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

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

The Central Asian market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA soared to $X in 2022, with an increase of 170% against the previous year. Overall, consumption enjoyed a remarkable increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA soared to $X in 2022 estimated in export price. In general, production showed slight growth. The pace of growth was the most pronounced in 2020 when the production volume increased by 88%. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Exports in Central Asia

In 2022, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kva in Central Asia skyrocketed to X units, jumping by 567% on the previous year. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,359% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA soared to $X in 2022. In general, exports continue to indicate a prominent expansion. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan dominates kVA structure, amounting to X units, which was approx. 95% of total exports in 2022. It was distantly followed by Uzbekistan (X units), mixing up a 4.8% share of total exports.

Kazakhstan was also the fastest-growing in terms of the electrical transformers with non-liquid dielectric, of power handling capacity over X kVA exports, with a CAGR of +42.4% from 2012 to 2022. At the same time, Uzbekistan (+35.6%) displayed positive paces of growth. From 2012 to 2022, the share of Kazakhstan increased by +24 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest electrical transformers with non-liquid dielectric, of power handling capacity over X kVA supplier in Central Asia, comprising 99% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 0.1% share of total exports.

In Kazakhstan, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA expanded at an average annual rate of +9.5% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, declining by -74.5% against the previous year. In general, the export price showed a precipitous shrinkage. The growth pace was the most rapid in 2021 an increase of 1,061%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 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 Uzbekistan amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-23.1%).

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Imports in Central Asia

In 2022, the amount of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA imported in Central Asia totaled X units, picking up by 2.4% compared with the previous year. In general, imports, however, continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 13,564%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA soared to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 89%. Over the period under review, imports of hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Kazakhstan was the main importing country with an import of about X units, which accounted for 69% of total imports. It was distantly followed by Uzbekistan (X units), Turkmenistan (X units), Kyrgyzstan (X units) and Mongolia (X units), together mixing up a 29% share of total imports. Tajikistan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to electrical transformers with non-liquid dielectric, of power handling capacity over X kVA imports into Kazakhstan stood at +1.9%. At the same time, Kyrgyzstan (+13.6%) and Mongolia (+5.2%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +13.6% from 2012-2022. By contrast, Uzbekistan (-1.4%), Tajikistan (-12.1%) and Turkmenistan (-18.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan, Kyrgyzstan, Mongolia and Uzbekistan increased by +26, +4.7, +3.3 and +1.5 percentage points, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported electrical transformers with non-liquid dielectric, of power handling capacity over X kVA in Central Asia, comprising 67% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 17% share of total imports. It was followed by Turkmenistan, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan totaled +3.2%. In the other countries, the average annual rates were as follows: Uzbekistan (+7.2% per year) and Turkmenistan (-15.2% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, jumping by 28% against the previous year. Over the period under review, the import price continues to indicate moderate growth. The growth pace was the most rapid in 2021 an increase of 17,401% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

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 Uzbekistan ($X per unit), while Kyrgyzstan ($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 (+15.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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