South-Eastern Asia: 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 South-Eastern Asia

The Southeast Asian market for electrical transformers with liquid dielectric, of power handling capacity over X kVA was estimated at $X.2B in 2023, remaining stable against the previous year. Over the period under review, consumption recorded a temperate increase. The level of consumption peaked at $X.8B in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over X kVA in South-Eastern Asia

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity over X kVA totaled $X.5B in 2023 estimated in export price. In general, production, however, showed a perceptible decline. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. The level of production peaked at $X.6B in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

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

Exports in South-Eastern Asia

In 2023, overseas shipments of electrical transformers with liquid dielectric, of power handling capacity over X kVA decreased by X% to X units for the first time since 2019, thus ending a three-year rising trend. Overall, exports showed a sharp descent. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2023, the growth of the exports of remained at a lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA declined rapidly to $X in 2023. In general, exports showed a noticeable slump. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Thailand (X units), together reaching X% of total export.

Thailand was also the fastest-growing in terms of the electrical transformers with liquid dielectric, of power handling capacity over X kVA exports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of Thailand increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) also remains the largest electrical transformers with liquid dielectric, of power handling capacity over X kVA supplier in South-Eastern Asia.

In Thailand, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in South-Eastern Asia amounted to $X per unit, rising by X% against the previous year. In general, the export price showed significant growth. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2012 to 2023, the rate of growth in terms of prices for Thailand amounted to X% per year.

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

Imports in South-Eastern Asia

In 2023, the amount of electrical transformers with liquid dielectric, of power handling capacity over X kVA imported in South-Eastern Asia surged to X units, rising by X% against the previous year's figure. Over the period under review, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked at X units in 2018; however, from 2019 to 2023, imports failed to regain momentum.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA fell slightly to $X in 2023. Overall, imports continue to indicate a measured expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2022, and then dropped in the following year.

Imports by Country

In 2023, Thailand (X units) was the main importer of electrical transformers with liquid dielectric, of power handling capacity over X kVA in South-Eastern Asia, constituting X% of total import.

Thailand was also the fastest-growing in terms of the electrical transformers with liquid dielectric, of power handling capacity over X kVA imports, with a CAGR of X% from 2012 to 2023. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity over X kVA in South-Eastern Asia.

In Thailand, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA contracted by an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2023, waning by X% against the previous year. Over the period under review, the import price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2022 when the import price increased by X%. As a result, import price reached the peak level of $X per unit, and then contracted notably in the following year.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2023, the rate of growth in terms of prices for Thailand amounted to X% per year.

Source: IndexBox Platform