Cote d'Ivoire: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA in Cote d'Ivoire

The Cote d'Ivoire's market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA contracted to $X in 2022, falling by -5.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a abrupt slump. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Exports from Cote d'Ivoire

Exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA from Cote d'Ivoire skyrocketed to X units in 2022, picking up by 1,250% compared with the previous year's figure. Over the period under review, exports showed significant growth. Over the period under review, the exports of hit record highs at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA stood at $X in 2022. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2019 with an increase of 680%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Burkina Faso (X units) was the main destination for exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA from Cote d'Ivoire, with a 70% share of total exports. Moreover, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA to Burkina Faso exceeded the volume sent to the second major destination, Mali (X units), twofold.

From 2018 to 2022, the average annual rate of growth in terms of volume to Burkina Faso totaled +108.8%.

In value terms, Burkina Faso ($X) remains the key foreign market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA exports from Cote d'Ivoire, comprising 67% of total exports. The second position in the ranking was taken by Mali ($X), with a 28% share of total exports.

From 2018 to 2022, the average annual growth rate of value to Burkina Faso stood at +32.4%.

Export Prices by Country

The average export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA stood at $X per unit in 2022, which is down by -92.1% against the previous year. Over the period under review, the export price saw a significant decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 2,205% against the previous year. As a result, the export price attained the peak level of $X per unit, and then declined rapidly in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mali ($X per unit), while the average price for exports to Burkina Faso amounted to $X per unit.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mali (-6.8%).

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Imports into Cote d'Ivoire

In 2022, purchases abroad of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA decreased by -2.2% to X units, falling for the second consecutive year after three years of growth. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 2,390% against the previous year. As a result, imports attained the peak of X units. From 2021 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 from X kVA - X kVA soared to $X in 2022. Over the period under review, imports, however, showed a noticeable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 218%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA to Cote d'Ivoire, with a 27% share of total imports. Moreover, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA from the United States exceeded the figures recorded by the second-largest supplier, Lebanon (X units), twofold. The third position in this ranking was held by China (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +34.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (+17.2% per year) and China (+18.4% per year).

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA suppliers to Cote d'Ivoire were Morocco ($X), Lebanon ($X) and Turkey ($X), together accounting for 44% of total imports. The United States, China, Tunisia, Greece, Egypt, France and Sweden lagged somewhat behind, together comprising a further 41%.

Tunisia, with a CAGR of +94.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA amounted to $X per unit, increasing by 55% against the previous year. Overall, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 2,354% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+88.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform