Central Asia: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA in Central Asia

The Central Asian market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, enjoyed a notable expansion. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA in Central Asia

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA totaled $X in 2022 estimated in export price. In general, production enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Exports in Central Asia

In 2022, the amount of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA exported in Central Asia soared to X units, growing by X% on the previous year. Overall, exports saw a buoyant increase. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2022. Over the period under review, exports saw a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan represented the major exporter of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA in Central Asia, with the volume of exports finishing at X units, which was near X% of total exports in 2022. It was distantly followed by Uzbekistan (X units), comprising a X% share of total exports.

Exports from Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Uzbekistan increased by X percentage points.

In value terms, Kazakhstan ($X) and Uzbekistan ($X) constituted the countries with the highest levels of exports in 2022.

Among the main exporting countries, Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, growing by X% against the previous year. Export price indicated temperate growth 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. Based on 2022 figures, export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while Kazakhstan stood at $X per unit.

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

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Imports in Central Asia

In 2022, purchases abroad of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA decreased by X% to X units, falling for the third consecutive year after three years of growth. Total imports indicated modest growth from 2012 to 2022: its volume 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, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA declined to $X in 2022. In general, imports saw a pronounced decline. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Uzbekistan was the major importer of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA in Central Asia, with the volume of imports amounting to X units, which was approx. X% of total imports in 2022. Kazakhstan (X units) ranks second in terms of the total imports with a X% share, followed by Tajikistan (X%), Turkmenistan (X%) and Mongolia (X%). Kyrgyzstan (X units) followed a long way behind the leaders.

Uzbekistan was also the fastest-growing in terms of the electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA imports, with a CAGR of X% from 2012 to 2022. At the same time, Tajikistan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. By contrast, Kazakhstan (X%), Turkmenistan (X%) and Mongolia (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.) and Tajikistan (X p.p.) significantly strengthened its position in terms of the total imports, while Turkmenistan, Mongolia and Kazakhstan saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Tajikistan ($X), with a combined X% share of total imports.

Among the main importing countries, Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, growing by X% against the previous year. In general, the import price, however, saw a noticeable descent. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mongolia ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform