Italy: Air Conditioning Machine Market 2022

Air Conditioning Machine Market Size in Italy

For the fourth consecutive year, the Italian air conditioning machine market recorded growth in sales value, which increased by X% to $X in 2021. In general, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2015 indices. Air conditioning machine consumption peaked in 2021 and is expected to retain growth in years to come.

Air Conditioning Machine Production in Italy

In value terms, air conditioning machine production fell slightly to $X in 2021 estimated in export price. Over the period under review, the total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then shrank slightly in the following year.

Air Conditioning Machine Exports

Exports from Italy

In 2021, the amount of air conditioning machines exported from Italy rose remarkably to X tons, growing by X% on the previous year's figure. The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, air conditioning machine exports surged to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Germany (X tons) and Spain (X tons) were the main destinations of air conditioning machine exports from Italy, with a combined X% share of total exports. These countries were followed by the Netherlands, Belgium, Greece, Romania, Slovenia, Hungary, Poland, the UK, Croatia and Switzerland, which together accounted for a further X 2012 to 2021, the biggest increases were in Belgium (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Spain ($X) appeared to be the largest markets for air conditioning machine exported from Italy worldwide, together comprising X% of total exports. The Netherlands, Belgium, Slovenia, Romania, Greece, the UK, Switzerland, Poland, Hungary and Croatia lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Belgium, with a CAGR of +X%, saw the highest growth rate of 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

In 2021, the average air conditioning machine export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2021, the highest price was recorded for prices to Switzerland ($X per ton) and the UK ($X per ton), while the average price for exports to Spain ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Air Conditioning Machine Imports

Imports into Italy

In 2021, the amount of air conditioning machines imported into Italy soared to X tons, rising by X% against the previous year. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, air conditioning machine imports soared to $X in 2021. In general, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest air conditioning machine supplier to Italy, accounting for a X% share of total imports. Moreover, air conditioning machine imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), sixfold. The third position in this ranking was held by Turkey (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Turkey (+X% per year).

In value terms, China ($X) constituted the largest supplier of air conditioning machine to Italy, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Turkey (+X% per year).

Import Prices by Country

The average air conditioning machine import price stood at $X per ton in 2021, rising by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Kaynak: IndexBox Platformu