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Headline News Volume 200
============================ eJARN.com Headline News Date: 2013 November 29, Volume 200 http://www.ejarn.com ============================ * World Chiller and Large AC Market-(The 2012 Overview) According to BSRIA, global chiller market scale was US$ 8.4 billion in 2012, a 1.6% decrease from 2011. By chiller type, centrifugal chillers came to US$ 2.0 billion; reciprocating, screw, and scroll chille...
3.4 Latin America
Latin America has enjoyed a fairly good economic growth in the recent years, due mainly to absence of the worries affecting Europe and other areas. At the same time, it is enjoying a good price level for its export commodities like minerals and food products, which are rather plentyful in this part of the world. With few major natural catastrophes like earthquakes, these countries were able to rec...
3.3 Russia
Russian Chiller Market After the financial crisis of 2008, the Russian construction market recovered faster than analysts expected. As a result, sales of chillers in Russia as of the end of 201...
3.2 Spain
Spain Chiller Market 2012 Context During year 2012 nothing changed substantially in the Spanish economy compared with the previous year so the country was facing same problems, perhaps with better perspectives, but with a heavy task ahead. As the government main goal was to control and reduce the fiscal deficit at all levels, the austerity measures were introduced by practically every publi...
3. Special Contributions--3.1 Italy
2012 Chiller Market in Italy Last-year report’s conclusion, based on interviews with major manufacturers, indicated that no real improvement was to be expected in the near future unless and unt...
2.11 Australia
Australia’s real GDP growth for the 2011-2012 fiscal year (July 2011-June 2012) was 3.4%, marking 21 consecutive years of positive growth. Australia’s economy began slowing gradually from July 2012, h...
2.10.4 Mexico
The Mexican economy grew 3.9% in 2012, with both capital investment and construction demand showing recovery. Many automakers have started local production in Mexico, and automobiles and auto parts account for 23.8% of total exports by value. This represents Mexico’s largest export sector, and more automakers and parts manufacturers are moving operations into the country. After the N...
2.10.3 Argentina
Argentina’s real GDP had marked two consecutive years of high growth around 9%, but real GDP growth fell to 1.9% in 2012. Construction investment by value declined a sharp 35.5%. Argentina’s chiller market scale came to US$ 11.1 million in 2012, a decline of 18.8% over the previous year. Centrifugal chiller market scale marked a year-on-year increase of 18.7% to US$ 3.8 million, but the mar...
2.10.2 Chile
Chile’s real GDP in 2012 marked strong 5.6% growth. Reconstruction demand from the large earthquake that struck Chile in February 2010 is still brisk, with the construction and capital investment sectors marking growth. Construction of both residential and commercial properties such as new hotel projects, especially in the capital of Santiago, is a frequent site. Commercial projects for off...
2.10.1 Brazil
Brazil’s real GDP growth in 2012 stalled at 0.9%. Construction investment recorded a slight increase of 1.9%. Nevertheless, the upcoming 2014 FIFA World Cup and 2016 Olympic Games in Brazil are...
