With its excellent performance, the market of rotary compressor sets off a good start in 2018. The monthly sales have broken 20 million for the first time, restoring the confidence of air conditioning compressor market.
According to ChinaIOL, the production of rotary compressor has reached 18,772,000 sets in the January of 2018, up by 41.25% compared with the same period of last year and up by 3.74% compared with the same period of last month. The sales have reached 20,177,000 sets, up by 36.26% compared with the same period of last year and up by 17.98% compared with the same period of last month. The inventory has gone down by 10.29% compared with the same period of last year, and the month-on-month rate is down by 17.21%.
As for performance, Samsung, Highly and GMCC are quite good. Depending on export, Samsung’s sales grow rapidly, up by 50% compared with the same period of last month.
As for production scheduling, due to the Spring Festival, there is an obvious decline. However, there is a little growth compared with same period of last year. According to ChinaIOL, the total inventory is 35,425,000 sets till the end of December, 2017. And the channel inventory is 24,460,000 sets, the same level with that of 2015. Therefore, the inventory and production trend are of great importance after Spring Festival, which likely to determine the development of the whole industry in 2018.
As far as we are concerned, the demands of downstream companies are still very strong. Distributors are preparing products for the coming peak season. As a result, varied compressor companies are very confident for the coming peak season.