Turkey: Market for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems 2024

Market Size for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in Turkey

The Turkish market for window or wall air conditioning systems, self-contained or split-systems reached $X in 2022, surging by 3.9% against the previous year. Over the period under review, consumption posted a resilient increase. 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.

Production of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in Turkey

In value terms, production of window or wall air conditioning systems, self-contained or split-systems expanded notably to $X in 2022 estimated in export price. Over the period under review, production showed a prominent increase. The growth pace was the most rapid in 2018 with an increase of 364% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Exports from Turkey

In 2022, the amount of window or wall air conditioning systems, self-contained or split-systems exported from Turkey surged to X units, with an increase of 21% against the year before. Overall, exports, however, saw a mild decrease. The most prominent rate of growth was recorded in 2019 with an increase of 47% 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, exports of window or wall air conditioning systems, self-contained or split-systems skyrocketed to $X in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 34%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Egypt (X units), Italy (X units) and the Netherlands (X units) were the main destinations of exports of window or wall air conditioning systems, self-contained or split-systems from Turkey, together comprising 42% of total exports. Spain, Poland, Greece, Portugal, Cyprus, Romania, Bosnia and Herzegovina, Serbia, Libya and Russia lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +193.3%), while the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) remains the key foreign market for window or wall air conditioning systems, self-contained or split-systems exports from Turkey, comprising 22% of total exports. The second position in the ranking was taken by Italy ($X), with an 11% share of total exports. It was followed by the Netherlands, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Egypt stood at +137.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+65.3% per year) and the Netherlands (+89.5% per year).

Export Prices by Country

The average export price for window or wall air conditioning systems, self-contained or split-systems stood at $X per unit in 2022, surging by 8.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2013 an increase of 23%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Libya ($X per unit), while the average price for exports to Cyprus ($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 Russia (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Imports into Turkey

In 2022, purchases abroad of window or wall air conditioning systems, self-contained or split-systems increased by 10% to X units, rising for the third year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 77%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems surged to $X in 2022. In general, imports, however, continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2013 with an increase of 45%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of window, wall, or split air conditioning system to Turkey, accounting for a 80% share of total imports. Moreover, imports of window or wall air conditioning systems, self-contained or split-systems from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at +1.4%.

In value terms, China ($X) constituted the largest supplier of window or wall air conditioning systems, self-contained or split-systems to Turkey, comprising 78% of total imports. The second position in the ranking was taken by Thailand ($X), with a 21% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +1.8%.

Import Prices by Country

In 2022, the average import price for window or wall air conditioning systems, self-contained or split-systems amounted to $X per unit, increasing by 13% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 25%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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