CIS: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in CIS

The CIS market for electrical transformers with liquid dielectric, of power handling capacity over X kVA contracted to $X in 2022, with a decrease of -4.2% against the previous year. Overall, consumption saw a noticeable decline. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over X kVA in CIS

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity over X kVA declined to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2015 when the production volume increased by 64% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Exports in CIS

Exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA reduced slightly to X units in 2022, with a decrease of -4.9% compared with the year before. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 274%. Over the period under review, the exports of hit record highs at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA dropped markedly to $X in 2022. In general, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 189%. As a result, the exports attained the peak of $X, and then shrank notably in the following year.

Exports by Country

Russia represented the main exporter of electrical transformers with liquid dielectric, of power handling capacity over X kVA in the CIS, with the volume of exports recording X units, which was near 66% of total exports in 2022. It was distantly followed by Azerbaijan (X units), Kazakhstan (X units) and Uzbekistan (X units), together creating a 31% share of total exports.

Exports from Russia decreased at an average annual rate of -9.0% from 2012 to 2022. At the same time, Kazakhstan (+32.0%) and Azerbaijan (+6.1%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +32.0% from 2012-2022. By contrast, Uzbekistan (-38.4%) illustrated a downward trend over the same period. While the share of Kazakhstan (+10 p.p.), Uzbekistan (+8.4 p.p.) and Azerbaijan (+8.1 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (-28.7 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest electrical transformers with liquid dielectric, of power handling capacity over X kVA supplier in the CIS, comprising 80% of total exports. The second position in the ranking was taken by Azerbaijan ($X), with a 6.8% share of total exports. It was followed by Kazakhstan, with a 6.7% share.

In Russia, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA increased at an average annual rate of +5.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Azerbaijan (-3.3% per year) and Kazakhstan (+49.3% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, with a decrease of -28% against the previous year. Overall, the export price, however, enjoyed a resilient increase. The growth pace was the most rapid in 2013 an increase of 373%. The level of export peaked at $X per unit in 2016; however, from 2017 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 Russia ($X per unit), while Azerbaijan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+52.2%), while the other leaders experienced more modest paces of growth.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Imports in CIS

In 2022, overseas purchases of electrical transformers with liquid dielectric, of power handling capacity over X kVA decreased by -13.4% to X units, falling for the fourth consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a moderate increase. The growth pace was the most rapid in 2014 when imports increased by 1,233%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA reduced markedly to $X in 2022. In general, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 90% against the previous year. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Russia prevails in kVA structure, amounting to X units, which was approx. 71% of total imports in 2022. Belarus (X units) held the second position in the ranking, followed by Kazakhstan (X units) and Tajikistan (X units). All these countries together held near 26% share of total imports. Azerbaijan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to electrical transformers with liquid dielectric, of power handling capacity over X kVA imports into Russia stood at +6.0%. At the same time, Tajikistan (+33.5%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +33.5% from 2012-2022. Belarus experienced a relatively flat trend pattern. By contrast, Azerbaijan (-3.2%) and Kazakhstan (-10.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia and Tajikistan increased by +21 and +7.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Tajikistan ($X), Kazakhstan ($X) and Russia ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 71% of total imports.

In terms of the main importing countries, Tajikistan, with a CAGR of +31.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, shrinking by -39.8% against the previous year. Overall, the import price faced a abrupt descent. The pace of growth appeared the most rapid in 2015 an increase of 1,032%. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tajikistan ($X per unit), while Russia ($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 (-1.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :