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The country has not been immune to the financial problems of its neighboring states in Europe and markets are not yet back to their earlier growth patterns.
Russia temporarily became the world鈥檚 fifth largest air conditioner market after China, the United States, Japan, and India in 2011 when imports rose to 3.85 million units. This was something of freak result caused by dealers overstocking to meet a possible repeat of the very hot summer of 2010 when supplies ran out. The market is now becoming normalized.
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