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

The South Asian market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X in 2023, increasing by X% against the previous year. Overall, consumption, however, showed a abrupt downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

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 shrank to $X in 2023 estimated in export price. Over the period under review, production showed a abrupt contraction. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. The level of production peaked 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, overseas shipments 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, exports showed a pronounced increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X units in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

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 recorded a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2023, India (X units) was the major exporter of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in Southern Asia, constituting X% 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.

From 2012 to 2023, the average annual rate of growth in terms of value in India amounted to X%.

Export Prices by Country

In 2023, the export price in Southern Asia amounted to $X per unit, increasing by X% against the previous year. In general, the export price continues to indicate a temperate increase. The most prominent rate of growth was recorded 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 failed to regain momentum.

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, purchases 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 year in a row after two years of decline. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. The volume of import peaked in 2023 and is likely to see gradual growth in the near future.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA reduced to $X in 2023. Over the period under review, imports recorded a measured increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2023, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in 2023 were India (X units), together recording X% of total import.

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. From 2012 to 2023, the share of India increased by X percentage points, while 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, with a decrease of X% against the previous year. Over the period under review, the import price faced a sharp decrease. The most prominent rate of growth was recorded in 2016 when the import price increased by 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.

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