Hong Kong SAR, 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 Hong Kong SAR - 2023
Contents:
- Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Hong Kong SAR (FOB) - 2023
- Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Hong Kong SAR (CIF) - 2023
- Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Hong Kong SAR
- Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Hong Kong SAR
Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Hong Kong SAR (FOB) - 2023
The average export price for electrical transformers with liquid dielectric, of power handling capacity under 1 kVA stood at $482 per thousand units in November 2023, with an increase of 7% against the previous month. Overall, the export price, however, continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 13% month-to-month. The export price peaked at $701 per thousand units in January 2023; however, from February 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Thailand ($1.3 per unit), while the average price for exports to Lithuania ($65.0 per thousand units) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Hong Kong SAR (CIF) - 2023
In November 2023, the average import price for electrical transformers with liquid dielectric, of power handling capacity under 1 kVA amounted to $419 per thousand units, increasing by 9.1% against the previous month. Over the period under review, the import price, however, showed a perceptible setback. The growth pace was the most rapid in September 2023 when the average import price increased by 23% against the previous month. The import price peaked at $586 per thousand units in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($417 per thousand units), while the price for Japan ($179 per thousand units) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+1.1%), while the prices for the other major suppliers experienced a decline.
Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Hong Kong SAR
In 2022, overseas shipments of electrical transformers with liquid dielectric, of power handling capacity under 1 kVA decreased by -11.2% to 1.2B units, falling for the second year in a row after two years of growth. In general, exports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 5.5%. As a result, the exports reached the peak of 1.4B units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity under 1 kVA contracted to $761M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16%. As a result, the exports attained the peak of $811M, and then declined in the following year.
| Export of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 267 | 258 | 259 | 254 | -1.7% |
| United States | 88.5 | 74.3 | 93.2 | 86.8 | -0.6% |
| Germany | 43.1 | 35.5 | 58.9 | 53.0 | 7.1% |
| Thailand | 23.1 | 29.1 | 44.1 | 51.0 | 30.2% |
| Vietnam | 39.0 | 39.0 | 38.8 | 37.5 | -1.3% |
| Japan | 49.5 | 33.2 | 40.0 | 33.4 | -12.3% |
| Mexico | 22.8 | 20.2 | 23.6 | 31.9 | 11.8% |
| Taiwan (Chinese) | 29.5 | 32.9 | 35.5 | 29.7 | 0.2% |
| Malaysia | 12.1 | 14.0 | 24.9 | 23.8 | 25.3% |
| Singapore | 18.2 | 17.1 | 21.6 | 21.3 | 5.4% |
| India | 34.2 | 25.0 | 28.1 | 14.7 | -24.5% |
| Netherlands | 17.5 | 20.5 | 11.7 | 10.9 | -14.6% |
| Austria | 11.3 | 12.3 | 10.0 | 9.3 | -6.3% |
| Others | 98.8 | 91.1 | 121 | 104 | 1.7% |
| Total | 755 | 702 | 811 | 761 | 0.3% |
Top Export Markets for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA from Hong Kong SAR in 2022:
- China (525.3M units)
- Vietnam (114.0M units)
- United States (91.3M units)
- Germany (70.4M units)
- Thailand (46.2M units)
- Taiwan (Chinese) (45.6M units)
- Japan (41.7M units)
- Mexico (39.7M units)
- Malaysia (22.8M units)
- Singapore (22.7M units)
- India (20.6M units)
- Austria (15.1M units)
- Netherlands (11.3M units)
Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Hong Kong SAR
Imports of electrical transformers with liquid dielectric, of power handling capacity under 1 kVA into Hong Kong SAR fell slightly to 1.1B units in 2022, waning by -4.5% on the previous year's figure. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 0.3%. Imports peaked at 1.4B 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 under 1 kVA reduced to $604M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year. As a result, imports reached the peak of $675M, and then contracted in the following year.
| Import of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 544 | 496 | 629 | 551 | 0.4% |
| Vietnam | 9.9 | 7.9 | 6.7 | 8.5 | -5.0% |
| Thailand | 11.7 | 12.7 | 9.5 | 6.8 | -16.5% |
| Japan | 5.2 | 8.6 | 7.3 | 6.7 | 8.8% |
| Others | 38.5 | 34.4 | 22.2 | 31.1 | -6.9% |
| Total | 609 | 560 | 675 | 604 | -0.3% |
Top Suppliers of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA to Hong Kong SAR in 2022:
- China (992.1M units)
- Japan (36.0M units)
- Thailand (22.0M units)
- Vietnam (21.3M 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 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 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:
- 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:
- 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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