Overview of the Global Market for Air conditioning Machines without Refrigeration Unit

Market Size for Air conditioning Machines without Refrigeration Unit

The global market for air conditioning machines without refrigeration unit expanded to $X in 2022, growing by 4.4% against the previous year. Overall, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.7% against 2020 indices. Over the period under review, the global market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Air conditioning Machines without Refrigeration Unit

In value terms, production of air conditioning machines without refrigeration unit rose to $X in 2022 estimated in export price. In general, the total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 34% against the previous year. Over the period under review, global production of attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Air conditioning Machines without Refrigeration Unit

Exports

Global exports of air conditioning machines without refrigeration unit expanded to X units in 2022, rising by 3.6% compared with the previous year. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 7.8%. Over the period under review, the global exports of hit record highs at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of air conditioning machines without refrigeration unit rose sharply to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 19%. Over the period under review, the global exports of reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Italy (X units), Germany (X units), China (X units) and the United States (X units), together recording 42% of total export. Sweden (X units) held a 4.9% share (based on physical terms) of total exports, which put it in second place, followed by Canada (4.9%) and Mexico (4.6%). The following exporters - Lithuania (X units), Poland (X units), Turkey (X units), the Netherlands (X units), Spain (X units) and the Czech Republic (X units) - together made up 19% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Mexico (with a CAGR of +17.9%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest air conditioning machins without refrigeration unit supplying countries worldwide were Italy ($X), Germany ($X) and the United States ($X), together comprising 36% of global exports. Sweden, China, Canada, Mexico, Lithuania, the Netherlands, Poland, the Czech Republic, Spain and Turkey lagged somewhat behind, together accounting for a further 39%.

In terms of the main exporting countries, Mexico, with a CAGR of +18.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for air conditioning machines without refrigeration unit amounted to $X per unit, surging by 2.7% against the previous year. Over the period under review, the export price continues to indicate mild growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 10%. The global export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.3%), while the other global leaders experienced more modest paces of growth.

Imports of Air conditioning Machines without Refrigeration Unit

Imports

Global imports of air conditioning machines without refrigeration unit rose markedly to X units in 2022, growing by 11% compared with the previous year. The total import volume increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of air conditioning machines without refrigeration unit expanded sharply to $X in 2022. The total import value increased at an average annual rate of +2.8% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United States (X units), distantly followed by Germany (X units) and France (X units) were the key importers of air conditioning machines without refrigeration unit, together comprising 31% of total imports. The following importers - the UK (X units), Russia (X units), Italy (X units), Canada (X units), the Netherlands (X units), Poland (X units), Lithuania (X units), Norway (X units), Austria (X units) and Indonesia (X units) - together made up 30% of total imports.

Imports into the United States increased at an average annual rate of +11.3% from 2012 to 2022. At the same time, Lithuania (+17.0%), Italy (+11.6%), Germany (+5.5%), Canada (+4.8%), Poland (+4.5%), Norway (+4.5%) and France (+1.1%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing importer imported in the world, with a CAGR of +17.0% from 2012-2022. Indonesia and the UK experienced a relatively flat trend pattern. By contrast, the Netherlands (-1.6%), Austria (-4.2%) and Russia (-6.3%) illustrated a downward trend over the same period. The United States (+11 p.p.), Italy (+2.3 p.p.), Germany (+1.5 p.p.) and Lithuania (+1.5 p.p.) significantly strengthened its position in terms of the global imports, while the UK, the Netherlands, Austria and Russia saw its share reduced by -1.6%, -1.9%, -1.9% and -6.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest air conditioning machins without refrigeration unit importing markets worldwide were the United States ($X), Germany ($X) and the UK ($X), with a combined 27% share of global imports. France, Canada, Russia, Italy, the Netherlands, Norway, Poland, Indonesia, Austria and Lithuania lagged somewhat behind, together accounting for a further 30%.

Indonesia, with a CAGR of +9.4%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for air conditioning machines without refrigeration unit stood at $X per unit in 2022, remaining stable against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 9.1%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per unit), while Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+9.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform