Republic of Korea - Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in South Korea - 2022
Contents:
- Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in South Korea (FOB) - 2022
- Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in South Korea (CIF) - 2022
- Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in South Korea
- Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in South Korea
Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in South Korea (FOB) - 2022
The average export price for electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA stood at $495K per unit in December 2022, approximately mirroring the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 when the average export price increased by 1.5% against the previous month. Over the period under review, the average export prices hit record highs at $495K per unit in October 2022; afterwards, it flattened through to December 2022.
Average prices varied noticeably for the major overseas markets. In December 2022, the countries with the highest prices were the Philippines ($495K per unit) and the United States ($495K per unit), while the average price for exports to the UK ($495K per unit) and Saudi Arabia ($495K per unit) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+0.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in South Korea (CIF) - 2022
The average import price for electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA stood at $48,610 per unit in 2022, surging by 20% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 68% against the previous year. As a result, import price reached the peak level of $403,089 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($48,612 per unit), while the price for Japan ($48,608 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+3.1%), while the prices for the other major suppliers experienced a decline.
Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in South Korea
In 2022, exports of electrical transformers with liquid dielectric, of power handling capacity over 10000 kva from South Korea contracted slightly to 1K units, waning by -4.8% against the previous year's figure. In general, exports recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year. The exports peaked at 1.2K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA contracted modestly to $369M in 2022. Over the period under review, exports continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2021 when exports increased by 7%. Over the period under review, the exports of hit record highs at $406M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 147 | 121 | 164 | 97.7 | -12.7% |
| Saudi Arabia | 34.7 | 37.5 | 71.7 | 74.4 | 28.9% |
| Canada | 34.5 | 24.6 | 33.2 | 31.5 | -3.0% |
| Oman | N/A | 5.7 | N/A | 23.1 | 101.3% |
| Indonesia | 1.9 | 5.5 | N/A | 18.4 | 113.2% |
| Kuwait | 28.9 | 6.5 | 10.0 | 12.4 | -24.6% |
| Australia | 0.8 | 8.3 | 7.7 | 11.8 | 145.2% |
| United Kingdom | 19.6 | 18.5 | 14.6 | 11.1 | -17.3% |
| Thailand | 9.0 | 7.2 | 9.7 | 10.8 | 6.3% |
| New Zealand | 6.0 | 1.1 | N/A | 10.3 | 19.7% |
| Norway | N/A | N/A | N/A | 9.5 | 0% |
| Philippines | 1.0 | 1.0 | 0.4 | 8.7 | 105.7% |
| Bahrain | 45.2 | 24.0 | 14.7 | 3.7 | -56.6% |
| Others | 77.4 | 95.3 | 55.5 | 45.4 | -16.3% |
| Total | 406 | 356 | 381 | 369 | -3.1% |
Top Export Markets for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA from South Korea in 2022:
- United States (260.0 units)
- Saudi Arabia (198.0 units)
- Oman (87.0 units)
- Canada (84.0 units)
- Indonesia (49.0 units)
- Kuwait (33.0 units)
- Australia (31.0 units)
- United Kingdom (30.0 units)
- Thailand (29.0 units)
- New Zealand (27.0 units)
- Norway (25.0 units)
- Philippines (23.0 units)
- Bahrain (10.0 units)
Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in South Korea
In 2022, the amount of electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA imported into South Korea rose notably to 710 units, picking up by 9.7% against 2021 figures. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,188%. As a result, imports reached the peak of 773 units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA skyrocketed to $35M in 2022. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 356%. As a result, imports attained the peak of $43M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.4 | N/A | 21.8 | 18.3 | 75.2% |
| Italy | N/A | N/A | N/A | 11.9 | 0% |
| Thailand | N/A | N/A | N/A | 4.3 | 0% |
| Germany | N/A | N/A | 1.7 | N/A | 0% |
| United Kingdom | 4.4 | 40.2 | N/A | N/A | 813.6% |
| India | N/A | N/A | 1.4 | N/A | 0% |
| Others | 1.6 | 2.7 | 1.4 | N/A | -6.5% |
| Total | 9.4 | 42.9 | 26.1 | 34.5 | 54.3% |
Top Suppliers of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA to South Korea in 2022:
- Japan (377.0 units)
- Italy (245.0 units)
- Thailand (88.0 units)
This report provides an in-depth analysis of the market for electrical transformers with liquid dielectric, of power handling capacity over 10000 kva in Republic of Korea. 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:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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