Uzbekistan: 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 Uzbekistan

The Uzbek market for electrical transformers with liquid dielectric, of power handling capacity over X kVA surged to $X in 2022, increasing by 821% against the previous year. In general, consumption, however, faced a significant curtailment. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

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

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity over X kVA amounted to less than $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern.

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

Exports from Uzbekistan

In 2022, the amount of electrical transformers with liquid dielectric, of power handling capacity over X kVA exported from Uzbekistan fell significantly to X units, declining by -18.8% compared with 2021. Over the period under review, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2019 when exports increased by 50%. Over the period under review, the exports of hit record highs at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA shrank notably to $X in 2022. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 25%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA from Uzbekistan, with a 69% share of total exports. Moreover, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA to Russia exceeded the volume sent to the second major destination, Turkey (X units), fivefold. The third position in this ranking was taken by Kazakhstan (X units), with a 7.7% share.

From 2017 to 2022, the average annual growth rate of volume to Russia amounted to +35.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (0.0% per year) and Kazakhstan (-30.1% per year).

In value terms, Russia ($X), Turkey ($X) and Tajikistan ($X) were the largest markets for electrical transformers with liquid dielectric, of power handling capacity over X kVA exported from Uzbekistan worldwide, together comprising 86% of total exports.

Russia, with a CAGR of +40.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for electrical transformers with liquid dielectric, of power handling capacity over X kVA amounted to $X per unit, almost unchanged from the previous year. In general, the export price continues to indicate significant growth. The growth pace was the most rapid in 2018 when the average export price increased by 1,733% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+35.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Uzbekistan

Imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA into Uzbekistan fell remarkably to X units in 2022, dropping by -80.5% against the year before. In general, imports saw a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 95% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA fell sharply to $X in 2022. Over the period under review, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of 1,122% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

China (X units), Turkey (X units) and Russia (X units) were the main suppliers of imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA to Uzbekistan, with a combined 88% share of total imports. Ukraine and Kazakhstan lagged somewhat behind, together accounting for a further 25%. Moreover, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA in China exceeded the figures recorded by the second-largest supplier, Turkey, twofold.

From 2017 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of -12.9%), while imports for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity over X kVA to Uzbekistan, comprising 52% of total imports. The second position in the ranking was taken by Turkey ($X), with a 23% share of total imports. It was followed by Russia, with an 11% share.

From 2017 to 2022, the average annual growth rate of value from China totaled +146.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-5.9% per year) and Russia (+117.1% per year).

Import Prices by Country

In 2022, the average import price for electrical transformers with liquid dielectric, of power handling capacity over X kVA amounted to $X per unit, increasing by 3.7% against the previous year. Over the period under review, the import price posted a significant increase. The most prominent rate of growth was recorded in 2018 an increase of 22,796%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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 Russia ($X per unit), while the price for Ukraine ($X per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+250.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :