2016 The overall decline of the compressor industry continues to slow

In recent years, the fresh market has developed rapidly, bringing unlimited business opportunities to the refrigeration equipment industry. At the same time, related refrigeration machinery parts have also been affected. It is understood that in 2015, the general trend of the general decline in China's compressor industry, the mainstream companies are not spared. In 2016, the overall decline of the industry continued to slow.
According to the latest data, in December 2015, China's rotary compressor industry produced 11.919 million units, a year-on-year decrease of 5.31%, a year-on-year increase of 29.81%; sales of 10.09 million units, a year-on-year decrease of 11.18% and an increase of 25.28%. The production and sales rate for this month was 90.14%. Inventory of 6.463 million units, an increase of 1.51%, an increase of 22.87%. Accumulated production for the fiscal year of January-December was approximately 133 million units, down 13.74% year-on-year; sales were approximately 134 million units, down 12.39% year-on-year. The accumulated production from August to December was 45.155 million units, a year-on-year decrease of 21.98%; the sales volume was 42.999 million units, a year-on-year decrease of 22.31%.
In the month of 2015, the production and sales of the rotary compressor industry continued to decline year-on-year, with a production and sales rate of only 90.14%, which led to a significant increase in industry inventory this month and a return to the peak level of the same period last year. So far, in fiscal 2015, the rotary compressor industry ended with a drastic decline of more than double digits, which is quite different from the high growth in FY2014. The overall production and sales volume has dropped to the level of the same period in 2013. In the short and medium term, the current domestic demand for compressors has drastically weakened, and overseas demand is relatively stable. On the corporate front, due to the sharp decline in compressor shipments in the past few months, orders in December have been relatively warm, and most companies have witnessed significant growth from the previous quarter, making the overall recovery to tens of millions of units. With the full launch of North American models, some of the export companies have achieved growth in sales and supply to supply companies this month. In addition, some enterprises have also accelerated their reserve production; while some enterprises with domestic sales are more cautious, considering domestic The accelerated destocking of complete machine companies is relatively unfavorable to the judgment of the future market demand for compressors. Industry sources predict that in 2016, the rotary compressor industry may experience a slight decline again.
From the performance of various compressor companies in FY2015, the trend of general decline was obvious, and none of the mainstream companies was spared. Among them, GMCC Meizhi achieved a sales volume of more than 40 million units through its flexible sales strategy. Another giant, Lingda, followed it, reaching a scale of 30 million units. Although sales volume decreased, it gave up some low profit margins. The model was optimized for the major aircraft types and the product structure was optimized. In order to maintain a 15 million-unit level of production and sales through the active development of sub-fields and supply chain synergies, HiSoft ploughed into the export market and steadily hit the market in Europe and the United States, with 12 million units. Sales are also guaranteed.
In terms of the whole machine, pressure from high inventory and low demand is high. Major air conditioner manufacturers have begun new strategic deployments and structural adjustments in the domestic market, including product structure, price structure, and marketing structure. Online and offline rounds of promotional campaigns, tug-of-war between brands, and alternatives to product upgrades have intensified. Compared with the deep water in the domestic market, the air conditioner export market has stabilized. Judging from the performance of all continents, apart from Latin America’s obvious downward trend following the influence of local politics and politics, the rest of the continent’s performance is relatively stable. Among them, the European and American continents tend to be positive and enter a new cold year. As the US economy continues to strengthen, Europe gradually recovers, and air-conditioning demand has steadily increased.
Judging from the present situation of compressor scheduling in January, the overall decline of the industry continues to slow. Among them, some companies started to increase their production for the Spring Festival holidays. In addition, along with the continuous launch of exports to models, demand for export models such as Ruizhi, LG, Qingan, Samsung, etc. has been booming. Compared with the same period last year, the actual performance has improved. From the point of view of the air-conditioning industry's production scheduling in January, the production plan of mainstream machine companies did not show significant fluctuations compared with the same period of last year. Among them, domestic sales continued to decline and exports recovered.

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