United Kingdom - Air Conditioning Machines - Market Analysis, Forecast, Size, Trends and Insights

United Kingdom: Air Conditioning Machine Market Overview 2020

Air Conditioning Machine Market Size in the UK

The revenue of the air conditioning machine market in the UK amounted to $X in 2018, surging by X% against the previous year. Overall, the total market indicated a remarkable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, air conditioning machine consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, the air conditioning machine market attained its peak figure level in 2018 and is likely to continue its growth in the near future.

Air Conditioning Machine Production in the UK

In value terms, air conditioning machine production amounted to $X in 2018 estimated in export prices. Over the period under review, air conditioning machine production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when production volume increased by X% year-to-year. Air conditioning machine production peaked at $X in 2008; however, from 2009 to 2018, production remained at a lower figure.

Air Conditioning Machine Exports

Exports from the UK

In 2018, the air conditioning machine exports from the UK totaled X units, falling by -X% against the previous year. Over the period under review, air conditioning machine exports continue to indicate a drastic reduction. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Exports peaked at X units in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

In value terms, air conditioning machine exports amounted to $X in 2018. Overall, air conditioning machine exports continue to indicate a mild decline. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

France (X units) was the main destination for air conditioning machine exports from the UK, with a X% share of total exports. Moreover, air conditioning machine exports to France exceeded the volume sent to the second major destination, Germany (X units), threefold. Sweden (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to France stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Sweden (+X% per year).

In value terms, the U.S. ($X), Spain ($X) and France ($X) were the largest markets for air conditioning machine exported from the UK worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, the U.S. experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2018, the average air conditioning machine export price amounted to $X per unit, surging by X% against the previous year. In general, the air conditioning machine export price continues to indicate strong growth. The growth pace was the most rapid in 2009 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for air conditioning machines reached their maximum in 2018 and is likely to see steady growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Air Conditioning Machine Imports

Imports into the UK

In 2018, the air conditioning machine imports into the UK amounted to X units, jumping by X% against the previous year. In general, air conditioning machine imports continue to indicate a mild expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, air conditioning machine imports stood at $X in 2018. Overall, air conditioning machine imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, air conditioning machine imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

China (X units), Thailand (X units) and Germany (X units) were the main suppliers of air conditioning machine imports to the UK.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Romania (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest air conditioning machine suppliers to the UK were the U.S. ($X), Thailand ($X) and Italy ($X experienced the highest growth rate of imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average air conditioning machine import price amounted to $X per unit, declining by -X% against the previous year. In general, the air conditioning machine import price continues to indicate a measured descent. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for air conditioning machines reached their peak figure at $X per unit in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform