CIS: 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 CIS

In 2023, the CIS market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA increased by X% to $X, rising for the fifth consecutive year after four years of decline. In general, consumption, however, saw a perceptible contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

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

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA totaled $X in 2023 estimated in export price. Overall, production, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2023, production of growth remained at a somewhat lower figure.

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

Exports in CIS

In 2023, approx. X units of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA were exported in the CIS; growing by X% compared with 2022. Over the period under review, exports, however, saw a pronounced contraction. Over the period under review, the exports of hit record highs at X units in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA soared to $X in 2023. Overall, exports, however, showed a deep setback. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

Belarus represented the key exporting country with an export of around X units, which resulted at X% of total exports. Russia (X units) ranks second in terms of the total exports with a X% share, followed by Kazakhstan (X%).

Exports from Belarus decreased at an average annual rate of X% from 2012 to 2023. At the same time, Russia (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2023. While the share of Russia (X p.p.) and Kazakhstan (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Belarus (X p.p.) displayed negative dynamics.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Belarus stood at X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Russia (X% per year).

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, continues to indicate a pronounced decrease. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the export price figures.

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

Imports in CIS

In 2023, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA in the CIS skyrocketed to X units, growing by X% on the previous year's figure. Over the period under review, imports, however, saw a noticeable shrinkage. The volume of import peaked at X units in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA soared to $X in 2023. Overall, imports, however, saw a deep downturn. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Russia (X units) was the main importer of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA, mixing up X% of total imports. Uzbekistan (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Azerbaijan (X%). The following importers - Tajikistan (X units), Moldova (X units), Belarus (X units) and Kyrgyzstan (X units) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA imports into Russia stood at X%. At the same time, Uzbekistan (X%) and Tajikistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2023. Azerbaijan, Belarus and Moldova experienced a relatively flat trend pattern. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.), Tajikistan (X p.p.) and Azerbaijan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA in the CIS, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Russia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2023, with a decrease of X% against the previous year. In general, the import price continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2022 an increase of X%. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Kyrgyzstan ($X per unit), while Tajikistan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform