SADC: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in SADC

The SADC market for electrical transformers with liquid dielectric, of power handling capacity over X kVA declined to $X in 2022, which is down by -9.1% against the previous year. Over the period under review, consumption recorded a pronounced descent. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over X kVA in SADC

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity over X kVA reduced to $X in 2022 estimated in export price. In general, production recorded a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Over the period under review, production of reached the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Exports in SADC

In 2022, overseas shipments of electrical transformers with liquid dielectric, of power handling capacity over X kVA increased by 68% to X units, rising for the second consecutive year after two years of decline. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by 90%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA rose sharply to $X in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2015 with an increase of 60% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

South Africa was the main exporter of electrical transformers with liquid dielectric, of power handling capacity over X kVA in SADC, with the volume of exports resulting at X units, which was approx. 57% of total exports in 2022. Mozambique (X units) took the second position in the ranking, followed by Namibia (X units) and Zimbabwe (X units). All these countries together held near 37% share of total exports. Mauritius (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to electrical transformers with liquid dielectric, of power handling capacity over X kVA exports from South Africa stood at +1.4%. At the same time, Zimbabwe (+53.3%), Mozambique (+30.2%), Namibia (+27.1%) and Mauritius (+7.2%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing exporter exported in SADC, with a CAGR of +53.3% from 2012-2022. From 2012 to 2022, the share of Namibia, Mozambique and Zimbabwe increased by +14, +13 and +7.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Namibia ($X) remains the largest electrical transformers with liquid dielectric, of power handling capacity over X kVA supplier in SADC, comprising 83% of total exports. The second position in the ranking was held by South Africa ($X), with an 8.7% share of total exports. It was followed by Mozambique, with a 3.8% share.

In Namibia, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA expanded at an average annual rate of +109.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (-5.0% per year) and Mozambique (+54.7% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, dropping by -36.8% against the previous year. Overall, the export price, however, showed a strong expansion. The pace of growth was the most pronounced in 2017 when the export price increased by 67%. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Namibia ($X per unit), while Mauritius ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+23.5%), while the other leaders experienced mixed trends in the export price figures.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Imports in SADC

In 2022, approx. X units of electrical transformers with liquid dielectric, of power handling capacity over X kVA were imported in SADC; declining by -34.9% against the previous year's figure. Over the period under review, imports, however, showed a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of 215,934%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA dropped remarkably to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 370% against the previous year. As a result, imports attained the peak of $X, and then fell markedly in the following year.

Imports by Country

Tanzania (X units) and Mozambique (X units) dominates kVA structure, together generating 75% of total imports. It was distantly followed by Democratic Republic of the Congo (X units), mixing up an 8.4% share of total imports. The following importers - South Africa (X units), Zimbabwe (X units), Zambia (X units) and Angola (X units) - together made up 11% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Mozambique (with a CAGR of +32.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity over X kVA in SADC, comprising 50% of total imports. The second position in the ranking was taken by Tanzania ($X), with a 16% share of total imports. It was followed by South Africa, with a 9% share.

From 2012 to 2022, the average annual growth rate of value in Mozambique stood at +28.0%. In the other countries, the average annual rates were as follows: Tanzania (+23.4% per year) and South Africa (-18.3% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, surging by 7.9% against the previous year. Overall, the import price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when the import price increased by 245,846% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 South Africa ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+8.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform