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2021 Inventory of the HVAC Industry

air conditioner parts

HVAC Industry: Overcoming obstacles and moving forward

2021 has passed, and the HVAC industry is about to usher in a brand new 2022.

The last year’s perception repeated COVID-19, and rising raw material prices have filled the HVAC industry with uncertain impacts and challenges.

The HVAC industry has gone through a difficult year, and the journey has been full of ups and downs. This article attempts to take a deep look at the events that are worth remembering in the HVAC industry in 2021 from several key keywords that are highly popular in the air conditioner and heater industry. Leave some reflections for future development.

Keywords: price increase

“Price increase” has been a hot topic HVAC line for a long time this year and a hot topic in the upstream and downstream of the HVAC parts industry. Unfortunately, it has become the main theme of 2021.

This year, the operation of the industry is facing two major pressures: one is the increase in the price of raw materials, and the other is the increase in the price of shipping.

Since the second half of 2020, the prices of international bulk raw materials, such as crude oil, copper, iron ore, etc., have continued to rise. Especially since 2021, the increase has been even more obvious. The prices of some raw materials have even risen by 10% within a month. More than 20%, the increase is shocking, and even PVC has entered the era of USD 1600 inconceivably.

The rise in the price of raw materials has brought huge pressure to enterprises in all links of the industrial chain. If it does not fall, it will definitely drive the price of downstream and end products of the HVAC industry chain to rise. For example, from the end of December 2020 to the present, international raw material In order to seek a “balance point”, manufacturers of raw and auxiliary materials and processing equipment have shifted cost pressures to downstream user groups, and successively set off rounds of “price increases”.

The skyrocketing shipping costs have caused a sharp increase in export costs, which eventually led to an increase in the price of consumer terminals. It has to be said that with the superposition of these factors, where will the price go in the new 2022?

As a manufacturer of HVAC parts, we hate price increases, of course, no one likes it, huh?  In the face of this complicated year in 2021, our engineers have tried their best to keep our costs the same and adjust our prices as little as possible to let our importers and distributors’ market steady. Such as PVC fitting and brass fitting. Compared with the TOP 10 wholesalers in the US market, our price increase is only a small part.

The price is still very advantageous in the HVAC industry.

Hopefully, in the new 2022, we will do better!

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