One of the reasons is that the export volume of air conditioners has dropped again.

According to China Customs statistics, in 2017, China's household air-conditioner exports were 42.671 million units, a year-on-year increase of 9.8%. Among them, China's household air conditioner exports totaled 1.68 million units in October, down 4.2% year-on-year. Looking at the export of household air conditioners in the first 10 months of 2017, except for a slight decline in April and October, the rest of the month showed a growth trend.
In terms of market, China's household air conditioners exported to North America, Oceania and Latin America in October 2017, with growth of 2.7%, 32.4% and 27.2%, respectively; while exports to Africa, Europe and Asia were in a downward trend, down 2.1% respectively. 32.0% and 20.9%. The Oceania air-conditioning market is relatively mature and the market capacity is relatively stable. Australia is a major importer of household air conditioners in Oceania, with a year-on-year increase of 43.7%. Australia has benefited from the local housing boom, supported by increased housing construction booms, and the global temperature rise, the size of the Oceania air-conditioning market will increase in the future, but limited by the impact of expensive electricity bills. Since August, Brazil, the main air-conditioner importer, has returned to Latin America to import the first domestic air conditioners in China. After the Brazilian economy experienced a contraction for two consecutive years, the economy began to pick up gradually in 2017. In addition, due to climate anomalies, Brazil suffered the hottest spring in the past decade, which has driven the consumption of air conditioners.
Africa fell slightly this month, with Algeria being Africa's largest importer of household air conditioners in China, up more than 1,000% year-on-year. Algeria is located in North Africa. Although the second half of the year is the low season for imports in North Africa, because Algeria will complete the energy efficiency switch at the end of 2017, the export volume of household air conditioners decreased in the first few months, and the accumulation reached a large increase in October, and the current The goods are basically new energy-efficient models. Russia, Spain and Turkey are among the top three domestic air conditioners imported from China. Due to the low summer temperatures in Russia, the local air conditioners are in large stocks. In the past three months, China’s domestic air conditioner exports to Russia have started to fall sharply. Spain and Turkey have different magnitudes. growth of.

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