In November 2019, the total output of scroll compressor industry was 263,000 units, up 4.57% year on year and 11.44% month on month. The total sales volume was 265,300 units, up 6.50% year on year and 12.52% month on month. Internal sales volume was 228,500 units, up 7.99% year on year and 14.54% month on month. Exports were 36,800 units, down 1.87% from the same period last year and up 1.44% from the previous month. From January to November 2019, the accumulated output of scroll compressor industry was 3.133 million units, down 10.48% year on year. The cumulative sales volume was 3.164 million units, down 10.32% year-on-year.
In November, the scroll compressor industry continued to maintain a slight warming trend, with steady growth in both production and sales. The domestic and export markets showed different performances this month. The domestic market gradually stabilized and rebounded in the second half of the year after undergoing a deep adjustment in the first half of the year. The growth rate this month expanded. However, the export market experienced a small adjustment. From the perspective of downstream applications, the domestic air-conditioning industry performed well overall in November, with double-digit growth in production level compared with the same period last year. This month, the domestic market sales volume of domestic air-conditioning was flat and slightly increased. During the Double-Eleven period, mainstream enterprises have vigorously promoted sales and started to gradually digest channel inventory. Orders in the export market were stable, achieving single-digit year-on-year growth over the same period last year. In terms of commercial air conditioning, the industry as a whole continued a small growth trend in November. Among them, as a mainstream product, the performance of multi-line air conditioning remained stable this month, with the growth rate slightly higher than the overall average growth level of commercial air conditioning. Among other products, unit machines and household water machines also performed relatively well.
In terms of exports, the export volume of scroll compressors was 36,800 units in November, down 1.87% year on year. Exports were 11.85 million US dollars, down 5.60% year on year. The export unit price was 322 US dollars/unit, down 3.80% year on year. The export market showed a general performance this month. Most mainstream scroll compressor enterprises showed a downward trend, with Emerson and Johnson Hitachi achieving growth compared with the same period last year. In terms of export regions, Brazil, India, France and Thailand are the regions with larger export volume this month, with Brazil and India both showing a downward trend compared with the same period last year, while the regions exporting to France and Thailand show a slight increase. In other regions, markets such as the United States, the United Arab Emirates and Israel also increased compared with the same period last year. In the same period last year, Italy, Singapore and other markets with fair export performance did not perform well, with a relatively large decline compared with the same period last year. (Note: The scroll compressor mentioned in this article is mainly air conditioning scroll compressor products)
Source of the full text: China Scroll Compressor Industry Monthly Research Report