Chile: 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 Chile

The Chilean market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA expanded rapidly to $X in 2022, surging by 8% against the previous year. Over the period under review, consumption showed a abrupt descent. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022 estimated in export price. In general, production, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by 83% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

Exports from Chile

In 2022, after two years of growth, there was significant decline in shipments abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA, when their volume decreased by -99.9% to X units. Over the period under review, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 535% against the previous year. As a result, the exports reached the peak of X units, and then fell markedly 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 declined markedly to $X in 2022. Overall, exports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2020 when exports increased by 2,178% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2021, and then fell significantly in the following year.

Exports by Country

Peru (X units), Argentina (X units) and Bolivia (X units) were the main destinations of exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA from Chile, together accounting for 88% of total exports. The United States, Spain and Germany lagged somewhat behind, together accounting for a further 38%. Moreover, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in Peru exceeded the figures recorded by the second-largest exporter, Argentina, twofold.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline.

In value terms, the United States ($X) emerged as the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exports from Chile, comprising 40% of total exports. The second position in the ranking was taken by Peru ($X), with a 20% share of total exports. It was followed by Germany, with a 16% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-13.2% per year) and Germany (+13.7% per year).

Export Prices by Country

The average export price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2022, increasing by 34,702% against the previous year. In general, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Argentina ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+93.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Chile

In 2022, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA into Chile declined sharply to X units, with a decrease of -80% compared with 2021 figures. Over the period under review, imports, however, continue to indicate a measured expansion. The pace of growth appeared the most rapid in 2021 with an increase of 493%. As a result, imports reached the peak of X units, and then dropped sharply in the following year.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA contracted sharply to $X in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 51%. Imports peaked at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA supplier to Chile, accounting for a 76% share of total imports. Moreover, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), more than tenfold. The third position in this ranking was taken by Italy (X units), with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +35.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-3.9% per year) and Italy (-1.8% per year).

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA suppliers to Chile were Germany ($X), China ($X) and Italy ($X), together comprising 71% of total imports.

Among the main suppliers, Germany, with a CAGR of +47.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2022, picking up by 277% against the previous year. Overall, the import price, however, showed a perceptible reduction. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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