MERCOSUR: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA in MERCOSUR

The MERCOSUR market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2022, rising by 26% against the previous year. In general, consumption, however, showed a perceptible descent. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA in MERCOSUR

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt contraction. Over the period under review, production of hit record highs at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Exports in MERCOSUR

In 2022, the amount of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA exported in MERCOSUR soared to X units, growing by 698% against the year before. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,450%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022. Over the period under review, exports posted a noticeable expansion. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Colombia represented the major exporting country with an export of around X units, which accounted for 80% of total exports. Argentina (X units) ranks second in terms of the total exports with an 11% share, followed by Brazil (7.3%).

Colombia was also the fastest-growing in terms of the electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA exports, with a CAGR of +40.3% from 2012 to 2022. At the same time, Argentina (+24.6%) displayed positive paces of growth. By contrast, Brazil (-1.8%) illustrated a downward trend over the same period. Colombia (+61 p.p.) and Argentina (+2.5 p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by -54.5% from 2012 to 2022, respectively.

In value terms, Brazil ($X), Colombia ($X) and Argentina ($X) constituted the countries with the highest levels of exports in 2022, with a combined 87% share of total exports.

Among the main exporting countries, Colombia, with a CAGR of +6.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, reducing by -64.4% against the previous year. Overall, the export price continues to indicate a deep contraction. The growth pace was the most rapid in 2021 an increase of 1,759%. Over the period under review, the export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 Brazil ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.3%), while the other leaders experienced a decline in the export price figures.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Imports in MERCOSUR

In 2022, approx. X units of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA were imported in MERCOSUR; rising by 258% against the previous year. In general, imports continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,971%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022. Overall, imports, however, saw a deep downturn. Over the period under review, imports of attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Venezuela (X units) and Chile (X units) represented roughly 56% of total imports in 2022. Brazil (X units) ranks next in terms of the total imports with a 9.8% share, followed by Guyana (7.3%) and Peru (6.9%). The following importers - Argentina (X units) and Uruguay (X units) - each resulted at an 8.3% 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 Guyana (with a CAGR of +39.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA in MERCOSUR, comprising 48% of total imports. The second position in the ranking was taken by Peru ($X), with a 16% share of total imports. It was followed by Argentina, with a 13% share.

In Chile, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA expanded at an average annual rate of +1.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Peru (-6.6% per year) and Argentina (-0.1% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, reducing by -44.6% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 an increase of 2,166% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per unit), while Guyana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+1.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform