Western Africa: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA in Western Africa

The West African market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022, jumping by 123% against the previous year. Over the period under review, consumption recorded a moderate expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA in Western Africa

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced slump. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Exports in Western Africa

In 2022, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA in Western Africa soared to X units, increasing by 3,970% against the previous year. In general, exports showed a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 4,442%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022. Overall, exports, however, recorded a sharp decline. The most prominent rate of growth was recorded in 2020 when exports increased by 105% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ghana was the largest exporter of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA in Western Africa, with the volume of exports accounting for X units, which was near 70% of total exports in 2022. Sierra Leone (X units) took a 19% share (based on physical terms) of total exports, which put it in second place, followed by Senegal (8%).

Ghana was also the fastest-growing in terms of the electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA exports, with a CAGR of +76.0% from 2012 to 2022. At the same time, Senegal (+9.2%) displayed positive paces of growth. By contrast, Sierra Leone (-29.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Ghana and Sierra Leone increased by +69 and +19 percentage points, respectively.

In value terms, Senegal ($X) remains the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA supplier in Western Africa, comprising 32% of total exports. The second position in the ranking was taken by Sierra Leone ($X), with a 3.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Senegal amounted to -14.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Sierra Leone (+232.8% per year) and Ghana (-10.3% per year).

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2022, with a decrease of -96.6% against the previous year. Over the period under review, the export price continues to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 when the export price increased by 2,010%. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Senegal ($X per unit), while Ghana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sierra Leone (-0.2%), while the other leaders experienced a decline in the export price figures.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Imports in Western Africa

In 2022, approx. X units of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA were imported in Western Africa; picking up by 413% against 2021. Over the period under review, imports recorded a strong increase. The growth pace was the most rapid in 2020 with an increase of 2,058%. As a result, imports attained the peak of X units. From 2021 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 from X kVA to X kVA soared to $X in 2022. Overall, imports saw a modest expansion. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA in 2022 were Ghana (X units), Cote d'Ivoire (X units) and Senegal (X units), together resulting at 59% of total import. It was distantly followed by Nigeria (X units) and Mali (X units), together comprising an 18% share of total imports. The following importers - Burkina Faso (X units), Liberia (X units), Mauritania (X units), Togo (X units), Gambia (X units) and Benin (X units) - together made up 20% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Mali (with a CAGR of +43.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA in Western Africa, comprising 63% of total imports. The second position in the ranking was held by Ghana ($X), with a 7.7% share of total imports. It was followed by Cote d'Ivoire, with a 6.1% share.

In Nigeria, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA increased at an average annual rate of +3.6% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (-5.8% per year) and Cote d'Ivoire (-1.8% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2022, declining by -52.6% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when the import price increased by 1,123% 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 remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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