Peru: 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 Peru

The Peruvian market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA declined notably to $X in 2022, with a decrease of -99% against the previous year. Overall, consumption saw a sharp reduction. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

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

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA amounted to less than $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern.

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

Exports from Peru

In 2022, approx. X units of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA were exported from Peru; growing by 1,548% against 2021. In general, exports posted significant growth. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

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, however, recorded a deep contraction. The growth pace was the most rapid in 2017 with an increase of 41%. Over the period under review, the exports of hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Ecuador (X units), Colombia (X units) and the Dominican Republic (X units) were the main destinations of exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA from Peru, with a combined 86% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Dominican Republic (with a CAGR of +46,600.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Ecuador ($X) and Colombia ($X) constituted the largest markets for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA exported from Peru worldwide, together accounting for 88% of total exports.

In terms of the main countries of destination, Sweden, with a CAGR of +39.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA stood at $X per unit in 2022, shrinking by -91.7% against the previous year. In general, the export price saw a sharp reduction. The growth pace was the most rapid in 2021 when the average export price increased by 1,741%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to the Dominican Republic ($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 Sweden (-1.9%), while the prices for the other major destinations experienced a decline.

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

Imports into Peru

In 2022, imports of electrical transformers with liquid dielectric, of power handling capacity from X kva - X kva into Peru dropped significantly to X units, shrinking by -67.8% on the previous year. Over the period under review, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 1,314% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA soared to $X in 2022. Overall, imports showed a perceptible shrinkage. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Mexico (X units), Taiwan (Chinese) (X units) and China (X units) were the main suppliers of imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA to Peru, together comprising 79% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +26.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA to Peru, comprising 30% of total imports. The second position in the ranking was held by India ($X), with a 13% share of total imports. It was followed by Brazil, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+18.1% per year) and Brazil (-8.9% per year).

Import Prices by Country

The average import price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA stood at $X per unit in 2022, picking up by 969% against the previous year. Over the period under review, the import price showed a significant expansion. The pace of growth was the most pronounced in 2021 an increase of 2,354%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Brazil ($X per unit), while the price for Taiwan (Chinese) ($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 (+74.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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