Asia: Air Conditioner Market 2020

Air Conditioner Market Size in Asia

The revenue of the air conditioner market in Asia amounted to $X in 2017, declining by -X% against the previous year. The total market indicated a noticeable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the air conditioner consumption decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2011, when market value increased by X% against the previous year. The level of air conditioner consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Air Conditioner Production in Asia

In 2017, production of air conditioning machines with refrigeration unit in Asia amounted to X units, stabilizing at the previous year. The air conditioner production continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. The volume of air conditioner production peaked in 2017, and is expected to retain its growth in the near future.

Air Conditioner Exports in Asia

In 2017, exports of air conditioning machines with refrigeration unit in Asia stood at X units, dropping by -X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. The volume of exports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, air conditioner exports stood at $X in 2017. The air conditioner exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Air Conditioner Exports by Country in Asia

Thailand represented the major exporting country with an export of around X units, which reached X% of total exports. It was distantly followed by China (X units), committing X% share of total exports. The following exporters - South Korea (X units) and Malaysia (X units) each reached a X% share of total exports.

Thailand experienced a relatively flat trend pattern of air conditioning machines with refrigeration unit exports. At the same time, South Korea (+X%) and China (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, Malaysia (-X%) illustrated a downward trend over the same period. While the share of South Korea (-X%), Thailand (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Thailand ($X) and Malaysia ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Malaysia (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Air Conditioner Export Prices by Country in Asia

In 2017, the air conditioner export price in Asia amounted to $X per unit, reducing by -X% against the previous year. The air conditioner export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, when it surged by X% y-o-y. The level of export price peaked of $X thousand per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Malaysia ($X thousand per unit), while Thailand ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Malaysia (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Air Conditioner Imports in Asia

The imports totaled X units in 2017, approximately equating the previous year. The air conditioner imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when imports increased by X% y-o-y. Over the period under review, the air conditioner imports attained its maximum volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, air conditioner imports amounted to $X in 2017. The air conditioner imports continue to indicate a slight drop. In that year, the air conditioner imports reached their peak level of $X. From 2012 to 2017, growth of the air conditioner imports failed to regain its momentum.

Air Conditioner Imports by Country in Asia

In 2017, China, Hong Kong SAR (X units), distantly followed by Turkey (X units), Japan (X units), Singapore (X units), Indonesia (X units) and Bangladesh (X units) were the major importers of air conditioning machines with refrigeration unit, together creating X% of total imports. The following importers - Thailand (X units), Saudi Arabia (X units), Iran (X units), Kazakhstan (X units), Iraq (X units) and Kuwait (X units) each reached a X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Bangladesh (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China, Hong Kong SAR ($X), Japan ($X) and Kuwait ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Saudi Arabia, Turkey, Indonesia, Iraq, Iran, Thailand, Singapore, Kazakhstan and Bangladesh lagged somewhat behind, together comprising a further X%.

Among the main importing countries , Iraq (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Air Conditioner Import Prices by Country in Asia

In 2017, the air conditioner import price in Asia amounted to $X per unit, falling by -X% against the previous year. The air conditioner import price continues to indicate a mild drop. The growth pace was the most rapid in 2010, an increase of X% year-to-year. In that year, the import prices for air conditioning machines with refrigeration unit reached their peak level of $X per unit. From 2011 to 2017, growth of the import prices for air conditioning machines with refrigeration unit stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Kuwait ($X thousand per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform