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    Analysis

    June 14, 2022

    April Heating and Cooling Equipment Shipments Down 9% from March High

    Written by Brett Linton

    US heating and cooling equipment shipments fell 9% to 2.07 million units in April, following a 24% jump in March, according to data from the Air Conditioning, Heating, and Refrigeration Institute (AHRI). Recall that March saw the third highest monthly shipment rate in our history at 2.28 million units, with the record high occurring in June 2021 at 2.32 million units and June 2020 holding onto second place with 2.28 million units. Total April shipments are down 4% compared to levels one year prior.

    On a twelve-month moving average (12MMA) basis, shipments averaged 2.04 million tons per month over the past year, down 6,000 units from the March 12MMA (when we saw the highest level in our recorded history). Shipments averaged 2.03 million units per month in 2021, up 10% compared to 1.85 million units per month shipped in the same period of 2020.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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