The forecast for China's import of air conditioners without a refrigerating unit shows a notable decreasing trend from 2024 to 2028. The volume in 2023 was higher than the projected 580.07 thousand kilograms in 2024. Year-on-year decreases are 16.28% from 2024 to 2025, 19.05% from 2025 to 2026, 23.07% from 2026 to 2027, and 29.41% from 2027 to 2028. This represents a substantial average contraction (CAGR) annually over these forecast years as imports sharply decline.
Future trends to watch for include:
- Shifts in energy policy in China, possibly affecting demand for this product type.
- Technological advancements leading to domestic production capabilities potentially reducing import needs further.
- Changes in consumer preferences towards more energy-efficient and environmentally friendly models.