Puerto Rico: 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 Puerto Rico

The Puerto Rican market for electrical transformers with liquid dielectric, of power handling capacity over X kVA stood at less than $X in 2021, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern.

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

Exports from Puerto Rico

In 2021, approx. less than X units of electrical transformers with liquid dielectric, of power handling capacity over X kVA were exported from Puerto Rico; remaining relatively unchanged against the previous year. In general, exports recorded a relatively flat trend pattern.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA stood at less than $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern.

Exports by Country

In 2021, Sweden (X units) and the Philippines (X units) represented the main exporters of electrical transformers with liquid dielectric, of power handling capacity over X kVAin the world, together reaching near 34% of total exports. Thailand (X units) ranks next in terms of the total exports with a 22% share, followed by China (15%) and Italy (5.4%). Turkey (X units), Germany (X units), Croatia (X units), Austria (X units), India (X units) and Slovenia (X units) held a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by China (with a CAGR of +89.5%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest electrical transformers with liquid dielectric, of power handling capacity over X kVA supplier from Puerto Rico, comprising 20% of global exports. The second position in the ranking was taken by Italy ($X), with a 7.6% share of global exports. It was followed by Turkey, with a 6.1% share.

In China, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (-0.3% per year) and Turkey (-1.5% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per thousand units in 2021, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Philippines ($X per thousand units), while Thailand ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+228.1%), while the other leaders experienced more modest paces of growth.

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

Imports into Puerto Rico

Imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA into Puerto Rico amounted to less than X units in 2021, remaining relatively unchanged against the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA totaled less than $X in 2021. Over the period under review, imports showed a relatively flat trend pattern.

Imports by Country

Thailand represented the main importer of electrical transformers with liquid dielectric, of power handling capacity over X kVA in the world, with the volume of imports recording X units, which was approx. 76% of total imports in 2021. It was distantly followed by Bolivia (X units), mixing up a 17% share of total imports. The following importers - Malaysia (X units) and the Netherlands (X units) - each accounted for a 3.7% share of total imports.

Imports into Thailand increased at an average annual rate of +18.0% from 2012 to 2021. At the same time, Bolivia (+167.3%), Malaysia (+119.2%) and the Netherlands (+23.7%) displayed positive paces of growth. Moreover, Bolivia emerged as the fastest-growing importer imported in the world, with a CAGR of +167.3% from 2012-2021. From 2012 to 2021, the share of Bolivia and Malaysia increased by +17 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity over X kVA into Puerto Rico, comprising 2.8% of global imports. The second position in the ranking was held by the Netherlands ($X), with a 1.3% share of global imports. It was followed by Thailand, with a 0.6% share.

In Malaysia, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA expanded at an average annual rate of +10.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (+16.3% per year) and Thailand (-2.7% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per thousand units in 2021, approximately reflecting the previous year. In general, the import price showed a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Malaysia ($X per thousand units), while Thailand ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-6.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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