United Kingdom: 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 the UK

The UK market for window or wall air conditioning systems, self-contained or split-systems fell to $X in 2022, with a decrease of -9.5% against the previous year. Overall, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +9.5% against 2020 indices. Over the period under review, the market hit record highs at $X in 2021, and then fell in the following year.

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

In value terms, production of window or wall air conditioning systems, self-contained or split-systems reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 15%. Production of peaked 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 the UK

In 2022, overseas shipments of window or wall air conditioning systems, self-contained or split-systems increased by 38% to X units, rising for the third year in a row after two years of decline. In general, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 73% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems reached $X in 2022. Over the period under review, exports showed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 111% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Ireland (X units), Germany (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 the UK, together comprising 54% of total exports. France, Hong Kong SAR, the United Arab Emirates, Italy, the United States, Belgium, Oman, Gibraltar, Libya and Singapore lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +39.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest markets for window, wall, or split air conditioning system exported from the UK worldwide, with a combined 54% share of total exports. France, Hong Kong SAR, the United Arab Emirates, Italy, the United States, Belgium, Oman, Gibraltar, Libya and Singapore lagged somewhat behind, together accounting for a further 30%.

Among the main countries of destination, Belgium, with a CAGR of +39.3%, recorded 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 window or wall air conditioning systems, self-contained or split-systems stood at $X per unit in 2022, waning by -22.5% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 33% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Oman ($X per unit) and the United Arab Emirates ($X per unit), while the average price for exports to Singapore ($X per unit) and Libya ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+0.1%), 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 the UK

In 2022, supplies from abroad of window or wall air conditioning systems, self-contained or split-systems increased by 11% to X units, rising for the second year in a row after three years of decline. Overall, imports recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 240%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems stood at $X in 2022. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 163% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X units), Thailand (X units) and Spain (X units) were the main suppliers of imports of window or wall air conditioning systems, self-contained or split-systems to the UK, together comprising 79% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +66.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and Spain ($X) were the largest window, wall, or split air conditioning system suppliers to the UK, with a combined 79% share of total imports.

Spain, with a CAGR of +64.7%, 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

The average import price for window or wall air conditioning systems, self-contained or split-systems stood at $X per unit in 2022, reducing by -9.2% against the previous year. Overall, the import price recorded a mild downturn. The growth pace was the most rapid in 2018 an increase of 22%. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($X per unit) and Spain ($X per unit), while the price for the Netherlands ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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