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Exports of $5.3 billion from the Turkish air conditioning sector in 9 months of the year

Exports of the Turkish air conditioning industry increased by 8.5% in the third quarter of this year compared to the same period of 2022, reaching $5 billion 359 million 365 thousand.

Turkiye’s exports increased by 0.3% last month compared to the same period in 2022, reaching $22.6 billion. Exports between January and September amounted to $187.4 billion.

In September, exports of the air conditioning sector increased by 5.1% compared to the same period last year, reaching $606 million 338 thousand. The sector’s share in Turkiye’s foreign sales last month was recorded as 3.1%.

Exports of the Turkish air conditioning industry increased by 8.5% in the 9 months of the year compared to the previous year and reached $5 billion 359 million 365 thousand.

Most exports to Germany

The highest export in the sector in the third quarter of the year was made to Germany with $594 million. Germany was followed by Russia with $397.5 million, the United Kingdom with $367.9 million and Italy with $290.5 million. Other top export countries were France, Spain, Iraq and Romania.

The city that exported the most in the sector in the third quarter was Istanbul with $2 billion 88 million. Istanbul was followed by Manisa with $632.4 million, Izmir with $438.6 million, Kocaeli with $415.7 million and Bursa with $399.5 million.

Mehmet Hakki Sanal, Chairman of the Board of Directors of the Air Conditioning Industry Exporters Association (ISIB), made a statement to the AA correspondent on the subject. He said that in the 9-month period covering the January-September period of 2023, the sector’s export increase was 8.5%, above Turkiye’s export average, and the export-import coverage ratio reached 91%.

Sanal pointed out that exports increased in all sub-product groups except the insulation materials sub-sector. “The air conditioning sector achieved an export increase of 4.8% in the heating systems and elements sub-sector, 12.2% in the cooling systems and elements sub-sector, and 6.3% in air-conditioning systems and elements, 8.3% increase in exports in plumbing systems and elements and a 16% increase in ventilation systems and elements in the 9 months of 2023 compared to the same period of 2022.

The countries with the highest exports in the 9 months of 2023 were Germany, Russia, the United Kingdom, Italy and France, respectively. The sector’s kilogram unit price increased from $5.2 in 9 months of 2022 to $6.1 in 9 months of 2023.”

“We believe that the new era will be very active and productive for our companies.”

Sanal stated that, as the Turkish air conditioning industry, they are taking firm steps towards the main goal of getting a 1.5% share from the world market, and continued his words as follows:

“The figures for the first quarter of 2023 also support this. We are carrying out serious work in terms of marketing and communication for our exporters, together with all sector stakeholders. By the end of this year, we will organize more than 30 fairs, national participation and trade delegation events in line with the goals of our exporters. We will organize a procurement delegation in which we will host nearly 300 foreign representatives from 70 countries for the ISK Sodex Fair, one of the biggest fairs of our industry, which will be held this month. Our biggest goal in this event is to bring our exporters together with the right buyers.

With the vision of both energy efficiency and sustainability for the changing types of energy use in Europe, we continue our production activities rapidly in order to provide devices and equipment that are in serious demand, especially heat pumps. Last year the market grew 2.5 times. We see that the market is growing and the demand for heat pumps is increasing all over the world. In this context, we see that investments from abroad to Turkiye are also increasing. We believe that the new era will be very active and productive for our Turkish companies.”

Source: Trthaber / Prepared by Irem Yildiz

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