Central Asia: 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 Central Asia

In 2022, the Central Asian market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA decreased by X% to $X, falling for the third year in a row after two years of growth. The total consumption indicated moderate growth 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 decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA reached $X in 2022 estimated in export price. Overall, production posted a strong increase. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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

Exports in Central Asia

After three years of decline, shipments abroad of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA increased by X% to X units in 2022. Over the period under review, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA skyrocketed to $X in 2022. Overall, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

The shipments of the two major exporters of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA, namely Kazakhstan and Uzbekistan, represented more than two-thirds of total export.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%).

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

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

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, rising 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 non-liquid dielectric, of power handling capacity over X kVA increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, 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 Uzbekistan (X%).

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

Imports in Central Asia

In 2022, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kva in Central Asia expanded markedly to X units, growing by X% against 2021 figures. Total imports indicated a perceptible increase 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 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The volume of import peaked at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA dropped modestly to $X in 2022. Overall, imports continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kazakhstan (X units) and Uzbekistan (X units) represented the key importers of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA in Central Asia, together comprising X% of total imports. Tajikistan (X units) held the next position in the ranking, followed by Mongolia (X units). All these countries together held near X% share of total imports. Kyrgyzstan (X units) and Turkmenistan (X units) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Mongolia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Among the main importing countries, Mongolia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, dropping by X% against the previous year. Overall, the import price continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform