The Production and Sales of Rotary Compressor Rise in May

2019-06-25 11:10:23 alice 53

According to ChinaIOL, in May, the rotary compressor industry produced 21.321 million units,a year-on-year increase of 8.39%, and up 1.13% from the previous period. Total sales volume was 21.771 million units, a year-on-year increase of 24.13%, and down 23.45% from the previous month.

According to ChinaIOL online statistics, the market performance of rotary compressor was stable in May. Driven by the supply of air conditioner’s downstream in the peak season, the production and sales of rotary compressor industry continued to grow year on year in May, and the air conditioner’s downstream market continued to heat up. Although the retail performance of the terminal was unsatisfactory from January to April, in order to take the lead in the following sales peak season and 618 promotions, the domestic sales of air conditioners in May remained unchanged.

However, the following production scheduling of air conditioner and compressor declined to varying degrees in June. ChinaIOL online data show that the output of household air-conditioning industry in June 2019 is about 14.58 million units, down 9.3% from the same period last year. Among them, production scheduling of domestic sales also fell by 11.7% compared with the same period last year, while export’s production scheduling fell by 2.3% compared with the same period last year. The total output of 10 rotary compressor enterprises monitored was 8.8 million units, which was 5.5% lower than last month's production plan and 0.4% higher than last year's actual production performance. The main reason is that the pressure of inventory in the industry is huge. By the end of April, the total inventory of air conditioners has reached 49.987 million units, which is the highest in history. At the beginning of May this year, there was a lot of rain and the temperature was lower than the same period in previous years. In addition, price war and high inventory affected the start of air conditioning season sales. But at the end of the month, the high temperature will affect many areas, which may cause a greatly increasing terminal sales of air conditioner. In addition, the introduction of household appliances subsidy policy in various places and the promotion in mid-year are expected to promote air-conditioning enterprises to reduce inventory and boost retail sales.