Southern Asia: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA 2024

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA in Southern Asia

For the fourth consecutive year, the South Asian market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA recorded growth in sales value, which increased by X% to $X in 2023. In general, consumption, however, recorded a abrupt descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Production of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA in Southern Asia

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA dropped to $X in 2023 estimated in export price. Overall, production recorded a abrupt decrease. The growth pace was the most rapid in 2022 with an increase of X%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA

Exports in Southern Asia

In 2023, shipments abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased by X% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports saw a tangible increase. The pace of growth was the most pronounced in 2016 when exports increased by X%. The volume of export peaked at X units in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2023. In general, exports continue to indicate resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the one major exporters of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA supplier in Southern Asia.

In India, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Southern Asia amounted to $X per unit, rising by X% against the previous year. Overall, the export price saw a temperate increase. The pace of growth appeared the most rapid in 2019 an increase of X%. The level of export peaked at $X per unit in 2020; however, from 2021 to 2023, the export prices stood at a somewhat lower figure.

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

From 2012 to 2023, the rate of growth in terms of prices for India amounted to X% per year.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA

Imports in Southern Asia

In 2023, overseas purchases of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased by X% to X units, rising for the third year in a row after two years of decline. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2022 with an increase of X%. Over the period under review, imports of attained the maximum in 2023 and are likely to see gradual growth in the immediate term.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA contracted to $X in 2023. In general, imports saw a notable expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2020; however, from 2021 to 2023, imports remained at a lower figure.

Imports by Country

India (X units) represented roughly X% of total imports in 2023.

India was also the fastest-growing in terms of the electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA imports, with a CAGR of X% from 2012 to 2023. While the share of India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In India, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per unit, reducing by X% against the previous year. Overall, the import price faced a dramatic descent. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, the rate of growth in terms of prices for India amounted to X% per year.

Source: IndexBox Platform