Chile: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA 2024

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA in Chile

The Chilean market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA expanded rapidly to $X in 2023, growing by X% against the previous year. Overall, consumption, however, recorded a abrupt decrease. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2023, 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 Chile

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA expanded notably to $X in 2023 estimated in export price. Overall, production, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

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

Exports from Chile

In 2023, approx. X units of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA were exported from Chile; increasing by X% on the previous year. Overall, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X units in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2023. Over the period under review, exports, however, saw a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

Bolivia (X units) was the main destination for exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA from Chile, accounting for a X% share of total exports. It was followed by Peru (X units), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of volume to Bolivia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Argentina (X% per year).

In value terms, Peru ($X) remains the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exports from Chile, comprising X% of total exports. The second position in the ranking was taken by Bolivia ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to Peru stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (X% per year) and Argentina (X% per year).

Export Prices by Country

In 2023, the average export price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, falling by X% against the previous year. Overall, the export price showed a precipitous decline. The growth pace was the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2023, 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 Peru ($X per unit), while the average price for exports to Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (X%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Chile

In 2023, overseas purchases of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased by X% to X units, rising for the third year in a row after two years of decline. Over the period under review, imports posted a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure in 2023 and are expected to retain growth in the immediate term.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA totaled $X in 2023. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2023 and are expected to retain growth in the near future.

Imports by Country

In 2023, China (X units) constituted the largest supplier of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to Chile, with a X% share of total imports. Moreover, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X), Italy ($X) and the United States ($X) constituted the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA suppliers to Chile, with a combined X% share of total imports.

Among the main suppliers, China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average import price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, shrinking by X% against the previous year. In general, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform