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The refrigerator compressor industry starts a rational adjustment model in 2019

  • Categories:NEWS
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  • Time of issue:2019-11-26 15:21
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(Summary description)

The refrigerator compressor industry starts a rational adjustment model in 2019

(Summary description)

  • Categories:NEWS
  • Author:
  • Origin:
  • Time of issue:2019-11-26 15:21
  • Views:
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    Since about 2013, the overall sales growth rate of the refrigerator and freezer market has slowed down suddenly, and the days when the manufacturers of refrigerator compressors that once prospered and sold have become difficult from that year. Since then, the refrigerator and freezer markets have maintained a small growth, and have not experienced rapid growth. The growth of production and sales of refrigerators and freezers in 2019 will be around 3%. Today, the huge gap between the production capacity of more than 300 million units and the market demand of about 150 million units has become a heavy burden on the refrigerator compressor industry.
    Entering 2019, the overall market for refrigerators and freezers is still tepid. According to the National Bureau of Statistics, from January to July, a total of 50.4337 million domestic refrigerators were produced nationwide, an increase of 4.21% year-on-year; and 11.711.7 million domestic refrigerators were produced, an increase of 13.42% year-on-year. Judging from the current economic operation situation, the industry will not have a big turn in the second half of the year. Under the environment of slow growth of the whole machine market, compressor manufacturers paid a great price to adjust the development pace. There is always a return to pay. In the first half of 2019, the refrigerator compressor performed well as a whole, with a cumulative output of 92.49 million units, up 9.3% year-on-year. The sales volume was 93.61 million units, up 8.4% year on year and a further improvement from the 6.3% year-on-year growth in 2018.

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