Which Country Exports the Most Air Conditioning Machines in the World?

IndexBox has just published a new report "World: Air Conditioning Machines - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

Global air conditioning imports totaled 6.3M tonnes in 2016, surging by 5% against the previous year figure. The total import volume increased at an average annual rate of +1.2% over the period from 2007 to 2016- the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2010, when import increased by 12% from the previous year level. Over the period under review, global air conditioning imports reached its maximum volume in 2016, and are expected to retain its growth in the near future.

In value terms, air conditioning imports totaled $41B in 2016. The total import value increased at an average annual rate of +2.6% over the period from 2007 to 2016- the trend pattern indicated some noticeable fluctuations in certain years. Global air conditioning import peaked of $42B in 2014- however, from 2015 to 2016, it failed to regain its strength.

Top Air Conditioning Importing Countries in the World

1. USA (7.3 billion USD)

2. Japan (2.2 billion USD)

3. Germany (1.9 billion USD)

4. Italy (1.4 billion USD)

5. Saudi Arabia (1.3 billion USD)

6. Spain (1.2 billion USD)

7. Mexico (1.1 billion USD)

8. China (0.7 billion USD)

9. Czech Republic (0.6 billion USD)

10. South Korea (0.5 billion USD)

11. Thailand (0.4 billion USD)

12. Malaysia (0.3 billion USD)

Air Conditioning Imports By Country

In 2016, China (1.2M tonnes), distantly followed by the U.S. (545K tonnes), Mexico (515K tonnes), and Thailand (382K tonnes) were the major importers of air conditioning, together committing 42% of total imports. Saudi Arabia (237K tonnes), Japan (204K tonnes), South Korea (165K tonnes), Czech Republic (143K tonnes), Malaysia (141K tonnes), Italy (140K tonnes), Germany (128K tonnes), and Spain (116K tonnes) followed a long way behind this figure.

China experienced a relatively flat trend pattern. At the same time, Saudi Arabia (+11.5%), the U.S. (+3.3%), Japan (+3.1%), Czech Republic (+2.1%), Mexico (+2.0%), South Korea (+1.6%), and Malaysia (+1.5%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest growing importer/exporter in the world, with a CAGR of +11.5% from 2007-2016. Thailand, and Germany experienced a relatively flat trend pattern. By contrast, Italy (-1.8%), and Spain (-2.7%) illustrated a downward trend over the same period. The U.S. (-2.2%), and Saudi Arabia (-2.3%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($7.3B) constitutes the largest market for imported air conditioning worldwide, making up 18% of global imports. The second position in the ranking was occupied by Japan ($2.2B), with the share of 5% of global imports. It was followed by Germany, with the share of 5%.

In the U.S., air conditioning imports stood at an average annual rate of +6.9% over the period from 2007-2016. The remaining importing countries recorded the following average annual rates: Japan (+4.7% per year) and Germany (-0.4% per year).

Air Conditioning Import Prices By Country

In 2016, the average import price for air conditioning amounted to $6,434 per tonne, remaining relatively unchanged against the previous year level. Over the last nine years it increased at an average annual rate of +1.3%.The growth pace was the most rapid in 2011, when import price increased by 8% y-o-y. Global air conditioning import peaked of $6,964 per tonne in 2014- however, from 2015 to 2016, it failed to regain its strength.

Import prices varied noticeably by country of destination. the country with the highest import prices was Germany ($15 per kg), while China ($600 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of air conditioning import prices was attained by Thailand (+6.8% 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