November rotary compressor decreased by 27.90% year-on-year

In November, the production of the Rotary Compressor industry was 9.238 million units, a year-on-year decrease of 27.90% and a year-on-year increase of 29.16%. The sales volume was 8.628 million units, a year-on-year decrease of 27.44% and an increase of 22.55%. The sales rate for this month was 93.40%. Inventory of 5.260 million units, down 14.15% year-on-year, an increase of 13.12%. In the fiscal year from January to November, the cumulative output was 122.923 million units, a year-on-year decrease of 26.65%; the sales volume was 122.813 million units, a year-on-year decrease of 12.50%. The cumulative production from August to November in the cold year was 33.163 million units, a year-on-year decrease of 26.15%; the sales volume was 32.09 million units, a year-on-year decrease of 25.44%.

On the whole, the rotary compressor market in November was flat, with production and sales showing a year-on-year drop. In previous years, this time should be the peak season for replenishment of domestic and foreign sales of compressors. However, this year's market conditions are sluggish. Affected by the weak recovery of the global economy and the slow recovery in the real estate market, domestic sales and exports of the domestic air-conditioning industry have declined to varying degrees. The decline in the production of air conditioners has continued to reduce orders in the compressor industry, and most of the factories have a severe shortage of operating rates.

The industry's demand has shrunk, and various companies have been affected to varying degrees. Most compressor companies have experienced a decline in sales in comparison with the previous quarter. Judging from the operation of the brand, GMCC production this month increased significantly from the previous month, an increase of 48.2%, and began to plan for inventory reserves; Lingda and Highly since the initial inventory has accumulated to a certain size, this month is basically still according to the single produce. In addition, due to weak market demand and fewer orders, other compressor companies are generally more cautious in production this month. They did not dare to make large inventories before the end of the year. Even adjustments will have to wait until next January and February. The company's performance this month was relatively good, its sales increased year-on-year, the advantages of export models were further expanded, and the supply of compressors for dehumidifiers and dryers was also steadily underway; sales of Panasonic and Mitsubishi were also improved. The improvement, although still falling compared to the same period of last year, has decreased significantly from last month; LG has improved with the majority of the export market starting, and is unchanged from the same period of last year.

From the current understanding of the compressor scheduling situation in December, the downward trend continued, but the rate further contracted. Most of the companies still reduced their production and production compared with the same period of last year. A small number of companies increased their production due to stocking demand. It is worth mentioning that due to factors such as changes in the EPA's upgrade policy, North America's start-up of compressors has been delayed this year, bringing some uncertainties to the export market. Judging from the air-conditioning industry's production scheduling, the trend of production in the mainstream of the whole machine business remained unchanged in December, with the overall production plan of the whole machine industry showing a decline of more than 15% compared with the same period of last year.