Cote d'Ivoire: 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 Cote d'Ivoire

The Cote d'Ivoire's market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA shrank rapidly to $X in 2022, falling by -34.5% 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). Overall, consumption, however, showed a strong expansion. Consumption of peaked at $X in 2021, and then fell sharply in the following year.

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

Exports from Cote d'Ivoire

After two years of growth, overseas shipments of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA decreased by -40% to X units in 2022. In general, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 925% against the previous year. Over the period under review, the exports of hit record highs at X units in 2021, 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 rose significantly to $X in 2022. Over the period under review, exports showed a mild contraction. The most prominent rate of growth was recorded in 2014 with an increase of 279% against the previous year. Over the period under review, the exports of hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA from Cote d'Ivoire, with a approx. 100% share of total exports.

From 2014 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest.

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 Cote d'Ivoire.

From 2014 to 2022, the average annual growth rate of value to the United States totaled -18.5%.

Export Prices by Country

In 2022, the average export price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, growing by 77% against the previous year. Overall, the export price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 216% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2014 to 2022, the rate of growth in terms of prices for Switzerland amounted to 0.0% per year.

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

Imports into Cote d'Ivoire

Imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA into Cote d'Ivoire dropped markedly to X units in 2022, falling by -37.8% on the previous year's figure. Overall, imports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 445% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2021, and then fell rapidly 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 stood at $X in 2022. Over the period under review, imports, however, recorded a notable increase. The pace of growth appeared the most rapid in 2019 with an increase of 304%. Over the period under review, imports of reached the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X units) was the main supplier of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to Cote d'Ivoire, with a 94% share of total imports. Moreover, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA from France exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from France totaled +20.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-3.3% per year) and Spain (-19.5% per year).

In value terms, Morocco ($X) constituted the largest supplier of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to Cote d'Ivoire, comprising 31% of total imports. The second position in the ranking was taken by France ($X), with an 11% share of total imports. It was followed by Italy, with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Morocco amounted to +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-4.7% per year) and Italy (-3.3% per year).

Import Prices by Country

In 2022, the average import price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, with an increase of 63% against the previous year. Over the period under review, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 75% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices failed to regain momentum.

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 Spain ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+40.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform