MERCOSUR: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA 2025

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in MERCOSUR

The MERCOSUR market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA expanded notably to $X in 2022, increasing by 15% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA expanded markedly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Exports in MERCOSUR

In 2022, approx. X units of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA were exported in MERCOSUR; rising by 196% on the previous year's figure. Over the period under review, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 5,769%. As a result, the exports reached 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 non-liquid dielectric, of power handling capacity over X kVA soared to $X in 2022. Overall, exports, however, recorded a slight decrease. Over the period under review, the exports of reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina was the major exporting country with an export of about X units, which recorded 76% of total exports. Brazil (X units) held the second position in the ranking, followed by Colombia (X units). All these countries together took near 18% share of total exports. Peru (X units) held a minor share of total exports.

Argentina was also the fastest-growing in terms of the electrical transformers with non-liquid dielectric, of power handling capacity over X kVA exports, with a CAGR of +26.6% from 2012 to 2022. At the same time, Peru (+20.9%), Colombia (+12.3%) and Brazil (+1.5%) displayed positive paces of growth. Argentina (+42 p.p.) significantly strengthened its position in terms of the total exports, while Colombia and Brazil saw its share reduced by -2.7% and -38.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Argentina ($X) and Colombia ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 93% of total exports. These countries were followed by Peru, which accounted for a further 1%.

Peru, with a CAGR of +11.0%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, waning by -28.1% against the previous year. Overall, the export price saw a abrupt descent. The growth pace was the most rapid in 2021 when the export price increased by 5,198%. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: 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 (-4.4%), while the other leaders experienced a decline in the export price figures.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Imports in MERCOSUR

In 2022, the amount of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA imported in MERCOSUR soared to X units, picking up by 79% on the previous year's figure. In general, imports, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2020 with an increase of 6,090% against the previous year. As a result, imports reached 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 non-liquid dielectric, of power handling capacity over X kVA soared to $X in 2022. Overall, imports, however, recorded a abrupt decline. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X units), distantly followed by Peru (X units), Colombia (X units), Chile (X units), Argentina (X units) and Guyana (X units) represented the largest importers of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA, together constituting 92% of total imports. Ecuador (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +19.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Peru ($X) and Argentina ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 71% of total imports.

Among the main importing countries, Argentina, with a CAGR of +22.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, waning by -3.3% against the previous year. Over the period under review, the import price showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 an increase of 9,742%. Over the period under review, import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per unit), while Guyana ($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 (+8.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform