Air-conditioner Motor Exports In January Reached 6.81 Million Units, A Record High In The Same Period

- Nov 06, 2018-

Air-conditioner motor exports in January reached 6.81 million units, a record high in the same period

In January 2016, the total production and sales volume of China's air-conditioning motor industry was 22.97 million units, down 2.9% year-on-year and 14.1% quarter-on-quarter. Among them, domestic sales of 16.16 million units, down 8.2% year-on-year, exports 6.81 million units, an increase of 12.5%. In fiscal 2016, the total number was 22.97 million units, down 2.9% year-on-year; in 2016, the cumulative number of cold years was 102.48 million units, down 19.6% year-on-year.

Domestic sales: The sales volume of air-conditioning motors this month was 16.16 million units, down 8.2% year-on-year, and the decline was 5.2 percentage points lower than the previous month. The domestic market of air-conditioner motors has been plagued by high inventory in the whole machine industry and a downturn in the terminal market, which has continued to decline in the 2016 year. However, due to the impact of reserve production during the Spring Festival holiday and the peak season of air-conditioning exports, the orders of motor companies in January were relatively full, and the decline was narrowed year-on-year. In 2016, it was a year in which the air-conditioning industry substantially digested its inventories, which undoubtedly launched a more serious challenge to the survival of motor companies.

Exports: The export volume of air-conditioner motors this month was 6.81 million units, a record high for the same period of the previous year and a year-on-year growth of 12.5%. The performance of air-conditioning motors this month is quite eye-catching. Under the premise of high base in the same period last year, double-digit growth can still be achieved. From the perspective of exporting countries, the major exporting countries are the United States, Thailand, India, Japan, and Malaysia. The combined share of the five countries reached 70%, a decrease of 4.4 percentage points from the same period last year. From the point of view of export enterprises, the export volume of most enterprises in the industry online monitoring in January has achieved positive growth compared with the same period last year. The export volume of Welling, Ocean, Shibaura, Panasonic and Wolong still occupies the top five, with a total share of over 80%. Shibaura's differentiation strategy and Wolong's internationalization strategy have achieved remarkable results. The export performance of the two companies is in a situation of so severe industry situation, and the cumulative export volume in 2016 has achieved positive growth.

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