Canada: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA 2024

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA in Canada

In 2022, the Canadian market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate a mild reduction. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA in Canada

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA declined slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth failed to regain momentum.

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Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA

Exports from Canada

In 2022, overseas shipments of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA decreased by X% to X units, falling for the fifth year in a row after four years of growth. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA from Canada, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%.

In value terms, the United States ($X) also remains the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exports from Canada.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%.

Export Prices by Country

In 2022, the average export price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, jumping by X% against the previous year. In general, the export price, however, saw a perceptible slump. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

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

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA

Imports into Canada

In 2022, approx. X units of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA were imported into Canada; with a decrease of X% against 2021 figures. In general, imports recorded a mild contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Mexico (X units), China (X units) and the United States (X units) were the main suppliers of imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to Canada, with a combined X% share of total imports. India, Germany and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Mexico ($X) constituted the largest supplier of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to Canada, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with an X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average import price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, surging by X% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average 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 Mexico ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform