CIS: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA 2024

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA in CIS

The CIS market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA shrank slightly to $X in 2022, declining by X% against the previous year. Overall, consumption saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA shrank modestly to $X in 2022 estimated in export price. Overall, production recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA

Exports in CIS

In 2022, shipments abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased by X% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA fell to $X in 2022. Overall, exports continue to indicate pronounced growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

Russia was the largest exporter of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in the CIS, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by Belarus (X units) and Moldova (X units), together constituting a X% share of total exports.

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

In value terms, Russia ($X) remains the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (X% per year) and Moldova (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price saw a deep slump. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Moldova ($X per unit) was amongst the lowest.

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

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA

Imports in CIS

In 2022, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kva to X kva in the CIS amounted to X units, growing by X% against the year before. Overall, imports enjoyed a noticeable expansion. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA shrank significantly to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Russia was the main importer of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in the CIS, with the volume of imports finishing at X units, which was approx. X% of total imports in 2022. Moldova (X units) took the second position in the ranking, followed by Belarus (X units), Kazakhstan (X units) and Azerbaijan (X units). All these countries together took approx. X% share of total imports. Armenia (X units) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Moldova (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%), Azerbaijan (X%) and Armenia (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.) and Moldova (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belarus (X p.p.), Kazakhstan (X p.p.), Armenia (X p.p.) and Azerbaijan (X p.p.) displayed negative dynamics.

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA importing markets in the CIS were Belarus ($X), Russia ($X) and Kazakhstan ($X), with a combined X% share of total imports. Azerbaijan, Moldova and Armenia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Moldova, 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 the CIS amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price recorded a noticeable contraction. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2020 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 Kazakhstan ($X per unit), while Moldova ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform