Global Air Conditioning Machine Market 2022

Air Conditioning Machine Market Size

In 2021, the global air conditioning machine market decreased by -X% to $X, falling for the third year in a row after three years of growth. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the global market remained at a lower figure.

Air Conditioning Machine Production

In value terms, air conditioning machine production expanded significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, global production growth failed to regain momentum.

Production By Country

China (X tons) constituted the country with the largest volume of air conditioning machine production, comprising approx. X% of total volume. Moreover, air conditioning machine production in China exceeded the figures recorded by the second-largest producer, Japan (X tons), fourfold. The third position in this ranking was taken by Thailand (X tons), with a X% share.

In China, air conditioning machine production increased at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Japan (+X% per year) and Thailand (+X% per year).

Air Conditioning Machine Exports

Exports

In 2021, shipments abroad of air conditioning machines increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total exports indicated moderate growth 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. Over the period under review, the global exports hit record highs at X tons in 2018; afterwards, it flattened through to 2021.

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 throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, recording X tons, which was approx. X% of total exports in 2021. It was distantly followed by Thailand (X tons), generating a X% share of total exports. Malaysia (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the air conditioning machines exports, with a CAGR of +X% from 2012 to 2021. Thailand (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. percentage points. Malaysia (-X p.p.) and Thailand (-X p.p.) saw their shares reduced.

In value terms, China ($X) remains the largest air conditioning machine supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Thailand ($X), with a X% share of global exports.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (+X% per year) and Malaysia (-X% per year).

Export Prices by Country

In 2021, the average air conditioning machine export price amounted to $X per ton, which is down by -X% against the previous year. In general, the export price showed a slight shrinkage. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined markedly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+X%), while the other global leaders experienced mixed trends in the export price figures.

Air Conditioning Machine Imports

Imports

In 2021, after two years of decline, there was significant growth in overseas purchases of air conditioning machines, when their volume increased by X% to X tons. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, global imports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, air conditioning machine imports expanded remarkably to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons), followed by Saudi Arabia (X tons) were the key importers of air conditioning machines, together constituting X% of total imports. Japan (X tons), Iraq (X tons), the United Arab Emirates (X tons), Russia (X tons), Vietnam (X tons), Italy (X tons), France (X tons), Indonesia (X tons), Spain (X tons), Mexico (X tons) and Germany (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Vietnam (with a CAGR of +X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest air conditioning machine importing markets worldwide were the United States ($X), Japan ($X) and France ($X), together comprising X% of global imports. Saudi Arabia, Vietnam, Italy, Mexico, Iraq, the United Arab Emirates, Germany, Spain, Russia and Indonesia lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, among 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 air conditioning machine import price stood at $X per ton in 2021, approximately mirroring the previous year. In general, the import price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2020 an increase of X%. Global import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Mexico ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+X%), while the other global leaders experienced mixed trends in the import price figures.

Kaynak: IndexBox Platformu