Vietnam - Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Vietnam - 2022
Contents:
- Price for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Vietnam (CIF) - 2022
- Price for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Vietnam (FOB) - 2022
- Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Vietnam
- Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Vietnam
Price for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Vietnam (CIF) - 2022
In 2022, the average import price for electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA amounted to $30,120 per unit, picking up by 7.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 8.6%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($30,769 per unit) and China ($30,245 per unit), while the price for Italy ($30,179 per unit) and Taiwan (Chinese) ($30,191 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.8%), 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 Vietnam (FOB) - 2022
The average export price for electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA stood at $31,143 per unit in 2022, with an increase of 18% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2019 an increase of 49% against the previous year. The export price peaked at $32,868 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($38,947 per unit), while the average price for exports to Japan ($550 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 South Korea (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Vietnam
For the third year in a row, Vietnam recorded decline in overseas purchases of electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA, which decreased by -17.2% to 1.1K units in 2022. Over the period under review, imports saw a sharp reduction. Imports peaked at 2.7K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA declined to $34M in 2022. Overall, imports saw a sharp decline. Imports peaked at $71M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.3 | 10.5 | 24.5 | 19.9 | -7.7% |
| South Korea | 34.4 | 31.5 | 7.2 | 10.1 | -33.5% |
| Italy | 2.4 | 0.9 | 1.1 | 1.7 | -10.9% |
| Taiwan (Chinese) | 2.3 | 1.1 | 2.6 | 1.1 | -21.8% |
| Japan | 1.2 | 2.6 | N/A | 0.7 | -16.4% |
| Austria | 1.4 | 4.5 | N/A | N/A | 221.4% |
| Others | 3.9 | 2.9 | 2.9 | 0.9 | -38.7% |
| Total | 70.9 | 53.9 | 38.4 | 34.2 | -21.6% |
Top Suppliers of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA to Vietnam in 2022:
- China (658.0 units)
- South Korea (334.0 units)
- Italy (55.0 units)
- Taiwan (Chinese) (35.0 units)
- Japan (22.0 units)
Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Vietnam
Exports of electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA from Vietnam rose rapidly to 38 units in 2022, increasing by 12% against 2021. The total export volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 when exports increased by 16%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA skyrocketed to $1.2M in 2022. The total export value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports of reached the peak figure at $1.2M in 2020; afterwards, it flattened through to 2022.
| Export of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | N/A | 143 | N/A | 899 | 150.7% |
| Philippines | 121 | 46.7 | 727 | 234 | 24.6% |
| Brunei Darussalam | N/A | N/A | N/A | 25.0 | 0% |
| Cambodia | 73.7 | 164 | N/A | 14.2 | -42.2% |
| South Korea | N/A | N/A | N/A | 7.0 | 0% |
| Austria | N/A | N/A | N/A | 3.2 | 0% |
| Malaysia | N/A | 1.4 | N/A | 0.7 | -29.3% |
| Japan | N/A | N/A | 0.6 | 0.6 | 0.0% |
| Germany | N/A | 168 | 4.0 | N/A | -97.6% |
| United States | N/A | 182 | N/A | N/A | 0% |
| Myanmar | 47.0 | N/A | 36.6 | N/A | -11.8% |
| Australia | 668 | 511 | N/A | N/A | -23.5% |
| Canada | N/A | N/A | 93.5 | N/A | 0% |
| Others | 31.4 | N/A | 35.0 | 0.6 | -73.3% |
| Total | 941 | 1,216 | 897 | 1,183 | 7.9% |
Top Export Markets for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA from Vietnam in 2022:
- Lao People's Democratic Republic (25.0 units)
- Philippines (6.0 units)
- Brunei Darussalam (1.0 units)
- Cambodia (1.0 units)
- Malaysia (1.0 units)
- Austria (1.0 units)
- Japan (1.0 units)
- South Korea (1.0 units)
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 Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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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