Russian Federation: Market for Air Conditioning Machines For Motor Vehicles 2024

Market Size for Air Conditioning Machines For Motor Vehicles in the Russian Federation

The Russian market for air conditioning machines for motor vehicles rose remarkably to $X in 2022, picking up by 6.2% against the previous year. In general, consumption, however, recorded buoyant growth. Motor vehicle air conditioning machine consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Air Conditioning Machines For Motor Vehicles in the Russian Federation

In value terms, motor vehicle air conditioning machine production expanded notably to $X in 2022 estimated in export price. Overall, production, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 43%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Air Conditioning Machines For Motor Vehicles

Exports from the Russian Federation

In 2022, approx. X units of air conditioning machines for motor vehicles were exported from Russia; with a decrease of -17.2% against the previous year. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, motor vehicle air conditioning machine exports dropped to $X in 2022. In general, exports recorded a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 45% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Belarus (X units), Ukraine (X units) and Kazakhstan (X units) were the main destinations of motor vehicle air conditioning machine exports from Russia, together comprising 100% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of +21.4%), while the other leaders experienced a decline.

In value terms, Ukraine ($X) emerged as the key foreign market for air conditioning machines for motor vehicles exports from Russia, comprising 57% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ukraine totaled +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+24.2% per year) and Belarus (-19.4% per year).

Export Prices by Country

In 2022, the average export price for air conditioning machines for motor vehicles amounted to $X per unit, increasing by 2.8% against the previous year. Over the period under review, the export price saw prominent growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 80%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Belarus ($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 Ukraine (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Air Conditioning Machines For Motor Vehicles

Imports into the Russian Federation

Motor vehicle air conditioning machine imports into Russia shrank to X units in 2022, with a decrease of -4.1% on 2021 figures. Overall, imports recorded a pronounced descent. The growth pace was the most rapid in 2019 when imports increased by 22%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, motor vehicle air conditioning machine imports contracted modestly to $X in 2022. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Czech Republic (X units) constituted the largest supplier of motor vehicle air conditioning machine to Russia, with a 66% share of total imports. Moreover, motor vehicle air conditioning machine imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Japan (X units), eightfold. The third position in this ranking was held by Germany (X units), with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic amounted to +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+31.7% per year) and Germany (-8.6% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of air conditioning machines for motor vehicles to Russia, comprising 58% of total imports. The second position in the ranking was taken by China ($X), with an 18% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Czech Republic totaled -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+32.6% per year) and Germany (-11.9% per year).

Import Prices by Country

The average import price for air conditioning machines for motor vehicles stood at $X per unit in 2022, almost unchanged from the previous year. In general, the import price, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2020 an increase of 17%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 China ($X per unit), while the price for Thailand ($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 (+22.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :