Air Conditioning Machine Market Overview in the United Kingdom
In value terms, air conditioning machine production dropped to $ in 2019 estimated in export prices. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by % y-o-y. Air conditioning machine production peaked at $ in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.
The size of the air conditioning machine market in the UK dropped to $ in 2019, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of % year-to-year. Over the period under review, the market reached the peak level at $ in 2018, and then fell in the following year.