China: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in China

The Chinese market for electrical transformers with liquid dielectric, of power handling capacity over X kVA shrank to $X in 2022, which is down by X% against the previous year. Overall, consumption faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the market value increased by X%. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over X kVA in China

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity over X kVA declined to $X in 2022 estimated in export price. In general, production showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Exports from China

In 2022, exports of electrical transformers with liquid dielectric, of power handling capacity over X kva from China surged to X units, picking up by X% against 2021 figures. The total export volume 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at X units in 2020; afterwards, it flattened through to 2022.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA surged to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports by Country

Bangladesh (X units), Indonesia (X units) and the Philippines (X units) were the main destinations of exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA from China, with a combined X% share of total exports. Mexico, Australia, Nigeria, India, Lao People's Democratic Republic, Egypt, Vietnam, Saudi Arabia, Peru and Chile lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for electrical transformers with liquid dielectric, of power handling capacity over X kVA exported from China were Indonesia ($X), Bangladesh ($X) and the Philippines ($X), together comprising X% of total exports. Mexico, Chile, Australia, Nigeria, Vietnam, Saudi Arabia, Egypt, Peru, Lao People's Democratic Republic and India lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Saudi Arabia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for electrical transformers with liquid dielectric, of power handling capacity over X kVA stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure 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 destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Mexico ($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 Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Imports into China

In 2022, approx. X units of electrical transformers with liquid dielectric, of power handling capacity over X kVA were imported into China; declining by X% against 2021 figures. Over the period under review, imports, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA contracted markedly to $X in 2022. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest electrical transformers with liquid dielectric, of power handling capacity over X kVA supplier to China, with a X% share of total imports. Moreover, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X units), twofold. Italy (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Italy (X% per year).

In value terms, Sweden ($X), Germany ($X) and South Korea ($X) were the largest electrical transformers with liquid dielectric, of power handling capacity over X kVA suppliers to China, with a combined X% share of total imports. Italy and Japan lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Italy, 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 over X kVA stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price showed a abrupt setback. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X,216 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X,534 per unit), while the price for Japan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform