OEMs

AHRI: Shipments Cooled Off in September
Written by Becca Moczygemba
November 10, 2023
Domestic heating and cooling equipment shipments declined in September, according to the latest data released from the Air Conditioning, Heating, and Refrigeration Institute (AHRI).
Shipments in September totaled 1.8 million units, compared to 2 million units in August. Shipments were down 7% both month over month (MoM) and year over year (YoY).
On a 12-month moving average (12MMA) basis, shipments are down to 1,808,331 units vs. 1,819,312 units the previous month.

The chart below shows the total heating and cooling shipments on a three-month moving average (3MMA) basis. Shipments fell 4% through September compared to the same period one year ago. The 3MMA has declined every month in 2023, with April seeing the largest decline at 12%.

Residential and commercial storage water heater shipments dropped by 4% MoM to a combined 757,778 units. However, YoY shipments increased 12% from 674,416 units.

Central air conditioners and air-source heat pump shipments were down by 13% MoM and 16% YoY. A total of 461,330 air conditioner units and 301,971 heat pump units were shipped in September.

This year has seen more water heater and air conditioner/heat pump units shipped out of any of the last five years. However, the most warm air furnaces were shipped in 2021.
The full press release of this data is available on the AHRI website.
An interactive history of heating and cooling equipment shipment data is available on our website. If you need assistance logging in to or navigating the website, please contact us at info@steelmarketupdate.com.

Becca Moczygemba
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