Northern America: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA in Northern America

In 2022, after two years of decline, there was significant growth in the North American market for electrical transformers with liquid dielectric, of power handling capacity under X kVA, when its value increased by 8.6% to $X. Over the period under review, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 9.7%. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under X kVA in Northern America

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity under X kVA dropped slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of 164% against the previous year. Over the period under review, production of reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA

Exports in Northern America

In 2022, exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA in Northern America skyrocketed to X units, increasing by 27% compared with the previous year. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 27% against the previous year. As a result, the exports attained the peak of X units. From 2015 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 under X kVA surged to $X in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by 40% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

The United States was the key exporter of electrical transformers with liquid dielectric, of power handling capacity under X kVA in Northern America, with the volume of exports amounting to X units, which was near 87% of total exports in 2022. It was distantly followed by Canada (X units), making up a 13% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA. At the same time, Canada (+16.2%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +16.2% from 2012-2022. From 2012 to 2022, the share of Canada increased by +9.8 percentage points.

In value terms, the United States ($X) remains the largest electrical transformers with liquid dielectric, of power handling capacity under X kVA supplier in Northern America, comprising 91% of total exports. The second position in the ranking was held by Canada ($X), with a 9% share of total exports.

In the United States, exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA increased at an average annual rate of +3.1% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2015 an increase of 29%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.6%).

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA

Imports in Northern America

In 2022, the amount of electrical transformers with liquid dielectric, of power handling capacity under X kVA imported in Northern America soared to X units, jumping by 32% on the previous year's figure. In general, imports, however, showed a deep slump. The pace of growth was the most pronounced in 2014 when imports increased by 132%. As a result, imports reached the peak of X units. From 2015 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 under X kVA surged to $X in 2022. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports of reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States was the major importer of electrical transformers with liquid dielectric, of power handling capacity under X kVA in Northern America, with the volume of imports resulting at X units, which was approx. 86% of total imports in 2022. It was distantly followed by Canada (X units), achieving a 14% share of total imports.

Imports into the United States decreased at an average annual rate of -8.5% from 2012 to 2022. At the same time, Canada (+6.9%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +6.9% from 2012-2022. While the share of Canada (+11 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United States (-10.6 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity under X kVA in Northern America, comprising 83% of total imports. The second position in the ranking was held by Canada ($X), with a 17% share of total imports.

In the United States, imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA remained relatively stable over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, standing approx. at the previous year. In general, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when the import price increased by 91%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.2%).

Source: IndexBox Platform

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