Overview of the Global Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

The global market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA rose remarkably to $X in 2022, increasing by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the global market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA shrank to $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 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, global production of growth remained at a somewhat lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Exports

In 2022, global exports of electrical transformers with liquid dielectric, of power handling capacity from X kva to X kva surged to X units, jumping by X% against the previous year. Over the period under review, exports, however, recorded a relatively flat trend pattern. The global exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2022. In general, total exports indicated a remarkable increase 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 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the main exporting country with an export of around X units, which reached X% of total exports. Poland (X units) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Turkey (X%), Mexico (X%), Thailand (X%) and Malaysia (X%). Hungary (X units), Belarus (X units), Singapore (X units), Spain (X units), Italy (X units), South Korea (X units) and India (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Malaysia (X%), Thailand (X%), Hungary (X%), Turkey (X%), Mexico (X%), Poland (X%), Belarus (X%), South Korea (X%) and Spain (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, India (X%), Italy (X%) and Singapore (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Thailand (X p.p.), Malaysia (X p.p.), Turkey (X p.p.), Poland (X p.p.), Mexico (X p.p.), Hungary (X p.p.) and Belarus (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Italy (X p.p.) and Singapore (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), China ($X) and Turkey ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of global exports. South Korea, Poland, Italy, Hungary, India, Belarus, Spain, Malaysia, Thailand and Singapore lagged somewhat behind, together accounting for a further X%.

Malaysia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global 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 from X kVA to X kVA stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price 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. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. The global export price peaked at $X per unit in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while Singapore ($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 other global leaders experienced more modest paces of growth.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Imports

In 2022, approx. X units of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA were imported worldwide; growing by X% compared with the previous year's figure. Overall, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Global imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2022. Over the period under review, total imports indicated buoyant 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, imports increased by X% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The UK prevails in kVA structure, resulting at X units, which was near X% of total imports in 2022. Singapore (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Spain (X%) and the United States (X%). The following importers - Hong Kong SAR (X units), the Netherlands (X units), Sweden (X units), Denmark (X units) and the Philippines (X units) - together made up X% of total imports.

Imports into the UK decreased at an average annual rate of X% from 2012 to 2022. At the same time, Spain (X%), Sweden (X%), the Philippines (X%), the Netherlands (X%), Denmark (X%), Hong Kong SAR (X%), the United States (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Spain (X p.p.), Singapore (X p.p.), the United States (X p.p.), Hong Kong SAR (X p.p.), the Netherlands (X p.p.), Sweden (X p.p.), Denmark (X p.p.) and the Philippines (X p.p.) significantly strengthened its position in terms of the global imports, while the UK saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA worldwide, comprising X% of global imports. The second position in the ranking was taken by Spain ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

In the United States, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Spain (X% per year) and the UK (X% per year).

Import Prices by Country

The average import price for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price, however, posted a prominent expansion. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Global import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the UK ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform