Hong Kong SAR, China - Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA - Market Analysis, Forecast, Size, Trends And Insights

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Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Hong Kong SAR - 2023

Contents:

  1. Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Hong Kong SAR (CIF) - 2023
  2. Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Hong Kong SAR (FOB) - 2023
  3. Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Hong Kong SAR
  4. Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Hong Kong SAR

Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Hong Kong SAR (CIF) - 2023

The average import price for electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA stood at $510K per unit in November 2023, jumping by 28% against the previous month. Over the period under review, the import price, however, showed a deep reduction. Over the period under review, average import prices reached the peak figure at $3.5M per unit in December 2022; however, from January 2023 to November 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to November 2023, the rate of growth in terms of prices for China amounted to -16.0% per month.

Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Hong Kong SAR (FOB) - 2023

In August 2023, the average export price for electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA amounted to $486K per unit, standing approximately at the previous month. In general, the export price saw a resilient increase. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 155% m-o-m. As a result, the export price reached the peak level of $504K per unit; afterwards, it flattened through to August 2023.

As there is only one major export destination, the average price level is determined by prices for China.

From August 2022 to August 2023, the rate of growth in terms of prices for China amounted to +7.8% per month.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Hong Kong SAR

In 2022, imports of electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA into Hong Kong SAR amounted to 46 units, picking up by 4.5% on the previous year's figure. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 571% against the previous year. As a result, imports reached the peak of 47 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA skyrocketed to $3.8M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 181% against the previous year. As a result, imports attained the peak of $4.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,1183,7401,7462,19225.2%
China4286021,1351,29444.6%
Singapore0.70.828.532.5259.4%
Thailand19.554.525.629.514.8%
DenmarkN/AN/AN/A11.50%
Italy3.012.25.67.032.6%
Philippines4.58.25.26.010.1%
Taiwan (Chinese)2.37.42.72.75.5%
Australia1.11.61.71.920.0%
Malaysia4.328.09.71.3-32.9%
Indonesia10.917.73.30.7-60.0%
Sweden0.10.50.20.226.0%
Others2.23.871.2176330.9%
Total1,5944,4773,0353,75633.1%

Top Suppliers of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA to Hong Kong SAR in 2022:

  1. Japan (25.0 units)
  2. China (15.0 units)
  3. Denmark (4.0 units)
  4. Australia (1.0 units)
  5. Italy (1.0 units)
  6. Taiwan (Chinese) (1.0 units)
  7. Singapore (1.0 units)
  8. Philippines (1.0 units)
  9. Indonesia (1.0 units)
  10. Malaysia (1.0 units)
  11. Sweden (1.0 units)
  12. Thailand (1.0 units)

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Hong Kong SAR

In 2022, the amount of electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA exported from Hong Kong SAR totaled 4 units, almost unchanged from 2021 figures. Over the period under review, exports recorded a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 33% against the previous year. Over the period under review, the exports of reached the maximum at 5 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA dropped notably to $482K in 2022. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 69%. The exports peaked at $853K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand22.212.310436.718.2%
Kuwait33.629.726.222.1-13.0%
Indonesia7.20.615.29.07.7%
India4.17.67.06.214.8%
Bangladesh4.44.03.63.1-11.0%
United Kingdom3.13.43.12.8-3.3%
Chile0.10.117.51.8162.1%
Ireland1.51.51.41.3-4.7%
HungaryN/AN/AN/A0.70%
Mauritius1.51.10.80.6-26.3%
Italy1.21.00.80.6-20.6%
Sri Lanka0.30.30.30.30.0%
NigeriaN/AN/AN/AN/A0%
Others774297426397-20.0%
Total853358606482-17.3%

Top Export Markets for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA from Hong Kong SAR in 2022:

  1. Thailand (4.0 units)
  2. Mauritius (1.0 units)
  3. Ireland (1.0 units)
  4. Italy (1.0 units)
  5. Bangladesh (1.0 units)
  6. Kuwait (1.0 units)
  7. Indonesia (1.0 units)
  8. India (1.0 units)
  9. United Kingdom (1.0 units)
  10. Chile (1.0 units)
  11. Hungary (1.0 units)
  12. Sri Lanka (1.0 units)
  13. Nigeria (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for electrical transformers with liquid dielectric, of power handling capacity over 10000 kva in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27114180 - Liquid dielectric transformers having a power handling capacity > .10 .000 kVA

Country coverage:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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