Bangladesh - Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bangladesh - Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA - Market Analysis, Forecast, Size, Trends And Insights

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Price for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Bangladesh - 2022

Contents:

  1. Price for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Bangladesh (CIF) - 2022
  2. Price for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Bangladesh (FOB) - 2022
  3. Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Bangladesh
  4. Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Bangladesh

Price for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Bangladesh (CIF) - 2022

The average import price for electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA stood at $20,354 per unit in 2022, shrinking by -21.2% against the previous year. In general, the import price saw a pronounced contraction. The growth pace was the most rapid in 2015 an increase of 62%. As a result, import price attained the peak level of $45,191 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($55,876 per unit), while the price for Italy ($2,674 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+70.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Bangladesh (FOB) - 2022

In 2022, the average export price for electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA amounted to $13,615 per unit, dropping by -35% against the previous year. In general, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 388% against the previous year. As a result, the export price attained the peak level of $76,000 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +8.4% per year.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Bangladesh

In 2022, imports of electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA into Bangladesh expanded rapidly to 590 units, growing by 12% against the previous year's figure. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA dropped to $12M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 31%. As a result, imports reached the peak of $14M, and then declined in the following year.

Import of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5.43.65.04.0-9.5%
China1.23.93.73.644.2%
Russia0.20.11.21.281.7%
United Kingdom0.50.60.70.817.0%
Italy0.60.70.60.75.3%
Japan0.30.40.50.518.6%
Germany0.40.30.50.3-9.1%
South KoreaN/A0.20.70.322.5%
MalaysiaN/AN/AN/AN/A0%
Others0.40.50.70.614.5%
Total9.110.413.612.09.7%

Top Suppliers of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA to Bangladesh in 2022:

  1. Italy (262.0 units)
  2. China (118.0 units)
  3. India (104.0 units)
  4. United Kingdom (30.0 units)
  5. Russia (21.0 units)
  6. Malaysia (10.0 units)
  7. South Korea (9.0 units)
  8. Japan (7.0 units)
  9. Germany (6.0 units)

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Bangladesh

In 2022, exports of electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA from Bangladesh skyrocketed to 46 units, jumping by 18% on the year before. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +27.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +109.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 82% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA fell markedly to $626K in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 88%. As a result, the exports attained the peak of $817K, and then fell rapidly in the following year.

Export of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India31243544962626.1%
OthersN/AN/A368N/A0%
Total31243581762626.1%

Top Export Markets for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA from Bangladesh in 2022:

  1. India (46.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for electrical transformers with non-liquid dielectric, of power handling capacity over 500 kva in Bangladesh. 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 27114380 - Transformers, n.e.c., having a power handling capacity > .500 kVA

Country coverage:

  • Bangladesh

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bangladesh
  • 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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Free Data: Transformers; n.e.s. in item no. 8504.2, having a power handling capacity exceeding 500kVA - Bangladesh