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

Turkey - 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 Turkey - 2024

Contents:

  1. Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Turkey (FOB) - 2022
  2. Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Turkey (CIF) - 2022
  3. Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Turkey
  4. Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Turkey

Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Turkey (FOB) - 2022

In 2022, the average export price for electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA amounted to $590,532 per unit, with an increase of 23% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 39%. Over the period under review, the average export prices reached the peak figure at $775,124 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,674,977 per unit), while the average price for exports to Greece ($162,540 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.0%), 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 Turkey (CIF) - 2022

The average import price for electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA stood at $1,161,342 per unit in 2022, rising by 143% against the previous year. Overall, the import price posted a strong expansion. The pace of growth was the most pronounced in 2017 an increase of 1,252%. Over the period under review, average import prices attained the peak figure at $4,559,685 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($9,459,912 per unit), while the price for Cameroon ($111,671 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Albania (+35.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Turkey

In 2022, after three years of growth, there was significant decline in overseas shipments of electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA, when their volume decreased by -10.5% to 563 units. The total export volume increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 26% against the previous year. The exports peaked at 629 units in 2021, and then fell in the following year.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA expanded significantly to $332M in 2022. The total export value increased at an average annual rate of +11.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 16%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq20.228.631.344.930.5%
United States6.311.26.938.082.0%
Qatar19.910.220.329.313.8%
Spain17.010.414.118.63.0%
Denmark5.11.12.314.842.6%
Saudi Arabia57.033.921.413.2-38.6%
United Arab Emirates10.312.56.912.87.5%
Israel1.113.018.012.8126.6%
Oman3.61.32.77.628.3%
Turkmenistan0.36.82.56.9184.4%
Morocco5.20.914.26.99.9%
France1.410.34.36.062.4%
Greece2.60.30.62.3-4.0%
Others89.01371571189.9%
Total23927730333211.6%

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

  1. Iraq (82.0 units)
  2. Qatar (47.0 units)
  3. Spain (43.0 units)
  4. United Arab Emirates (33.0 units)
  5. Israel (26.0 units)
  6. United States (23.0 units)
  7. Saudi Arabia (19.0 units)
  8. Oman (19.0 units)
  9. Turkmenistan (15.0 units)
  10. Greece (14.0 units)
  11. France (14.0 units)
  12. Denmark (13.0 units)
  13. Morocco (12.0 units)

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Turkey

In 2022, approx. 24 units of electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA were imported into Turkey; with an increase of 50% on 2021. Overall, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 129% against the previous year. Imports peaked at 31 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over 10000 kVA skyrocketed to $28M in 2022. In general, imports, however, faced a dramatic descent. Imports peaked at $58M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A17.80%
United Arab Emirates0.33.00.74.2141.0%
China55.525.9N/A2.1-66.4%
AlbaniaN/AN/AN/A1.90%
CroatiaN/AN/AN/A0.90%
CameroonN/AN/A0.30.566.7%
AngolaN/AN/AN/A0.10%
IndiaN/AN/A0.3N/A0%
Italy2.02.33.3N/A28.5%
OthersN/A0.73.10.2-46.5%
Total57.831.97.627.9-21.6%

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

  1. United Arab Emirates (8.0 units)
  2. Cameroon (5.0 units)
  3. Croatia (3.0 units)
  4. China (3.0 units)
  5. Albania (2.0 units)
  6. Russia (2.0 units)
  7. Angola (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 Turkey. 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:

  • Turkey

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Turkey
  • 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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