Central Asia: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA 2025

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA in Central Asia

The Central Asian market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA was finally on the rise to reach $X in 2022, after nine years of decline. Over the period under review, consumption continues to indicate a abrupt shrinkage. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA in Central Asia

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA totaled $X in 2022 estimated in export price. In general, production, however, showed a abrupt contraction. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA

Exports in Central Asia

In 2022, approx. X units of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA were exported in Central Asia; reducing by -48.3% on the year before. In general, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 3,606%. As a result, the exports attained the peak of X units, and then declined dramatically in the following year.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA shrank significantly to $X in 2022. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 859% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Kyrgyzstan was the key exporting country with an export of about X units, which recorded 63% of total exports. It was distantly followed by Kazakhstan (X units), creating a 31% share of total exports. Tajikistan (X units) followed a long way behind the leaders.

Kyrgyzstan 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 +35.2% from 2012 to 2022. At the same time, Kazakhstan (+1.7%) displayed positive paces of growth. By contrast, Tajikistan (-16.5%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (+57 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kazakhstan (-22.7 p.p.) and Tajikistan (-35.8 p.p.) displayed negative dynamics.

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA supplying countries in Central Asia were Kazakhstan ($X), Kyrgyzstan ($X) and Tajikistan ($X), together accounting for 96% of total exports.

Among the main exporting countries, Kyrgyzstan, with a CAGR of +4.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, growing by 9.5% against the previous year. Overall, the export price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2019 when the export price increased by 110%. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 ($X per unit), while Tajikistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tajikistan (+17.0%), while the other leaders experienced a decline in the export price figures.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA

Imports in Central Asia

In 2022, the amount of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA imported in Central Asia reduced sharply to X units, dropping by -45.3% against the year before. Overall, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 983%. Over the period under review, imports of reached the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA dropped markedly to $X in 2022. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 90% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Kazakhstan prevails in kVA structure, finishing at X units, which was approx. 94% of total imports in 2022. Turkmenistan (X units) held a little share of total imports.

Imports into Kazakhstan decreased at an average annual rate of -14.2% from 2012 to 2022. Turkmenistan (-6.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan decreased by -3.4 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in Central Asia, comprising 44% of total imports. The second position in the ranking was taken by Turkmenistan ($X), with a 4.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan totaled -16.9%.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, increasing by 54% against the previous year. Overall, the import price saw a tangible expansion. The growth pace was the most rapid in 2019 an increase of 161%. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (-3.1%).

Source: IndexBox Platform

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