ARBS2024 was held grandly from 28-30 May with over 300 exhibitors and 8,000 visitors. Organized biennially, the last ARBS was held at the Melbourne Convention and Exhibition Centre from 16-18 August 2022, returned after a six-year absence from Melbourne, with visitor numbers exceeding expectations. Nearly 300 exhibitors from all over the world, with an exhibition area of 20,000 square metres and more than 7,500 visitors, the show gained widespread global attention.
ARBS2022 attracted many well-known enterprises to participate in the exhibition, and major exhibitors have brought new products and technologies, which are fascinating to watch. ARBS2022 attracted many well-known enterprises to participate in the exhibition, and major exhibitors have brought new products and technologies, which are fascinating to watch. More than 20 Chinese companies, including Gree, Midea, Tenga, Yuanda, Zhigao, Aox, Fanshun, Zhongqi, Aike, Hongte, Qiwit, Belette, Changhong, etc., were present at the show in China. Other well-known exhibitors were: Mitsubishi, Daikin, Hitachi , LG, Fujitsu, Panasonic, ABB, Alfa Laval, Beijer Ref, Belimo, Bosch, Camfil, CAREL, Dwyer, ebm-papst, Evapco, GEA, Rosenberg, Testo, Ziehl-Abegg and others.
Exhibition Site
According to official data, more than 69.71% of the audience came from New Zealand, followed by China and Singapore with 3.65% each, as well as from India, Japan, Malaysia, South Africa and other regions.
Sino-Australian trade and refrigeration market overview
SAA certification is one of the necessary conditions for air-conditioner production to enter the Australian market.
In 2022, the total value of China's exports to Australia was around USD 7. 883 billion, an increase of USD 1.244 billion compared with the same period in 2021, which increased 19%.
Australia is an economic entity in the southern hemisphere, with a high per capita GDP and strong purchasing power. Australia is located in the tropics, the climate is hot all year round. Australia and New Zealand is the main air conditioning market in Oceania, of which home split air conditioning is the mainstream. They are hotly contested spots for air conditioning companies. In recent years, with the intensification of the global energy crisis, Australia is committed to long-term solutions to energy problems, advocating energy-efficient buildings and air conditioning.
As much as 98% of the tariffs on our products have been reduced to zero as a result of the entry into force of the RCEP.
Sino-Australia economic and trade relations may take a new turn as the Regional Comprehensive Economic Partnership Agreement (RCEP) came into force on 1 January 2022. RCEP is the second free trade agreement between the two countries, with both sides deepening tariff reduction arrangements on the basis of the FTA in a bid to further deepen the two countries' close ties in the Asia-Pacific value chain. From the tariff reduction timetable, the agreement came into force in 2022. About 75% of Australia's taxes on China of the year immediately reduced to zero, and eventaully the proportion of tariffs on Chinese products reduced to zero has reached 98%. From the content of the tariff reduction, most of the products in the tariff reduction will continue the content in the Sino-Australia FTA.
The end users of refrigeration equipment in the Australian market are mainly retailers and convenience stores.
Woolworths and Coles Myer are the two most well-known retail companies in Australia, accounting for 40% and 35% of the Australian retail market respectively. They are the most important retail companies in Australia as well.
As of November 2021, Woolworths has 3,759 supermarkets and convenience stores in Australia, and Coles Myer have more than 2,400. These the two enterprises totally occupied nearly 70% of the supermarket share in Australia. Every year, new stores, the elimination of existing store equipment and the transformation of stores require a large number of commercial freezers, which caused the large volume of purchasing. In addition, the design and layout style of each store and the retail products are relatively similar, so the standardization of commercial refrigeration equipment is high.
The market share of new environmental friendly refrigerants has increased significantly.
Australia is one of the countries suffering the most from ozone depletion due to refrigerant emissions. As a result, the country has restricted the production and import of several refrigerants. From 1 January 2020, the R22 can only be used to repair existing refrigeration and air conditioning equipment. According to the Ministry of Environment and Energy, HFCS such as R-134a and R-410 are the most commonly used refrigerants in the country, accounting for about 81% of the total refrigerant used in the country in 2019. As a result, the HFCS segment is expected to hold a major market share during the forecast period with a significant growth rate.
Beijing Worlead - ARBS 2018 Australian exhibition group
Beijing Worlead, as the official designated general agent of Australian Refrigeration Exhibition in China, will provide quality services for exhibitors.
Welcome to consult for more information about 2023-2024 global refrigeration exhibition.
