Northern America: 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 Northern America

For the third consecutive year, the North American market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA recorded decline in sales value, which decreased by -10% to $X in 2022. In general, consumption recorded a abrupt curtailment. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA reduced modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by 72% against the previous year. Over the period under review, production of reached the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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

Exports in Northern America

In 2022, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kva to X kva in Northern America shrank remarkably to X units, with a decrease of -62.1% against 2021. In general, exports, however, showed a tangible increase. The most prominent rate of growth was recorded in 2021 with an increase of 191%. As a result, the exports attained the peak of X units, and then shrank notably 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 surged to $X in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the United States (X units) and Canada (X units) represented the major exporter of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in Northern America, making up 100% of total export.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +10.2%).

In value terms, the United States ($X) remains the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA supplier in Northern America, comprising 69% of total exports. The second position in the ranking was taken by Canada ($X), with a 31% share of total exports.

In the United States, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA expanded at an average annual rate of +1.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per unit, with an increase of 253% against the previous year. Over the period under review, the export price, however, recorded a mild shrinkage. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices 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 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 (+0.7%).

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

Imports in Northern America

In 2022, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in Northern America shrank significantly to X units, dropping by -30.3% on 2021 figures. In general, imports recorded a deep slump. The pace of growth appeared the most rapid in 2018 when imports increased by 113%. As a result, imports attained the peak of X units. From 2019 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 from X kVA to X kVA soared to $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States dominates kVA structure, recording X units, which was approx. 93% of total imports in 2022. It was distantly followed by Canada (X units), generating a 6.9% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA imports into the United States stood at -5.0%. Canada (-5.0%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in Northern America, comprising 87% of total imports. The second position in the ranking was taken by Canada ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to +5.4%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, rising by 99.9% against the previous year. Overall, the import price posted resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices 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 totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.0%).

Source: IndexBox Platform

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