Southern Asia: 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 Southern Asia

The South Asian market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA totaled $X in 2022, rising by 8.9% against the previous year. Over the period under review, consumption, however, showed a deep contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X in 2022 estimated in export price. Over the period under review, production, however, showed a deep setback. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports in Southern Asia

In 2022, after two years of growth, there was significant decline in overseas shipments of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA, when their volume decreased by -68.1% to X units. In general, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 405%. As a result, the exports attained the peak of X units, and then contracted 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. Total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

India dominates kVA structure, resulting at X units, which was near 89% of total exports in 2022. Sri Lanka (X units), Bangladesh (X units) and Pakistan (X units) took a relatively small share of total exports.

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 exports from India stood at +11.3%. At the same time, Bangladesh (+41.8%) and Sri Lanka (+27.4%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +41.8% from 2012-2022. Pakistan experienced a relatively flat trend pattern. India (+10 p.p.), Bangladesh (+3.5 p.p.) and Sri Lanka (+3.3 p.p.) significantly strengthened its position in terms of the total exports, while Pakistan saw its share reduced by -5.1% from 2012 to 2022, respectively.

In value terms, India ($X) remains the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA supplier in Southern Asia, comprising 98% of total exports. The second position in the ranking was held by Pakistan ($X), with a 0.9% share of total exports. It was followed by Sri Lanka, with a 0.5% share.

From 2012 to 2022, the average annual growth rate of value in India stood at +3.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (-6.1% per year) and Sri Lanka (+17.2% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, jumping by 352% against the previous year. In general, the export price, however, saw a abrupt curtailment. Over the period under review, the export prices hit record highs 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 origin: amid the top suppliers, the country with the highest price was India ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (-5.6%), while the other leaders experienced a decline in the export price figures.

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

Imports in Southern Asia

In 2022, after two years of growth, there was significant decline in supplies from abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA, when their volume decreased by -20.2% to X units. Over the period under review, imports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2015 when imports increased by 65% against the previous year. Over the period under review, imports of hit record highs at X units in 2021, and then fell remarkably in the following year.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022. In general, imports, however, showed a mild expansion. The pace of growth appeared the most rapid in 2018 with an increase of 81%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

India (X units) and Pakistan (X units) prevails in kVA structure, together creating 86% of total imports. It was distantly followed by Bangladesh (X units), creating a 6.7% share of total imports. Sri Lanka (X units) and Maldives (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Sri Lanka (with a CAGR of +19.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in Southern Asia, comprising 75% of total imports. The second position in the ranking was held by Pakistan ($X), with an 11% share of total imports. It was followed by Bangladesh, with a 5% share.

In India, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased at an average annual rate of +8.8% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (-3.4% per year) and Bangladesh (-6.1% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, rising by 63% against the previous year. Overall, the import price, however, recorded a abrupt descent. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-3.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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