Pakistan: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA 2024

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA in Pakistan

The Pakistani market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022, rising by 53% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a drastic downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA

Exports from Pakistan

In 2022, approx. X units of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA were exported from Pakistan; falling by -34.2% on 2021 figures. In general, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2017 when exports increased by 1,390% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA shrank sharply to $X in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 2,902%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Saudi Arabia (X units), Swaziland (X units) and the United Arab Emirates (X units) were the main destinations of exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA from Pakistan, with a combined 93% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of +36.5%), while the other leaders experienced more modest paces of growth.

In value terms, Swaziland ($X) remains the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exports from Pakistan, comprising 74% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 7% share of total exports. It was followed by Mozambique, with a 1.4% share.

From 2012 to 2022, the average annual growth rate of value to Swaziland totaled +54.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+31.8% per year) and Mozambique (+16.9% per year).

Export Prices by Country

The average export price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2022, leveling off at the previous year. In general, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 149% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Swaziland ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+181.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA

Imports into Pakistan

In 2022, purchases abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased by 50% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a deep reduction. Over the period under review, imports of hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022. Overall, imports, however, recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 100%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA supplier to Pakistan, accounting for a 92% share of total imports. It was followed by the Philippines (X units), with a 1.7% share of total imports. The UK (X units) ranked third in terms of total imports with a 0.8% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+8.0% per year) and the UK (-29.9% per year).

In value terms, China ($X) constituted the largest supplier of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to Pakistan, comprising 33% of total imports. The second position in the ranking was taken by the Philippines ($X), with a 7.7% share of total imports. It was followed by the United States, with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -19.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+10.2% per year) and the United States (-25.5% per year).

Import Prices by Country

The average import price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2022, declining by -9.9% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 an increase of 101% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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