New Zealand: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA in New Zealand

In 2022, the New Zealand market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA increased by 12% to $X, rising for the fourth consecutive year after two years of decline. Overall, consumption continues to indicate a significant expansion. Consumption of peaked in 2022 and is expected to retain growth in the immediate term.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from X kVA - X kVA in New Zealand

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA reduced markedly to $X in 2022 estimated in export price. Over the period under review, production enjoyed strong growth. The pace of growth was the most pronounced in 2016 with an increase of 19%. Production of peaked at $X in 2021, and then shrank sharply in the following year.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Exports from New Zealand

In 2022, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA from New Zealand rose notably to X units, growing by 8.9% against the previous year's figure. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 6,781% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA soared to $X in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 2,983% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Australia (X units) was the main destination for exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA from New Zealand, with a 99% share of total exports. It was followed by Tanzania (X units), with a 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Australia amounted to +129.4%.

In value terms, Australia ($X) remains the key foreign market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA exports from New Zealand, comprising 98% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 0.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia stood at +52.7%.

Export Prices by Country

In 2022, the average export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA amounted to $X per unit, with an increase of 31% against the previous year. Overall, the export price, however, faced a precipitous decline. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Australia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (-33.4%).

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Imports into New Zealand

After two years of growth, supplies from abroad of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA decreased by -0.5% to X units in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 19,277% against the previous year. Imports peaked at X units in 2021, and then reduced slightly in the following year.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA skyrocketed to $X in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 605%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Vietnam (X units), South Korea (X units) and Spain (X units) were the main suppliers of imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA to New Zealand, together comprising 100% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +224.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), South Korea ($X) and Spain ($X) constituted the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA suppliers to New Zealand, together comprising 99% of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of +85.8%, 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 trend patterns.

Import Prices by Country

In 2022, the average import price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA amounted to $X per unit, rising by 247% against the previous year. Overall, the import price, however, recorded a precipitous setback. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+65.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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