At the beginning of the new year, Rotary Compressor last year’s high base, once again with excellent market performance ushered in a good start, boosting market confidence in 2019. In January, the rotary compressor industry produced 19.09 million units, a year-on-year increase of 1.42%, and up1.79% from the previous month; sales of 21.18 million units, a year-on-year increase of 5.66%, and up 16.9% from the previous month. Compressor shipments reached a new high this month, mainly due to strong demand from downstream air-conditioning manufacturers, in advance for the Spring Festival and the coming peak season. In the past half a year, the prices of raw materials mainly copper and aluminum have fallen significantly and the manufacturing cost of products has decreased. The operation quality and efficiency of enterprises have been improved, and there is more room to move in the short and medium term.
According to the performance of enterprises, the polarization is obvious. Driven by the high demand of traditional customers such as GMCC, AUX, TCL and other air-conditioning enterprises, as well as the development of overseas customers, GMCC sold nearly 9 million units in January, with an increase of 24.5% over the same period last year, achieving a record monthly shipment volume. Except GMCC, Linda and Highly, the sales of other compressor enterprises in January showed a year-on-year decline. With the high growth of air conditioner and compressor industry for nearly three years, in the future, competition among enterprises will intensify, and the Matthew Effect will continue to appear. The strong gets stronger, the weak gets weaker.
On January 29, the Development and Reform Commission and other ten departments jointly issued the Implementation Plan for Further Optimizing Supply, Promoting Steady Growth of Consumption and Forming a Strong Domestic Market (2019). In terms of the implementation plan, the policy for stimulating consumption of household appliances in 2019 is clear. The main measures are to support the sale of green and intelligent household appliances, promote the renewal of household appliances and actively promote poverty alleviation through consumption. District product sales. On January 30, the Beijing Business Bureau issued the Announcement on Implementing the Policy of Energy Conservation and Emission Reduction to Promote Consumption, which subsidized 15 kinds of products from 8% to 20% for a period of three years. It was officially implemented on 1st February 2019. This measure shows the government's determination and direction to promote the consumption of household appliances. It will bring great positive stimulation to the promotion of the household appliances market, and will effectively promote the high-quality development and industrial upgrading of the household appliances and related parts industry. In addition, the new energy efficiency standard of air conditioning will be introduced soon, and the new standard has made changes in energy efficiency grade, limit value, evaluation index and so on. Energy efficiency upgrading of air conditioning involves the whole energy efficiency upgrading of the whole air conditioning industry chain. Compressor is the most important energy-consuming component and the key to improve energy efficiency. With the implementation of consumption promotion policy and the implementation of new standards, energy-efficient air-conditioning compressor manufacturers will benefit from fierce competition.