China - Electrical Transformers - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingElectrical Transformer Price in China - 2023
Contents:
- Electrical Transformer Price in China (FOB) - 2022
- Electrical Transformer Price in China (CIF) - 2022
- Electrical Transformer Exports in China
- Electrical Transformer Imports in China
Electrical Transformer Price in China (FOB) - 2022
In 2022, the average electrical transformer export price amounted to $1.4 per unit, with a decrease of -67.1% against the previous year. In general, the export price showed a sharp setback. The pace of growth appeared the most rapid in 2016 an increase of 64% against the previous year. As a result, the export price attained the peak level of $52 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3.3 per unit), while the average price for exports to South Korea ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-19.3%), while the prices for the other major destinations experienced a decline.
Electrical Transformer Price in China (CIF) - 2022
In 2022, the average electrical transformer import price amounted to $0.8 per unit, reducing by -79.8% against the previous year. In general, the import price saw a sharp decline. The pace of growth appeared the most rapid in 2017 an increase of 83% against the previous year. The import price peaked at $47 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($1.2 per unit), while the price for Indonesia ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-25.5%), while the prices for the other major suppliers experienced a decline.
Electrical Transformer Exports in China
Electrical transformer exports from China skyrocketed to 3.2B units in 2022, rising by 270% on the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electrical transformer exports surged to $4.4B in 2022. The total export value increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electrical Transformer in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 677 | 623 | 723 | 711 | 1.6% |
| United States | 280 | 275 | 243 | 391 | 11.8% |
| Japan | 156 | 137 | 180 | 228 | 13.5% |
| Mexico | 98.2 | 82.9 | 108 | 176 | 21.5% |
| Vietnam | 176 | 201 | 242 | 173 | -0.6% |
| India | 81.5 | 83.4 | 104 | 150 | 22.5% |
| Germany | 110 | 114 | 127 | 143 | 9.1% |
| South Korea | 80.6 | 76.5 | 97.1 | 90.5 | 3.9% |
| Thailand | 43.3 | 35.6 | 77.8 | 73.4 | 19.2% |
| Taiwan (Chinese) | 33.5 | 39.5 | 63.9 | 70.3 | 28.0% |
| Brazil | 42.0 | 50.4 | 42.7 | 65.8 | 16.1% |
| Poland | 23.6 | 26.5 | 34.1 | 38.9 | 18.1% |
| Others | 1,646 | 1,664 | 1,607 | 2,131 | 9.0% |
| Total | 3,447 | 3,409 | 3,649 | 4,440 | 8.8% |
Top Export Markets for Electrical Transformer from China in 2022:
- Hong Kong SAR (1235.1M units)
- Vietnam (225.0M units)
- Japan (205.9M units)
- India (196.6M units)
- Mexico (189.1M units)
- South Korea (180.8M units)
- Germany (147.9M units)
- United States (120.2M units)
- Taiwan (Chinese) (97.3M units)
- Poland (75.6M units)
- Thailand (63.4M units)
- Brazil (52.9M units)
Electrical Transformer Imports in China
For the fourth consecutive year, China recorded growth in supplies from abroad of electrical transformers, which increased by 335% to 935M units in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 347%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, electrical transformer imports reduced to $740M in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. As a result, imports attained the peak of $841M, and then dropped in the following year.
| Import of Electrical Transformer in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 85.0 | 100 | 134 | 103 | 6.6% |
| Vietnam | 53.7 | 47.9 | 68.3 | 73.7 | 11.1% |
| United States | 57.6 | 45.8 | 73.7 | 54.2 | -2.0% |
| Philippines | 72.0 | 53.9 | 37.0 | 35.0 | -21.4% |
| South Korea | 39.6 | 26.8 | 34.6 | 31.7 | -7.1% |
| Taiwan (Chinese) | 23.9 | 18.6 | 31.6 | 25.9 | 2.7% |
| India | 9.9 | 10.3 | 28.2 | 23.3 | 33.0% |
| Malaysia | 11.5 | 8.3 | 12.2 | 16.9 | 13.7% |
| Indonesia | 8.5 | 11.3 | 14.2 | 10.7 | 8.0% |
| Thailand | 9.9 | 9.6 | 10.5 | 8.8 | -3.9% |
| Others | 230 | 298 | 397 | 357 | 15.8% |
| Total | 602 | 631 | 841 | 740 | 7.1% |
Top Suppliers of Electrical Transformer to China in 2022:
- Vietnam (320.5M units)
- Philippines (104.6M units)
- Japan (88.6M units)
- India (57.1M units)
- United States (55.8M units)
- Malaysia (52.1M units)
- Indonesia (47.8M units)
- South Korea (46.9M units)
- Taiwan (Chinese) (43.0M units)
- Thailand (23.0M units)
This report provides an in-depth analysis of the electrical transformer market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27114120 - Liquid dielectric transformers having a power handling capacity . .650 kVA
- Prodcom 27114150 - Liquid dielectric transformers having a power handling capacity > .650 kVA but . .10 .000 kVA
- Prodcom 27114180 - Liquid dielectric transformers having a power handling capacity > .10 .000 kVA
- Prodcom 27114220 - Measuring transformers having a power handling capacity . 1 kVA (including for voltage measurement)
- Prodcom 27114240 - Other transformers, n.e.c., having a power handling capacity. 1 kVA
- Prodcom 27114260 - Other transformers, having a power handling capacity > 1 kVA but . .16 kVA
- Prodcom 27114330 - Transformers, n.e.c., having a power handling capacity > .16 kVA but . .500 kVA
- Prodcom 27114380 - Transformers, n.e.c., having a power handling capacity > .500 kVA
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
1094
This report provides an in-depth analysis of the electrical transformer market in China.
215
This report provides an in-depth analysis of the market for electrical transformers with non-liquid dielectric, of power handling capacity over 500 kva in China.
224
This report provides an in-depth analysis of the market for electrical transformers with non-liquid dielectric, of power handling capacity from 16 kva to 500 kva in China.
241
This report provides an in-depth analysis of the market for electrical transformers with non-liquid dielectric, of power handling capacity from 1 kva to 16 kva in China.
227
This report provides an in-depth analysis of the market for electrical transformers with liquid dielectric, of power handling capacity under 1 kva in China.
369
This report provides an in-depth analysis of the market for electrical transformers with liquid dielectric, of power handling capacity over 10000 kva in China.
311
This report provides an in-depth analysis of the market for electrical transformers with liquid dielectric, of power handling capacity from 650 kva to 10000 kva in China.
286
This report provides an in-depth analysis of the market for electrical transformers with liquid dielectric, of power handling capacity from 1 kva - 650 kva in China.
443
This report provides an in-depth analysis of the market for ballast for discharge lamp in China.
440
This report provides an in-depth analysis of the inductor market in China.
265
In value terms, static converter exports fell to $3.2B in April 2023.
539
Explore the top import markets for electrical transformers worldwide based on data from the IndexBox market intelligence platform. Discover the import values and key statistics for countries such as the United States, Germany, China, and more.
2429
The integrated Malaysian electric power technology group Pestech International Berhad is going to cooperate with China's Shandong Electrical Engineering & Equipment Group (SDEE) to enter the Cambodian power infrastructure market.
715
After two years of growth, the global market for electrical transformers with liquid dielectric, of power handling...
863
In 2016, the amount of ballast for discharge lamp imported worldwide stood at X tons, coming up by X% against the previous year level. In general, ballast for discharge lamp imports continue to i...
790
In 2016, the amount of ballast for discharge lamp imported worldwide stood at X tons, coming up by X% against the previous year level. In general, ballast for discharge lamp imports continue to i...
1683
Global exports of ballasts for discharge lamps showed a consistent decline from 2012 to 2015, amounting to X million USD in 2015. Exports fluctuated mildly before that. There was an annual increase of -X% t
1132
Germany was one of the leaders in the global trade of ballasts for discharge lamps or tubes. In 2014, Germany exported X thousand tons of ballasts for discharge lamps or tubes totaling X million USD, X% under the previous year. Its primary trading
160
Discover the top import markets for inductors worldwide. China, Hong Kong SAR, Germany, and the United States are among the leading countries. Explore key statistics and data from the IndexBox Market Intelligence Platform.
265
In value terms, static converter exports fell to $3.2B in April 2023.
