Which Country Exports the Most Air Conditioning Machines in the World?
Other General-Purpose Machinery May 28, 2018
In 2016, approx. 3.6M tonnes of air conditioning were exported worldwide; ascending by 15% against the previous year level. The total export volume increased at an average annual rate of +2.9% from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2010, when export increased by 26% y-o-y. Over the period under review, global air conditioning exports reached its maximum volume in 2016, and are expected to retain its growth in the immediate term.
In value terms, air conditioning exports amounted to $41B in 2016. The total export value increased at an average annual rate of +2.9% over the period from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, global air conditioning exports reached its maximum level of $43B in 2014; however, from 2015 to 2016, it failed to regain its strength.
Top Air Conditioning Exporting Countries in the World
1. China (13.1 billion USD)
2. Thailand (4.8 billion USD)
3. Mexico (3.1 billion USD)
4. USA (2.7 billion USD)
5. Czech Republic (1.8 billion USD)
6. Germany (1.6 billion USD)
7. Italy (1.4 billion USD)
8. South Korea (1.4 billion USD)
9. Malaysia (1.3 billion USD)
10. Japan (1.2 billion USD)
11. Belgium (0.9 billion USD)
12. United Arab Emirates (0.3 billion USD)
Air Conditioning Exports By Country
In 2016, China (1.2M tonnes) represented the major exporter for air conditioning, mixed up 33% of total exports. Mexico (515K tonnes) occupied a 14% share (based on tonnes) of global air conditioning exports, which put it in second place, following Thailand (11%), and the U.S. (5%). Czech Republic (143K tonnes), Italy (118K tonnes), Malaysia (116K tonnes), South Korea (114K tonnes), Germany (101K tonnes), Japan (71K tonnes), Belgium (65K tonnes), and United Arab Emirates (62K tonnes) held the mild share of total exports.
From 2007 to 2016, average annual rates of growth with regard to air conditioning exports from China stood at +4.1%. At the same time, Mexico (+18.8%), Czech Republic (+7.9%), United Arab Emirates (+4.2%), Belgium (+3.9%), Thailand (+3.1%), Germany (+2.1%), and the U.S. (+1.2%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest growing importer/exporter in the world, with a CAGR of +18.8% from 2007-2016. Malaysia experienced a relatively flat trend pattern. By contrast, South Korea (-2.5%), Italy (-2.6%), and Japan (-3.8%) illustrated a downward trend over the same period. While the share of Czech Republic (-2.0%), Thailand (-2.5%), China (-10.0%), and Mexico (-11.1%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($13B) remains the largest air conditioning supplier in the world, making up 32% of global exports. The second position in the ranking was occupied by Thailand ($4.8B), with the share of 12% of global exports. It was followed by Mexico, with the share of 8%.
In China, air conditioning exports expanded at an average annual rate of +5.3% over the period from 2007-2016. The remaining exporting countries recorded the following average annual rates: Thailand (+4.7% per year) and Mexico (+10.3% per year).
Air Conditioning Export Prices By Country
The average air conditioning export price stood at $11 per kg in 2016, waning by -9.2% against the previous year. Overall, air conditioning export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when export price increased by 10% year-to-year. Global air conditioning export peaked of $13 per kg in 2013; however, from 2014 to 2016, it stood at a somewhat lower level.
There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Japan ($17 per kg), while United Arab Emirates ($5,171 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of air conditioning export prices was attained by South Korea (+4.2% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global air conditioning market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- air conditioning market share
- air conditioning prices
- air conditioning industry
- air conditioning sales
- air conditioning import
- air conditioning export
- air conditioning market forecast
- air conditioning price forecast
- key air conditioning producers
All data provided in this article covers the following product: HS Code 8415 - Air conditioning machines; comprising a motor driven fan and elements for changing the temperature and humidity, including those machines in which the humidity cannot be separately regulated.
Source: World: Air Conditioning Machines - Market Report. Analysis and Forecast to 2025
