CIS: 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 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 16% against the previous year. Overall, consumption, however, continues to indicate a abrupt decline. The level of consumption peaked 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 CIS

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA expanded notably to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports in CIS

In 2022, the amount of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exported in the CIS declined markedly to X units, which is down by -54.9% compared with the previous year's figure. In general, exports, however, posted a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by 3,189%. As a result, the exports reached the peak of X units, and then declined sharply 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 to $X in 2022. Over the period under review, exports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2019 with an increase of 113%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Belarus prevails in kVA structure, accounting for X units, which was approx. 94% of total exports in 2022. Russia (X units) took a relatively small 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 +44.5% from 2012 to 2022. Russia (-13.3%) illustrated a downward trend over the same period. Belarus (+82 p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by -73.7% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA supplier in the CIS, comprising 61% of total exports. The second position in the ranking was held by Belarus ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia stood at -2.0%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, increasing by 108% against the previous year. In general, the export price, however, faced a deep setback. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a 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 stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+13.0%).

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

Imports in CIS

After two years of growth, overseas purchases of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA decreased by -42.5% to X units in 2022. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 387%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA contracted to $X in 2022. In general, imports faced a abrupt contraction. The pace of growth appeared the most rapid in 2016 when imports increased by 166% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Belarus (X units) and Kazakhstan (X units) represented roughly 74% of total imports in 2022. It was distantly followed by Russia (X units), generating a 21% share of total imports. Azerbaijan (X units) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Belarus (with a CAGR of +34.3%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Russia ($X) constitutes the largest market for imported electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in the CIS, comprising 53% of total imports. The second position in the ranking was held by Kazakhstan ($X), with an 18% share of total imports. It was followed by Belarus, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value in Russia totaled -11.5%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-16.9% per year) and Belarus (-11.9% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, surging by 55% against the previous year. In general, the import price, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 122% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 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 Russia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-3.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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