Conditioner Compressor's Production and Sales Continue to Decline in October

2018-12-03 16:29:33 admin 6

In October, the rotary compressor industry produced 13.601 million units, a year-on-year decrease of 12.47% and an increase of 0.46% from the previous period; sales reached 12.418 million units, a year-on-year decrease of 12.43% and an increase of 0.46% from the previous period. In October, the rotary compressor market kept sluggish, orders continued to decrease and production slowed. But with the expansion of the export market, the growth rate of production and sales increased slightly. 

From the perspective of the year-on-year growth rate of enterprises, the demand for air-conditioning industry has shrunk , and all compressor companies have been affected. Compared with the same period of last year, most of the sales of compressor enterprises have declined to varying degrees. Only LG and Qingan have shown positive growth. The sales of Qing'an increased by 71.49%. On a month-on-month basis, most of the companies performed better this month than last month, which benefited from the supply of compressors to North America.

According to ChinaIOL, the total inventory of household air-conditioning industry at the end of September has reached 42.04 million units. The air-conditioning production continued to decline in November, mainly due to the poor micro-environment, weak demand and huge inventory pressure. Affected by the downstream, the total compressor production in November was 14.25 million units, a 9.9% decline from the same period last year. In addition, the manufacturers of the whole machine frequently carry out low-cost promotions, which has poor effect on lowering the inventory pressure. In a word, the market prospect is not optimistic.