Algeria: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Algeria

The Algerian market for electrical transformers with liquid dielectric, of power handling capacity over X kVA stood at $X in 2022, rising by 5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a dramatic contraction. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Exports from Algeria

Exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA from Algeria amounted to X units in 2022, approximately reflecting the year before. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 100% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA stood at $X in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2017 when exports increased by 219%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Italy (X units) was the main destination for exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA from Algeria, with a approx. 100% share of total exports.

From 2016 to 2022, the average annual growth rate of volume to Italy was relatively modest.

In value terms, Italy ($X) also remains the key foreign market for electrical transformers with liquid dielectric, of power handling capacity over X kVA exports from Algeria.

From 2016 to 2022, the average annual growth rate of value to Italy amounted to +8.1%.

Export Prices by Country

The average export price for electrical transformers with liquid dielectric, of power handling capacity over X kVA stood at $X per unit in 2022, remaining constant against the previous year. Over the period from 2016 to 2022, it increased at an average annual rate of +8.1%. The most prominent rate of growth was recorded in 2017 an increase of 60% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2016 to 2022, the rate of growth in terms of prices for Italy amounted to +8.1% per year.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Imports into Algeria

In 2022, after two years of growth, there was decline in overseas purchases of electrical transformers with liquid dielectric, of power handling capacity over X kVA, when their volume decreased by -2.9% to X units. Overall, imports faced a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 129% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA soared to $X in 2022. In general, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 118% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X units), Spain (X units) and Croatia (X units) were the main suppliers of imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA to Algeria, with a combined 61% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +6.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity over X kVA to Algeria, comprising 55% of total imports. The second position in the ranking was taken by Spain ($X), with an 18% share of total imports. It was followed by South Korea, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value from India stood at +32.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-5.0% per year) and South Korea (+22.6% per year).

Import Prices by Country

The average import price for electrical transformers with liquid dielectric, of power handling capacity over X kVA stood at $X per unit in 2022, rising by 19% against the previous year. Over the period under review, the import price enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 83% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per unit), while the price for Croatia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+107.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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