Rotor compressor: double digit growth in production and sales, continuous increase in production and
In October, the compressor industry is still dominated by busy production, with both production and sales reaching a record high in the same period. The year-on-year growth rate of production and sales is kept at double figures. According to the industry online data, in October, the rotor compressor industry produced 16.231 million units, a year-on-year growth of 24.27%; the sales of 13.68 million units, a year-on-year growth of 10.16%. In October, most of the enterprises were storing inventory, with a total inventory of 7.675 million units, up 49.79% month on month. But it is lower than the same period last year. With the continuous shipment, this part of inventory will not become too big a hidden danger.
In the downstream market, during the "11th" period, although the mainstream air-conditioning enterprises launched a large-scale industry wide promotion war, the terminal sales were not as expected. Ovi data shows that in 2019.9.23-10.6, the white electricity market has a collective negative growth, with air conditioning retail sales down 15% year on year and retail sales down 11% year on year. At present, the most obvious feature of air conditioning sales is that the proportion of retail sales of high-end air conditioners has declined, and the proportion of low price air conditioners has increased significantly. In recent years, the function and performance of low-end products are gradually approaching to the middle-end products under the continuous technological iteration, but they can still maintain their cost advantage under the scale advantage, so that the low price with product demand gradually grabs the market share of the middle-end demand. Since the beginning of the year, the peak season of the air conditioning industry is not prosperous, and the industry channel inventory is under high pressure. Many enterprises adopt low-cost promotion strategies to reduce inventory and speed up capital collection, and overdraw market demand in advance "three days and one small promotion, ten days and one big promotion", so that the fundamental problem of weak demand cannot be solved, which makes the air conditioning industry fall into the mire of low-cost competition.
From the perspective of production scheduling, in November, production scheduling continued to grow, still led by the United States. According to the monitoring data, in November 2019, the production of household air conditioning industry was about 9.8 million units, an increase of 5.8% over the same period last year. Among them, domestic sales increased by 9.5% compared with the same period last year, and exports increased by 6.6% compared with the same period last year. The total output of rotary compressor is 18 million, an increase of 18.6% over the same period last year. At present, the cumulative output of rotor compressor in the first 10 months of 2019 is 176454000, up 1.66% year-on-year, and the cumulative sales volume is 178.323000, up 2.75% year-on-year. Near the end of the year, all enterprises increase the production scheduling in order to impact the performance, and it is expected that the production scheduling will still be at a high level in December. It can be predicted that the rotary compressor industry will end with positive growth in fy2019.
In addition, Ole Nielsen from the United Nations Industrial Development Organization shared and exchanged research on the existing and potential international market of R290 air conditioning products at the International Conference on alternative technologies of HCFC-22 in the room air conditioner industry held on October 22. He said that R410A and R32, two HFC refrigerants currently mainly sold, entered the reduction list with the implementation of Kigali amendment. In a speech, the Ministry of ecological environment said that since August 31, 2019, the Ministry of ecological environment will carry out the third subsidy adjustment on the sales of R290 air conditioners, break the upper limit of subsidy cost to enterprises, encourage first come first served, and domestic sales of primary frequency conversion R290 air conditioners will receive a subsidy of 600 yuan / set. On this basis, it is planned that the sales target of R290 products in the room air conditioner industry in 2020 will be no less than 1 million units, including no less than 330000 split type products. This means that from the cold year 2020, China's R290 air conditioning will enter the era of million sales.