MERCOSUR: 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 MERCOSUR

After three years of growth, the MERCOSUR market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA decreased by -0.4% to $X in 2022. In general, consumption saw a abrupt curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, faced a deep contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by 26% against the previous year. The level of production peaked 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 MERCOSUR

In 2022, after two years of growth, there was significant decline in shipments abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA, when their volume decreased by -86.1% to X units. In general, exports recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 486% against the previous year. As a result, the exports reached the peak of X units, and then plummeted 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 soared to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil (X units), Colombia (X units) and Suriname (X units) represented roughly 88% of total exports in 2022. It was distantly followed by Peru (X units), mixing up a 7.9% share of total exports. Venezuela (X units) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Suriname (with a CAGR of +87.8%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA supplier in MERCOSUR, comprising 82% of total exports. The second position in the ranking was taken by Colombia ($X), with a 9.2% share of total exports. It was followed by Peru, with a 1% share.

In Brazil, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased at an average annual rate of +1.5% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (+7.5% per year) and Peru (-7.1% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, picking up by 1,356% against the previous year. Overall, the export price showed a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Suriname ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (+20.2%), while the other leaders experienced more modest paces of growth.

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

Imports in MERCOSUR

After four years of growth, overseas purchases of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA decreased by -32.2% to X units in 2022. Overall, imports, however, posted a strong increase. The growth pace was the most rapid in 2021 when imports increased by 244% against the previous year. As a result, imports reached the peak of X units, and then shrank markedly 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 rose to $X in 2022. In general, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 38%. 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

Peru was the major importing country with an import of around X units, which recorded 59% of total imports. Brazil (X units) ranks second in terms of the total imports with a 17% share, followed by Suriname (7.6%) and Colombia (6.6%). Paraguay (X units), Ecuador (X units) and Chile (X units) followed a long way behind the leaders.

Imports into Peru increased at an average annual rate of +18.5% from 2012 to 2022. At the same time, Colombia (+34.5%), Suriname (+8.6%), Chile (+4.1%) and Brazil (+1.1%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +34.5% from 2012-2022. By contrast, Paraguay (-6.4%) and Ecuador (-12.1%) illustrated a downward trend over the same period. While the share of Peru (+39 p.p.), Colombia (+6 p.p.) and Suriname (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Paraguay (-7.4 p.p.), Brazil (-10.5 p.p.) and Ecuador (-16 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Peru ($X) constitutes the largest market for imported electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in MERCOSUR, comprising 43% of total imports. The second position in the ranking was held by Chile ($X), with a 21% share of total imports. It was followed by Brazil, with a 20% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Peru amounted to -4.6%. In the other countries, the average annual rates were as follows: Chile (-0.9% per year) and Brazil (-7.8% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, increasing by 55% against the previous year. In general, the import price, however, saw a abrupt descent. The growth pace was the most rapid in 2017 an increase of 56% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 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 Chile ($X per unit), while Suriname ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+11.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform