Southern Asia: Air Conditioner Market 2020

Air Conditioner Market Size in Southern Asia

The revenue of the air conditioner market in Southern Asia amounted to $X in 2017, rising by X% against the previous year. The air conditioner consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when market value increased by X% against the previous year. Over the period under review, the air conditioner market reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Air Conditioner Production in Southern Asia

In 2017, approx. X units of air conditioning machines with refrigeration unit were produced in Southern Asia; growing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2009, with an increase of X% y-o-y. Over the period under review, the air conditioner production reached its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Air Conditioner Exports in Southern Asia

In 2017, the amount of air conditioning machines with refrigeration unit exported in Southern Asia stood at X units, coming up by X% against the previous year. The air conditioner exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. Over the period under review, the air conditioner exports attained its peak figure volume of X units in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, air conditioner exports stood at $X in 2017. The air conditioner exports continue to indicate an abrupt decline. Over the period under review, the air conditioner exports attained its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Air Conditioner Exports by Country in Southern Asia

The exports of the one major exporters of air conditioning machines with refrigeration unit, namely India, represented more than two-thirds of total export.

India was also the fastest growing in terms of the air conditioning machines with refrigeration unit exports, with a CAGR of -X% from 2007 to 2017. While the share of India (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest air conditioner supplier in Southern Asia.

In India, air conditioner exports plunged by an average annual rate of -X% over the period from 2007-2017.

Air Conditioner Export Prices by Country in Southern Asia

The air conditioner export price in Southern Asia stood at $X thousand per unit in 2017, rising by X% against the previous year. The air conditioner export price continues to indicate an abrupt decrease. The pace of growth appeared the most rapid in 2010, when it surged by X% against the previous year. Over the period under review, the export prices for air conditioning machines with refrigeration unit attained its maximum level of $X thousand per unit in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for India.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (-X% per year).

Air Conditioner Imports in Southern Asia

In 2017, approx. X units of air conditioning machines with refrigeration unit were imported in Southern Asia; going up by X% against the previous year. The air conditioner imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2016, when it surged by X% against the previous year. Over the period under review, the air conditioner imports reached its maximum volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, air conditioner imports amounted to $X in 2017. The air conditioner imports continue to indicate an abrupt downturn. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Air Conditioner Imports by Country in Southern Asia

Bangladesh was the key importing country with an import of about X units, which finished at X% of total imports. It was distantly followed by India (X units) and Pakistan (X units), together making up X% share of total imports. Sri Lanka (X units) and Maldives (X units) took the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Sri Lanka (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest air conditioner markets worldwide were Bangladesh ($X), India ($X) and Pakistan ($X), together comprising X% of total imports. Sri Lanka and Maldives lagged somewhat behind, together comprising a further X%.

Sri Lanka (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Air Conditioner Import Prices by Country in Southern Asia

The air conditioner import price in Southern Asia stood at $X per unit in 2017, coming down by -X% against the previous year. The air conditioner import price continues to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2012, when the import prices increased by X% year-to-year. In that year, the import prices for air conditioning machines with refrigeration unit reached their peak level of $X thousand per unit. From 2013 to 2017, growth of the import prices for air conditioning machines with refrigeration unit stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Pakistan ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Maldives (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform