HVAC and Commercial Refrigeration Price Trend

Recharging refrigerants like Freon and Puron can cost anywhere from 100 USD and 350 USD, depending on the type of HVAC equipment in your home. Older and less efficient R22 refrigerant units might cost up to 600 USD to replace, depending on the amount needed. Up until now, commercial refrigerant prices were already linked to rises in steel prices, which directly affect the cost of the steel cylinders that carry the refrigerant. During the COVID-19 outbreak, major manufacturers such as Honeywell, Chemours, and Arkema, all reduced or stopped production, and supply chains were scrambling to catch up. Cost increases can also be attributable to increases in fuel and labour expenses, which directly affect manufacturing and transportation costs, ultimately leading to a price increase.

Procurement Resource Database

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Procurement Resource provides latest prices of HVAC and Commercial Refrigeration. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Chart Description

Procurement Resource provides prices of HVAC and Commercial Refrigeration for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About:

HVAC system refers to a system that involves heating, ventilation, and air conditioning of indoor spaces, aiming to provide thermal comfort and improved air quality. HVAC and Commercial Refrigeration projects demand a wide range of inputs, such as ductwork, air handling units (AHU), filtrates, heat pumps, etc. Once the installation is complete, HVAC systems require testing, maintenance and servicing at different intervals for maintaining optimal efficiency and good air quality. Thus, the cost of the equipment is not the only factor influencing the installation cost of a Commercial HVAC and Refrigeration System, but the choice of brand and system, variation of services from one vendor to another, and labour, material and maintenance cost, among others, are also the key factors. Detailed breakdown of commercial HVAC installation cost helps a customer to choose a correct proposal for himself, thus, achieving maximum value. 

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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