Nepal: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Nepal

The Nepalese market for electrical transformers with liquid dielectric, of power handling capacity over X kVA fell to $X in 2022, dropping by -8.1% against the previous year. In general, consumption continues to indicate a perceptible contraction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over X kVA in Nepal

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity over X kVA dropped to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by 48% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth remained at a lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Exports from Nepal

In 2022, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA from Nepal amounted to X units, stabilizing at the previous year. In general, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2017. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA amounted to $X in 2022. Over the period under review, exports showed significant growth. The smallest decline of 99.9% was in 2017. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

India (X units) was the main destination for exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA from Nepal, accounting for a approx. 100% share of total exports.

From 2016 to 2022, the average annual rate of growth in terms of volume to India was relatively modest.

From 2016 to 2022, the average annual rate of growth in terms of value to India totaled +30.0%.

Export Prices by Country

In 2022, the average export price for electrical transformers with liquid dielectric, of power handling capacity over X kVA amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed significant growth. The most prominent rate of growth was recorded in 2017 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

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

From 2016 to 2022, the rate of growth in terms of prices for India amounted to +30.0% per year.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Imports into Nepal

After two years of growth, purchases abroad of electrical transformers with liquid dielectric, of power handling capacity over X kVA decreased by -7.8% to X units in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2015 when imports increased by 290%. As a result, imports attained the peak of X units. From 2016 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 over X kVA shrank to $X in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 258% against the previous year. Over the period under review, imports of reached the maximum at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, India (X units) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity over X kVA to Nepal, accounting for a 85% share of total imports. Moreover, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA from India exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +44.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.7% per year) and Bangladesh (+19.6% per year).

In value terms, India ($X) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity over X kVA to Nepal, comprising 68% of total imports. The second position in the ranking was held by China ($X), with a 31% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to +48.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+21.6% per year) and Bangladesh (-21.7% per year).

Import Prices by Country

The average import price for electrical transformers with liquid dielectric, of power handling capacity over X kVA stood at $X per unit in 2022, leveling off at the previous year. In general, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 119%. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform