Peru: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA in Peru

The Peruvian market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA declined significantly to $X in 2022, shrinking by X% against the previous year. Overall, consumption recorded a abrupt contraction. 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 Liquid Dielectric, of Power Handling Capacity from X kVA - X kVA in Peru

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA stood at $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Exports from Peru

In 2022, the amount of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA exported from Peru soared to X units, increasing by X% on 2021. In general, exports posted a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA surged to $X in 2022. Overall, exports continue to indicate a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Ecuador (X units) was the main destination for exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA from Peru, with a X% share of total exports. Moreover, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA to Ecuador exceeded the volume sent to the second major destination, Brazil (X units), ninefold. Bolivia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Ecuador stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Bolivia (X% per year).

In value terms, Ecuador ($X) remains the key foreign market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Bolivia ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ecuador stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (X% per year) and Chile (X% per year).

Export Prices by Country

In 2022, the average export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA amounted to $X per unit, increasing by X% against the previous year. Overall, the export price, however, recorded a abrupt slump. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Brazil ($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 a decline.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Imports into Peru

Imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA into Peru contracted remarkably to X units in 2022, shrinking by X% compared with the previous year's figure. Over the period under review, imports faced a deep setback. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA plummeted to $X in 2022. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

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

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

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA suppliers to Peru were Brazil ($X), India ($X) and Italy ($X), together comprising X% of total imports. China, the United States, Vietnam and Turkey lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Italy ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform