Eastern Asia: 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 Eastern Asia

The East Asian market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022, with an increase of 141% against the previous year. In general, consumption showed a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA in Eastern Asia

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2022 estimated in export price. Over the period under review, production saw a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 197% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

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

Exports in Eastern Asia

Exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to X units in 2022, increasing by 42% compared with 2021. In general, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 860% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022. Total exports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.5% against 2020 indices. Over the period under review, the exports of reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China prevails in kVA structure, accounting for X units, which was approx. 97% of total exports in 2022. Japan (X units) took a little share of total exports.

China 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 +6.4% from 2012 to 2022. Japan (-3.3%) illustrated a downward trend over the same period. China (+6.4 p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by -3.3% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA supplier in Eastern Asia, comprising 89% of total exports. The second position in the ranking was held by Japan ($X), with a 5.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value in China totaled +6.3%.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, which is down by -7.2% against the previous year. In general, the export price recorded a slight decrease. The pace of growth appeared the most rapid in 2021 when the export price increased by 1,155%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat 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 Japan ($X per unit), while China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.2%).

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

Imports in Eastern Asia

In 2022, the amount of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA imported in Eastern Asia soared to X units, picking up by 22% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 1,209%. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022. Total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2018 indices. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) represented the major importer of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA, making up 66% of total imports. It was distantly followed by Japan (X units), comprising a 34% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +43.9%).

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA importing markets in Eastern Asia were China ($X) and Japan ($X).

Among the main importing countries, China, with a CAGR of +3.8%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, reducing by -5.7% against the previous year. Overall, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2021 an increase of 68%. Over the period under review, import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-11.6%).

Source: IndexBox Platform

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