CIS: 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 CIS

The CIS market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2023, jumping by X% against the previous year. In general, consumption, however, saw a deep contraction. 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 CIS

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X in 2023 estimated in export price. Over the period under review, production, however, recorded a deep downturn. The growth pace was the most rapid in 2021 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

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

Exports in CIS

In 2023, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in the CIS skyrocketed to X units, jumping by X% against the previous year's figure. Over the period under review, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2023, the growth of the exports of 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 surged to $X in 2023. In general, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Russia represented the key exporter of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in the CIS, with the volume of exports accounting for X units, which was approx. X% of total exports in 2023. It was distantly followed by Belarus (X units), making up a X% share of total exports. The following exporters - Kazakhstan (X units) and Kyrgyzstan (X units) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exports from Russia stood at X%. At the same time, Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2023. By contrast, Kazakhstan (X%) and Belarus (X%) illustrated a downward trend over the same period. Russia (X p.p.) and Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Russia, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA shrank by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2023, shrinking by X% against the previous year. In general, the export price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belarus ($X per unit), while Russia ($X per unit) was amongst the lowest.

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

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

Imports in CIS

In 2023, the amount of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA imported in the CIS surged to X units, increasing by X% compared with 2022 figures. Overall, imports, however, continue to indicate a deep downturn. Over the period under review, imports of reached the maximum at X units in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2023. In general, imports, however, showed a abrupt downturn. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

Russia represented the largest importer of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in the CIS, with the volume of imports accounting for X units, which was approx. X% of total imports in 2023. It was distantly followed by Kazakhstan (X units), constituting an X% share of total imports. Azerbaijan (X units), Armenia (X units) and Uzbekistan (X units) held a relatively small share of total imports.

Russia 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. At the same time, Armenia (X%) and Azerbaijan (X%) displayed positive paces of growth. By contrast, Uzbekistan (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Russia, Azerbaijan, Armenia and Uzbekistan increased by X, X, X and X percentage points, respectively.

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA importing markets in the CIS were Kazakhstan ($X), Russia ($X) and Uzbekistan ($X), with a combined X% share of total imports. Azerbaijan and Armenia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Azerbaijan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2023, the import price in the CIS amounted to $X per unit, falling by X% against the previous year. Overall, the import price, however, saw a slight increase. The growth pace was the most rapid 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 2023, the import prices failed to regain momentum.

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 Uzbekistan ($X per unit), while Russia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform