Southern Asia: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA in Southern Asia

The South Asian market for electrical transformers with liquid dielectric, of power handling capacity under X kVA shrank to $X in 2022, falling by X% against the previous year. The total consumption indicated a buoyant expansion 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 reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under X kVA in Southern Asia

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity under X kVA dropped to $X in 2022 estimated in export price. The total production indicated a moderate expansion 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth remained at a lower figure.

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Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA

Exports in Southern Asia

In 2022, shipments abroad of electrical transformers with liquid dielectric, of power handling capacity under X kVA increased by X% to X units, rising for the second year in a row after three years of decline. Overall, exports showed a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA soared to $X in 2022. Total exports indicated resilient 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, India (X units) was the main exporter of electrical transformers with liquid dielectric, of power handling capacity under X kVA, comprising X% of total exports. It was distantly followed by Sri Lanka (X units), comprising a X% share of total exports.

India was also the fastest-growing in terms of the electrical transformers with liquid dielectric, of power handling capacity under X kVA exports, with a CAGR of X% from 2012 to 2022. Sri Lanka experienced a relatively flat trend pattern. From 2012 to 2022, the share of India increased by X percentage points.

In value terms, India ($X) remains the largest electrical transformers with liquid dielectric, of power handling capacity under X kVA supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in India amounted to X%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, stabilizing at the previous year. Overall, the export price, however, continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2020 an increase of X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per unit), while India totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%).

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA

Imports in Southern Asia

In 2022, imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA in Southern Asia skyrocketed to X units, rising by X% against the previous year. In general, imports saw a significant expansion. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA stood at $X in 2022. Overall, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2019 when imports increased by X%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA in 2022 were India (X units), together finishing at X% of total import.

India was also the fastest-growing in terms of the electrical transformers with liquid dielectric, of power handling capacity under X kVA imports, with a CAGR of X% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity under X kVA in Southern Asia.

In India, imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price showed a abrupt setback. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Source: IndexBox Platform