In 2023, China dominated the global export market for air conditioners without refrigerating units, holding a substantial 78.16% share, despite a slight decrease of 0.39% from previous years. Singapore and Mexico followed with much smaller shares of 5.87% and 1.25%, respectively. Notably, the United States experienced a significant decline of 21.61%. Smaller countries like Belarus and New Zealand saw substantial growth at 28.17% and 8.03% respectively, indicating their increasing participation in the market.
Looking ahead, trends to watch include potential growth in emerging markets like India and the Philippines, which showed positive growth rates. Furthermore, continued geopolitical shifts and changes in trade policies could influence these export shares, particularly for established players like China and the United States.
Top countries in Export of Air Conditioners without Refrigerating Unit Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 78.16 | 2023 | +3.09% | -0.39% | View data |
| 2 | 2 Singapore | 5.87 | 2023 | +5.83% | +0.89% | View data |
| 3 | 3 Mexico | 1.25 | 2023 | -3.63% | -2.41% | View data |
| 4 | 4 Canada | 0.86 | 2023 | +1.88% | -3.54% | View data |
| 5 | 5 United States | 0.68 | 2023 | -28.35% | -21.61% | View data |
| 6 | 6 India | 0.39 | 2023 | +1.47% | +7.78% | View data |
| 7 | 7 Russia | 0.13 | 2023 | +4.94% | +6.27% | View data |
| 8 | 8 New Zealand | 0.11 | 2023 | +5.36% | +8.03% | View data |
| 9 | 9 Belarus | 0.077 | 2023 | +4.45% | +28.17% | View data |
| 10 | 10 Switzerland | 0.071 | 2023 | -6.57% | +1.62% | View data |
