Turkey: Market for Air Conditioning Machines For Motor Vehicles 2024

Market Size for Air Conditioning Machines For Motor Vehicles in Turkey

In 2022, the Turkish market for air conditioning machines for motor vehicles was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption enjoyed modest growth. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Air Conditioning Machines For Motor Vehicles in Turkey

In value terms, motor vehicle air conditioning machine production fell to $X in 2022 estimated in export price. Overall, production saw strong growth. The pace of growth appeared the most rapid in 2016 with an increase of 78% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Air Conditioning Machines For Motor Vehicles

Exports from Turkey

In 2022, shipments abroad of air conditioning machines for motor vehicles increased by 4.5% to X units, rising for the second year in a row after two years of decline. In general, exports posted a strong increase. The pace of growth was the most pronounced in 2018 with an increase of 82% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, motor vehicle air conditioning machine exports expanded significantly to $X in 2022. Over the period under review, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2018 when exports increased by 67%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Romania (X units), the Netherlands (X units) and Iran (X units) were the main destinations of motor vehicle air conditioning machine exports from Turkey, with a combined 55% share of total exports. Morocco, Germany, the United Arab Emirates, France, South Korea, Ukraine, Belarus, Uzbekistan, Argentina and Poland lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Argentina (with a CAGR of +134.4%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Romania ($X) and Iran ($X) appeared to be the largest markets for motor vehicle air conditioning machine exported from Turkey worldwide, with a combined 57% share of total exports. The United Arab Emirates, Ukraine, Germany, France, Belarus, Morocco, Uzbekistan, South Korea, Argentina and Poland lagged somewhat behind, together accounting for a further 29%.

In terms of the main countries of destination, Argentina, with a CAGR of +160.0%, saw 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 for motor vehicles stood at $X per unit in 2022, with an increase of 7.5% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 17% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to South Korea ($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 Argentina (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Air Conditioning Machines For Motor Vehicles

Imports into Turkey

In 2022, overseas purchases of air conditioning machines for motor vehicles increased by 50% to X units, rising for the second consecutive year after two years of decline. In general, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +8.4% 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 +73.2% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of 50%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, motor vehicle air conditioning machine imports surged to $X in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Italy (X units) and Germany (X units) were the main suppliers of motor vehicle air conditioning machine imports to Turkey, with a combined 68% share of total imports. These countries were followed by the United States, the Czech Republic, South Korea, Poland, Spain and Romania, which together accounted for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +54.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest motor vehicle air conditioning machine suppliers to Turkey were Italy ($X), China ($X) and Germany ($X), with a combined 64% share of total imports. The United States, the Czech Republic, Poland, South Korea, Spain and Romania lagged somewhat behind, together accounting for a further 25%.

The United States, with a CAGR of +49.3%, saw the highest growth rate of 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 import price for air conditioning machines for motor vehicles amounted to $X per unit, dropping by -11.2% against the previous year. Over the period under review, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in 2016 an increase of 22% against the previous year. 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 Spain ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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