Benelux: Air Conditioning Machine Market 2024

Air Conditioning Machine Market Size in Benelux

The Benelux air conditioning machine market declined to $X in 2022, with a decrease of X% against the previous year. In general, consumption showed a deep downturn. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Air Conditioning Machine Production in Benelux

In value terms, air conditioning machine production rose modestly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt contraction. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Air Conditioning Machine Exports

Exports in Benelux

For the third year in a row, Benelux recorded growth in shipments abroad of non-window or wall air conditioning machines, which increased by X% to X units in 2022. In general, exports saw buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, air conditioning machine exports reduced to $X in 2022. Over the period under review, exports saw a tangible increase. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

The Netherlands represented the key exporter of non-window or wall air conditioning machines in Benelux, with the volume of exports recording X units, which was approx. X% of total exports in 2022. It was distantly followed by Belgium (X units), committing a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to air conditioning machine exports from the Netherlands stood at X%. At the same time, Belgium (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. While the share of Belgium (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest air conditioning machine supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands stood at X%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Air Conditioning Machine Imports

Imports in Benelux

After three years of growth, overseas purchases of non-window or wall air conditioning machines decreased by X% to X units in 2022. Overall, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then fell significantly in the following year.

In value terms, air conditioning machine imports dropped remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. The level of import peaked at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

The Netherlands was the main importer of non-window or wall air conditioning machines in Benelux, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. It was distantly followed by Belgium (X units), mixing up a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the non-window or wall air conditioning machines imports, with a CAGR of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. From 2012 to 2022, the share of the Netherlands increased by X percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported non-window or wall air conditioning machines in Benelux, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports.

In the Netherlands, air conditioning machine imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price saw a noticeable downturn. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform

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