Bangladesh: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA in Bangladesh

The Bangladeshi market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA was finally on the rise to reach $X in 2022, after four years of decline. In general, consumption, however, saw a deep contraction. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Exports from Bangladesh

Exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA from Bangladesh declined markedly to X units in 2022, waning by X% against the year before. Overall, exports, however, posted a pronounced expansion. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA declined to $X in 2022. Over the period under review, exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X units), Vietnam (X units) and Nepal (X units) were the main destinations of exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA from Bangladesh, with a combined X% share of total exports. Moreover, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA in India exceeded the figures recorded by the second-largest exporter, Vietnam, twofold.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X) emerged as the key foreign market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA exports from Bangladesh, comprising X% of total exports. The second position in the ranking was held by Nepal ($X), with a X% share of total exports. It was followed by Vietnam, with an X% share.

From 2012 to 2022, the average annual growth rate of value to India was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the average export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA amounted to $X per unit, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a abrupt shrinkage. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nepal ($X per unit), while the average price for exports to Vietnam ($X 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 Belgium (X%), while the prices for the other major destinations experienced mixed trend patterns.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Imports into Bangladesh

In 2022, after four years of decline, there was significant growth in overseas purchases of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA, when their volume increased by X% to X units. Overall, imports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA skyrocketed to $X in 2022. In general, imports, however, faced a sharp descent. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

India (X units), China (X units) and Brazil (X units) were the main suppliers of imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA to Bangladesh, with a combined X% share of total imports. The United Arab Emirates, Switzerland, Sweden and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA suppliers to Bangladesh were India ($X), Brazil ($X) and China ($X), with a combined X% share of total imports. The United Arab Emirates, Germany, Switzerland and Sweden lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform