China - Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in China - 2023
Contents:
- Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in China (FOB) - 2023
- Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in China (CIF) - 2023
- Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in China
- Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in China
Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in China (FOB) - 2023
The average export price for electrical transformers with liquid dielectric, of power handling capacity under 1 kVA stood at $620 per thousand units in December 2023, reducing by -4.6% against the previous month. Overall, the export price recorded a slight contraction. The growth pace was the most rapid in March 2023 when the average export price increased by 12% against the previous month. Over the period under review, the average export prices reached the peak figure at $718 per thousand units in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was the United States ($1.9 per unit), while the average price for exports to India ($285 per thousand units) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+4.0%), 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 Under 1 kVA in China (CIF) - 2023
The average import price for electrical transformers with liquid dielectric, of power handling capacity under 1 kVA stood at $619 per thousand units in December 2023, surging by 4% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 50% m-o-m. As a result, import price reached the peak level of $0.8 per unit. From March 2023 to December 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($2.3 per unit), while the price for Taiwan (Chinese) ($63.0 per thousand units) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+15.1%), 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 Under 1 kVA in China
In 2022, approx. 3.2B units of electrical transformers with liquid dielectric, of power handling capacity under 1 kVA were exported from China; waning by -4.7% compared with the previous year. The total export volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, the exports attained the peak of 3.3B units, and then reduced modestly in the following year.
In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity under 1 kVA expanded notably to $2.2B in 2022. The total export value increased at an average annual rate of +10.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 564 | 515 | 635 | 589 | 1.5% |
| United States | 175 | 160 | 201 | 252 | 12.9% |
| Japan | 108 | 101 | 138 | 184 | 19.4% |
| Mexico | 47.0 | 57.0 | 90.3 | 110 | 32.8% |
| Vietnam | 54.0 | 80.9 | 111 | 110 | 26.8% |
| Germany | 81.7 | 76.8 | 96.9 | 107 | 9.4% |
| South Korea | 73.4 | 66.7 | 90.0 | 77.8 | 2.0% |
| Taiwan (Chinese) | 30.8 | 34.6 | 60.2 | 69.2 | 31.0% |
| India | 49.0 | 40.3 | 62.0 | 68.5 | 11.8% |
| Thailand | 21.2 | 23.2 | 41.6 | 47.1 | 30.5% |
| Poland | 22.0 | 23.8 | 33.0 | 31.3 | 12.5% |
| Brazil | 32.0 | 33.7 | 33.5 | 29.7 | -2.5% |
| Others | 341 | 322 | 419 | 476 | 11.8% |
| Total | 1,599 | 1,535 | 2,012 | 2,152 | 10.4% |
Top Export Markets for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA from China in 2022:
- Hong Kong SAR (1217.6M units)
- Vietnam (224.5M units)
- Japan (205.5M units)
- India (188.4M units)
- Mexico (187.7M units)
- South Korea (179.6M units)
- Germany (147.7M units)
- United States (119.6M units)
- Taiwan (Chinese) (97.3M units)
- Poland (75.6M units)
- Thailand (60.6M units)
- Brazil (52.7M units)
Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in China
In 2022, purchases abroad of electrical transformers with liquid dielectric, of power handling capacity under 1 kVA decreased by -11.4% to 901M units, falling for the second year in a row after two years of growth. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 103% against the previous year. As a result, imports reached the peak of 1.2B 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 under 1 kVA reduced to $528M in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 134%. Imports peaked at $588M in 2021, and then fell in the following year.
| Import of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 35.0 | 110 | 110 | 86.1 | 35.0% |
| Vietnam | 27.9 | 58.3 | 66.3 | 70.0 | 35.9% |
| United States | 21.0 | 39.9 | 38.3 | 33.7 | 17.1% |
| Philippines | 37.4 | 59.6 | 32.2 | 30.0 | -7.1% |
| India | 4.9 | 12.0 | 27.8 | 22.8 | 66.9% |
| Taiwan (Chinese) | 10.8 | 20.3 | 26.1 | 20.1 | 23.0% |
| South Korea | 14.2 | 23.0 | 21.0 | 13.3 | -2.2% |
| Malaysia | 6.0 | 9.4 | 9.9 | 11.4 | 23.9% |
| Indonesia | 4.5 | 12.6 | 13.1 | 9.7 | 29.2% |
| Others | 79.4 | 218 | 243 | 231 | 42.8% |
| Total | 241 | 563 | 588 | 528 | 29.9% |
Top Suppliers of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA to China in 2022:
- Vietnam (311.5M units)
- Philippines (101.5M units)
- Japan (83.4M units)
- India (55.5M units)
- United States (50.9M units)
- Malaysia (50.3M units)
- Indonesia (44.1M units)
- South Korea (43.2M units)
- Taiwan (Chinese) (40.1M units)
This report provides an in-depth analysis of the market for electrical transformers with liquid dielectric, of power handling capacity under 1 kva in 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 27114220 - Measuring transformers having a power handling capacity . 1 kVA (including for voltage measurement)
- Prodcom 27114240 - Other transformers, n.e.c., having a power handling capacity. 1 kVA
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in 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:
- 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
-
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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