Australia and Oceania: 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 Australia and Oceania

The market for electrical transformers with liquid dielectric, of power handling capacity over X kVA in Australia and Oceania shrank to $X in 2022, waning by -12.3% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over X kVA in Australia and Oceania

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity over X kVA expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when the production volume increased by 8.5% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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

Exports in Australia and Oceania

In 2022, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA in Australia and Oceania fell dramatically to X units, reducing by -66.4% compared with the previous year. In general, exports faced a precipitous descent. The pace of growth appeared the most rapid in 2021 when exports increased by 22,500% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA declined remarkably to $X in 2022. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 1,458% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Australia was the main exporting country with an export of about X units, which accounted for 72% of total exports. It was distantly followed by New Zealand (X units), generating a 26% share of total exports.

Exports from Australia decreased at an average annual rate of -26.1% from 2012 to 2022. At the same time, New Zealand (+25.9%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +25.9% from 2012-2022. New Zealand (+26 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -27.5% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest electrical transformers with liquid dielectric, of power handling capacity over X kVA supplier in Australia and Oceania, comprising 64% of total exports. The second position in the ranking was held by New Zealand ($X), with a 3.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled +6.4%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, increasing by 65% against the previous year. Over the period under review, the export price showed a significant increase. The growth pace was the most rapid in 2020 an increase of 2,362%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+43.9%).

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

Imports in Australia and Oceania

In 2022, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA in Australia and Oceania reduced remarkably to X units, waning by -99% compared with 2021 figures. In general, imports faced a abrupt descent. The pace of growth appeared the most rapid in 2019 when imports increased by 45,114% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA surged to $X in 2022. Over the period under review, imports saw a perceptible decline. The pace of growth was the most pronounced in 2017 with an increase of 67%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X units), distantly followed by New Zealand (X units), Kiribati (X units), Papua New Guinea (X units), Guam (X units) and French Polynesia (X units) represented the major importers of electrical transformers with liquid dielectric, of power handling capacity over X kVA, together generating 93% of total imports. New Caledonia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Kiribati (with a CAGR of +38.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity over X kVA in Australia and Oceania, comprising 75% of total imports. The second position in the ranking was held by New Zealand ($X), with a 21% share of total imports. It was followed by New Caledonia, with a 1.4% share.

In Australia, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA plunged by an average annual rate of -3.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (-5.8% per year) and New Caledonia (-7.5% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, surging by 14,426% against the previous year. In general, the import price recorded a prominent increase. The pace of growth appeared the most rapid in 2020 when the import price increased by 42,345% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while French Polynesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+31.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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