Canada: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA in Canada

The Canadian market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA declined significantly to $X in 2022, dropping by -54.2% against the previous year. Overall, consumption recorded a drastic downturn. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from X kVA - X kVA in Canada

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA declined remarkably to $X in 2022 estimated in export price. In general, production, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 when the production volume increased by 109%. As a result, production reached the peak level of $X, and then contracted markedly in the following year.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Exports from Canada

In 2022, after five years of growth, there was decline in overseas shipments of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA, when their volume decreased by -0.3% to X units. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 837%. As a result, the exports attained the peak of X units, leveling off in the following year.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA skyrocketed to $X in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA from Canada, with a 97% share of total exports. It was followed by Cayman Islands (X units), with a 1.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +55.6%.

In value terms, the United States ($X) remains the key foreign market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA exports from Canada, comprising 99% of total exports. The second position in the ranking was held by Cayman Islands ($X), with a 0.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +4.4%.

Export Prices by Country

In 2022, the average export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA amounted to $X per unit, with an increase of 21% against the previous year. Over the period under review, the export price, however, recorded a precipitous decrease. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Cayman Islands amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-32.9%).

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Imports into Canada

In 2022, approx. X units of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA were imported into Canada; surging by 8.1% against 2021 figures. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,110% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA expanded notably to $X in 2022. In general, imports, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 35%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA to Canada, accounting for a 61% share of total imports. Moreover, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA from the United States exceeded the figures recorded by the second-largest supplier, China (X units), twofold.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+190.7% per year) and India (+131.9% per year).

In value terms, the United States ($X) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA to Canada, comprising 66% of total imports. The second position in the ranking was taken by India ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled -5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+131.1% per year) and China (+77.5% per year).

Import Prices by Country

The average import price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA stood at $X per unit in 2022, standing approx. at the previous year. Overall, the import price, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 178%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :