CIS: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA 2025

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA in CIS

The CIS market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022, with an increase of 27% against the previous year. Over the period under review, consumption, however, saw a perceptible descent. The level of consumption peaked at $X in 2013; however, from 2014 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 CIS

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep contraction. Over the period under review, production of attained the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA

Exports in CIS

After eight years of growth, overseas shipments of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA decreased by -4.5% to X units in 2022. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 745% against the previous year. Over the period under review, the exports of reached the peak figure at X units in 2021, and then contracted slightly 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 rose remarkably to $X in 2022. Overall, exports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of 47% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

Belarus dominates kVA structure, accounting for X units, which was near 93% of total exports in 2022. It was distantly followed by Russia (X units), comprising a 7.2% share of total exports.

Belarus 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 +55.3% from 2012 to 2022. At the same time, Russia (+13.4%) displayed positive paces of growth. Belarus (+62 p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by -48.6% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA supplier in the CIS, comprising 76% of total exports. The second position in the ranking was taken by Belarus ($X), with a 22% share of total exports.

In Russia, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased at an average annual rate of +3.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, with an increase of 10% against the previous year. In general, the export price, however, recorded a sharp downturn. The pace of growth appeared the most rapid in 2018 when the export price increased by 44%. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-8.5%).

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA

Imports in CIS

In 2022, after six years of growth, there was significant decline in supplies from abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA, when their volume decreased by -20.9% to X units. In general, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2017 with an increase of 121%. The volume of import peaked at X units in 2021, and then declined significantly 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 fell sharply to $X in 2022. Overall, imports saw a perceptible setback. The pace of growth appeared the most rapid in 2019 with an increase of 68%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Russia (X units) represented the key importer of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA, constituting 48% of total imports. Belarus (X units) took the second position in the ranking, distantly followed by Azerbaijan (X units). All these countries together held near 51% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Azerbaijan (with a CAGR of +62.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA importing markets in the CIS were Russia ($X), Belarus ($X) and Azerbaijan ($X), with a combined 88% share of total imports.

Belarus, with a CAGR of +13.1%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, with a decrease of -6% against the previous year. Overall, the import price saw a deep reduction. The growth pace was the most rapid in 2014 an increase of 36% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-9.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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