MERCOSUR: Air Conditioning Machine Market 2024

Air Conditioning Machine Market Size in MERCOSUR

In 2022, the MERCOSUR air conditioning machine market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. Overall, consumption continues to indicate a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Air Conditioning Machine Production in MERCOSUR

In value terms, air conditioning machine production declined to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Air Conditioning Machine Exports

Exports in MERCOSUR

In 2022, overseas shipments of non-window or wall air conditioning machines increased by X% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, air conditioning machine exports soared to $X in 2022. Overall, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Argentina represented the key exporting country with an export of about X units, which resulted at X% of total exports. Suriname (X units) ranks second in terms of the total exports with a X% share, followed by Brazil (X%) and Colombia (X%). Peru (X units) followed a long way behind the leaders.

Argentina was also the fastest-growing in terms of the non-window or wall air conditioning machines exports, with a CAGR of X% from 2012 to 2022. At the same time, Peru (X%), Colombia (X%), Suriname (X%) and Brazil (X%) displayed positive paces of growth. While the share of Argentina (X p.p.), Colombia (X p.p.) and Peru (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Suriname (X p.p.) and Brazil (X p.p.) displayed negative dynamics.

In value terms, the largest air conditioning machine supplying countries in MERCOSUR were Brazil ($X), Colombia ($X) and Argentina ($X), together comprising X% of total exports. Peru and Suriname lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Peru, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, dropping by X% against the previous year. In general, the export price showed a dramatic decrease. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Suriname ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced a decline in the export price figures.

Air Conditioning Machine Imports

Imports in MERCOSUR

In 2022, after four years of decline, there was significant growth in overseas purchases of non-window or wall air conditioning machines, when their volume increased by X% to X units. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, air conditioning machine imports soared to $X in 2022. In general, imports, however, recorded a abrupt decrease. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Paraguay represented the major importer of non-window or wall air conditioning machines in MERCOSUR, with the volume of imports finishing at X units, which was approx. X% of total imports in 2022. Brazil (X units) ranks second in terms of the total imports with a X% share, followed by Chile (X%). The following importers - Argentina (X units), Peru (X units) and Venezuela (X units) - together made up X% of total imports.

Paraguay 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, Peru (X%), Brazil (X%), Chile (X%), Venezuela (X%) and Argentina (X%) displayed positive paces of growth. While the share of Paraguay (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Venezuela (X p.p.), Chile (X p.p.), Argentina (X p.p.) and Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Chile ($X) and Argentina ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Peru, Venezuela and Paraguay lagged somewhat behind, together accounting for a further X%.

Paraguay, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per unit), while Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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