EU - Air Conditioning Machines - Market Analysis, Forecast, Size, Trends and Insights
Air Conditioning Machine Market - Total EU Imports of Air Conditioning Machines Languish While Extra-EU Imports Give Way to Domestic Supply
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Despite somewhat noticeable growth, total EU Member States imports on the air conditioning machine market remain far below their pre-crisis levels. Over the last four years, imports of air conditioning machines fluctuated at record lows, amounting to X million EUR in 2015.
France (X%), Germany (X%), Italy, and Spain (X% each) were the largest importers of air conditioning machines among the Member States, together comprising X% of total EU imports. The shares of France (-X percentage points) and Germany (+X percentage points each) illustrated positive dynamics, while Italy (-X percentage points) and Spain (-X percentage points) saw their shares reduced from 2007 to 2015.
The major share of trade has been conducted between the EU Member States over recent years. However, extra-EU imports comprise a perceptible X% of total imports. In 2015, extra-EU imports of air conditioning machines reached X million USD, which was X% more than the year before.
The share of extra-EU imports in terms of the European air conditioning machines consumption declined steadily over the last eight years, standing at X% in 2015. Despite fierce competition from extra-EU imports, especially from Asian countries (China, Thailand, and Japan), European manufacturers have strengthened their position at the domestic market in recent years. The further development of the EU air conditioning machines market is likely to continue being fueled mainly by domestic supply.
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- air conditioning machine market share
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- key air conditioning machine producers
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