Turkey - Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 7, 2024

Turkey - Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA - Market Analysis, Forecast, Size, Trends And Insights

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Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Turkey - 2024

Contents:

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

Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Turkey (FOB) - 2022

The average export price for electrical transformers with liquid dielectric, of power handling capacity under 1 kVA stood at $5 per unit in 2022, waning by -5.2% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2013 when the average export price increased by 0.7%. As a result, the export price attained the peak level of $11 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($13 per unit), while the average price for exports to Greece ($0.6 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 Switzerland (+5.9%), while the prices for the other major destinations experienced a decline.

Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Turkey (CIF) - 2022

The average import price for electrical transformers with liquid dielectric, of power handling capacity under 1 kVA stood at $2.1 per unit in 2022, reducing by -1.6% against the previous year. Over the last decade, it increased at an average annual rate of +4.6%. The most prominent rate of growth was recorded in 2013 an increase of 25%. Over the period under review, average import prices attained the maximum at $2.1 per unit in 2020; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($29 per unit), while the price for China ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+23.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Turkey

In 2022, after three years of growth, there was decline in shipments abroad of electrical transformers with liquid dielectric, of power handling capacity under 1 kVA, when their volume decreased by -4.7% to 14M units. The total export volume increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 23% against the previous year. Over the period under review, the exports of hit record highs at 15M units in 2021, and then contracted modestly in the following year.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity under 1 kVA reduced to $70M in 2022. In general, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 11%. As a result, the exports attained the peak of $84M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.04.45.86.718.8%
Egypt1.72.22.76.052.3%
Italy3.82.56.55.211.0%
Switzerland5.26.24.85.1-0.6%
Poland4.34.13.84.51.5%
France2.52.02.12.61.3%
Nigeria0.20.20.42.3125.7%
Hungary19.018.513.02.2-51.3%
Iraq1.12.80.62.022.1%
Spain0.60.60.91.329.4%
Netherlands0.20.40.71.071.0%
Greece0.10.30.30.571.0%
Serbia0.10.20.20.344.2%
Others33.240.035.530.4-2.9%
Total76.184.477.369.8-2.8%

Top Export Markets for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA from Turkey in 2022:

  1. Egypt (2.4M units)
  2. Switzerland (1.1M units)
  3. Iraq (1.0M units)
  4. Italy (0.8M units)
  5. Greece (0.7M units)
  6. Hungary (0.7M units)
  7. Germany (0.5M units)
  8. Netherlands (0.4M units)
  9. Poland (0.4M units)
  10. Serbia (0.4M units)
  11. France (0.4M units)
  12. Nigeria (0.4M units)
  13. Spain (0.4M units)

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Turkey

After three years of growth, supplies from abroad of electrical transformers with liquid dielectric, of power handling capacity under 1 kVA decreased by -5.5% to 22M units in 2022. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 24% against the previous year. Imports peaked at 23M units in 2021, and then declined in the following year.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity under 1 kVA contracted to $45M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 25%. As a result, imports attained the peak of $49M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.818.621.922.114.3%
Italy4.35.15.25.15.9%
Germany2.12.12.12.10.0%
Bulgaria1.22.02.51.814.5%
Spain0.40.70.70.826.0%
Thailand1.51.71.50.1-59.5%
Others14.618.214.312.6-4.8%
Total38.948.548.144.74.7%

Top Suppliers of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA to Turkey in 2022:

  1. China (18.5M units)
  2. Bulgaria (1.3M units)
  3. Italy (0.4M units)
  4. Spain (0.3M units)
  5. Germany (0.1M 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 under 1 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 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:

  • 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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