to +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+127.7% per year) and Germany (+39.4% per year).

Export Prices by Country

The average air conditioning machine export price stood at $X per unit in 2022, shrinking by -13% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, air conditioning machine export price decreased by -19.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 97% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while the average price for exports to Hungary ($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 Lithuania (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Air Conditioning Machine Imports

Imports into Romania

In 2022, the amount of non-window or wall air conditioning machines imported into Romania skyrocketed to X units, growing by 17% compared with the previous year. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 24%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, air conditioning machine imports soared to $X in 2022. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.7% 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 +52.8% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 34%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Italy (X units) constituted the largest air conditioning machine supplier to Romania, with a 34% share of total imports. Moreover, air conditioning machine imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by Germany (X units), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.6% per year) and Germany (+1.2% per year).

In value terms, China ($X), Italy ($X) and Germany ($X) were the largest air conditioning machine suppliers to Romania, together comprising 64% of total imports. The Netherlands, France, Turkey, Poland, Hungary and Greece lagged somewhat behind, together comprising a further 22%.

Turkey, with a CAGR of +21.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average air conditioning machine import price amounted to $X per unit, growing by 11% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, air conditioning machine import price increased by +68.0% against 2015 indices. The pace of growth was the most pronounced in 2021 an increase of 24%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform