Over the period from 2013 to 2023, the import of parts for air conditioners to Australia shows a notable overall upward trend, starting at 505.34 million USD in 2013 and reaching 745.33 million USD by 2023. Year-on-year variations were significant, with notable declines in 2014 (-6.82%) and 2020 (-13.84%), contrasted by considerable increases in 2018 (20.73%) and 2021 (24.82%). The last five-year CAGR up to 2023 stood at 2.56%, indicating steady growth.
From 2024 onwards, forecasts suggest a sustained upward trajectory, with year-on-year growth rates averaging between 2.38% and 3.22%, and the import value projected to reach 866.95 million USD by 2028.
Future trends to watch for include potential impacts from technological advancements in air conditioning efficiency, evolving environmental regulations, and changes in global trade dynamics, which could further influence the import landscape.
