Asia-Pacific: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA 2024

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Asia-Pacific

The Asia-Pacific market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA soared to $X in 2022, picking up by X% against the previous year. The total consumption indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over X kVA in Asia-Pacific

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA rose modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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

Exports in Asia-Pacific

For the fourth consecutive year, Asia-Pacific recorded growth in shipments abroad of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA, which increased by X% to X units in 2022. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports of attained the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA surged to $X in 2022. Total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Thailand prevails in kVA structure, finishing at X units, which was approx. X% of total exports in 2022. China (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to electrical transformers with non-liquid dielectric, of power handling capacity over X kVA exports from Thailand stood at X%. At the same time, China (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Thailand (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest electrical transformers with non-liquid dielectric, of power handling capacity over X kVA supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports.

In China, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, waning by X% against the previous year. In general, the export price, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per unit), while Thailand amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%).

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

Imports in Asia-Pacific

In 2022, overseas purchases of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA increased by X% to X units, rising for the fifth consecutive year after two years of decline. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA rose significantly to $X in 2022. Over the period under review, imports, however, recorded a mild curtailment. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the one major importers of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA, namely Thailand, represented more than two-thirds of total import.

Thailand was also the fastest-growing in terms of the electrical transformers with non-liquid dielectric, of power handling capacity over X kVA imports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Thailand increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported electrical transformers with non-liquid dielectric, of power handling capacity over X kVA in Asia-Pacific.

In Thailand, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to X% per year.

Source: IndexBox Platform