Central Asia: Electrical Transformer Market 2025

Electrical Transformer Market Size in Central Asia

The Central Asian electrical transformer market rose remarkably to $X in 2022, increasing by X% against the previous year. In general, consumption recorded a deep downturn. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Electrical Transformer Production in Central Asia

In value terms, electrical transformer production amounted to $X in 2022 estimated in export price. Overall, production, however, saw a deep contraction. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Electrical Transformer Exports

Exports in Central Asia

In 2022, shipments abroad of electrical transformers decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X units, leveling off in the following year.

In value terms, electrical transformer exports surged to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Kyrgyzstan was the major exporter of electrical transformers in Central Asia, with the volume of exports recording X units, which was approx. X% of total exports in 2022. It was distantly followed by Kazakhstan (X units), constituting a X% share of total exports.

Kyrgyzstan was also the fastest-growing in terms of the electrical transformers exports, with a CAGR of X% from 2012 to 2022. At the same time, Kazakhstan (X%) displayed positive paces of growth. Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) remains the largest electrical transformer supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports.

In Kazakhstan, electrical transformer exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, rising by X% against the previous year. In general, the export price, however, faced a dramatic downturn. The growth pace was the most rapid in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan totaled $X per unit.

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

Electrical Transformer Imports

Imports in Central Asia

In 2022, supplies from abroad of electrical transformers decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, saw a temperate expansion. The growth pace was the most rapid in 2018 when imports increased by X%. The volume of import peaked at X units in 2021, and then shrank remarkably in the following year.

In value terms, electrical transformer imports declined remarkably to $X in 2022. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kazakhstan (X units) represented the main importer of electrical transformers, committing X% of total imports. It was distantly followed by Uzbekistan (X units), making up a X% share of total imports. Mongolia (X units), Kyrgyzstan (X units) and Turkmenistan (X units) held a little share of total imports.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. Turkmenistan and Mongolia experienced a relatively flat trend pattern. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Mongolia and Kazakhstan saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported electrical transformers in Central Asia, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Turkmenistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Turkmenistan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, growing by X% against the previous year. Overall, the import price, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkmenistan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :