JARN News
3.2 SPAIN
Contributed by the Asociacion de Fabricantes de Equipos de Climatizacion (AFEC) Economic Situation In 2017, the Spanish gross domestic product (GDP) increased to 3.1%, above the overall GDP of 2...
3 CONTRIBUTIONS: 3.1 RUSSIA
Reported by the Association of Professional Companies in the Industry of Climate (APIC) and Litvinchuk Marketing The year 2018 can be considered one of the quietest and the most predict- able for t...
MIDDLE EAST--Others
Qatar broke off its diplomatic relations with Saudi Arabia, UAE, Bahrain, and Egypt in June 2017, and the freezing of material supplies and personnel exchange has severely impacted Qatar’s air c...
MIDDLE EAST--Iraq
Iraq’s air conditioner market was recovering in 2018 and reached a market scale of 359,000 units. RACs dominate the market and increased by 5.3% year on year. Midea has a strong presence in Iraq. Gree launched two brands, Gree and Tosot, which together take a large market share. TCL conducted training sessions in Iraq early in 2018. In cooperation with TCL’s Iraqi distributor, RDK El...
MIDDLE EAST--Iran
Western countries have imposed trade sanctions on Iran, causing huge economic shrinkage in the country. Almost all products in the market are made in China. Iran is a Middle Eastern country with a la...
MIDDLE EAST--UAE
In 2018, the UAE RAC market scale decreased by 10%, down to 484,000 units, and PAC sales also decreased to about 173,000 units. Window-type units comprised approximately 50% of the RAC market. Despite...
MIDDLE EAST--Saudi Arabia
In Saudi Arabia, the largest air conditioner market in the Middle East, the price of the oil produced is stable. However, the government budget remained in deficit. After replacement of the King, the ...
2.8 MIDDLE EAST
In the Middle East, the weather and economic conditions have not been not favorable in 2018. The economic situation in the Middle East has remained gloomy. The price of oil rose a little, but did not ...
2.7 SOUTH KOREA
In South Korea, this summer was the hottest since weather observation began (31.5 tropical nights as of August, 2018), and broke the previous record set in 1994 (25.5 tropical nights). Tropical nights...
New Year’s Resolutions from Global Association Leaders--KRAI
Nho Hwanyong, chairman of Korea Refrigeration and Air-conditioning Industry Association (KRAIA, South Korea) KRAIA wishes JARN every success, and health and happiness for all readers of JARN in the n...