Overview of the Global Market for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Market Size for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

For the fifth year in a row, the global market for window or wall air conditioning systems, self-contained or split-systems recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

In value terms, production of window or wall air conditioning systems, self-contained or split-systems stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, global production of attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Exports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Exports

In 2022, approx. X units of window or wall air conditioning systems, self-contained or split-systems were exported worldwide; picking up by X% on the year before. Over the period under review, total exports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the global exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems expanded notably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

China was the major exporter of window or wall air conditioning systems, self-contained or split-systems in the world, with the volume of exports recording X units, which was approx. X% of total exports in 2022. It was distantly followed by Thailand (X units) and Malaysia (X units), together committing a X% share of total exports. The following exporters - the United Arab Emirates (X units) and South Korea (X units) - each amounted to a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to window, wall, or split air conditioning system exports from China stood at X%. At the same time, the United Arab Emirates (X%), Thailand (X%), South Korea (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Thailand (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the global exports, while Malaysia and China saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest window, wall, or split air conditioning system supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Thailand ($X), with a X% share of global exports. It was followed by Malaysia, with a X% share.

In China, exports of window or wall air conditioning systems, self-contained or split-systems increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Malaysia (X% per year).

Export Prices by Country

The average export price for window or wall air conditioning systems, self-contained or split-systems stood at $X per unit in 2022, picking up by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat 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 South Korea ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

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

Imports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Imports

For the third year in a row, the global market recorded growth in supplies from abroad of window or wall air conditioning systems, self-contained or split-systems, which increased by X% to X units in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, global imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems reached $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, global imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the United States (X units), distantly followed by Japan (X units), Saudi Arabia (X units), Russia (X units) and Mexico (X units) represented the key importers of window or wall air conditioning systems, self-contained or split-systems, together making up X% of total imports. The United Arab Emirates (X units), Malaysia (X units), Italy (X units), Iraq (X units), Vietnam (X units), the Philippines (X units), Spain (X units) and Canada (X units) took a little share of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of window or wall air conditioning systems, self-contained or split-systems. At the same time, Spain (X%), Vietnam (X%), the Philippines (X%), Malaysia (X%), Iraq (X%), Italy (X%), Mexico (X%), the United Arab Emirates (X%), Russia (X%), Canada (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. By contrast, Japan (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.), Malaysia (X p.p.), the Philippines (X p.p.) and Spain (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of the United States (X p.p.) and Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Japan ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of global imports. The United Arab Emirates, Italy, Vietnam, Mexico, Iraq, Russia, Spain, Canada, the Philippines and Malaysia lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, recorded 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 global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for window or wall air conditioning systems, self-contained or split-systems amounted to $X per unit, picking up by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Global import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform