Africa: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA in Africa

The African market for electrical transformers with liquid dielectric, of power handling capacity under X kVA expanded markedly to $X in 2023, with an increase of X% against the previous year. Overall, consumption continues to indicate strong growth. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under X kVA in Africa

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity under X kVA rose significantly to $X in 2023 estimated in export price. Over the period under review, production posted a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production of growth remained at a somewhat lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA

Exports in Africa

In 2023, approx. X units of electrical transformers with liquid dielectric, of power handling capacity under X kVA were exported in Africa; approximately reflecting the previous year. Overall, exports showed a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure in 2023 and are expected to retain growth in the near future.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA rose remarkably to $X in 2023. Over the period under review, exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure in 2023 and are likely to continue growth in the near future.

Exports by Country

In 2023, Tunisia (X units) represented the largest exporter of electrical transformers with liquid dielectric, of power handling capacity under X kVA, making up X% of total exports. It was distantly followed by Morocco (X units), comprising a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to electrical transformers with liquid dielectric, of power handling capacity under X kVA exports from Tunisia stood at X%. At the same time, Morocco (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. While the share of Morocco (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Tunisia (X p.p.) displayed negative dynamics.

In value terms, Tunisia ($X) remains the largest electrical transformers with liquid dielectric, of power handling capacity under X kVA supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Morocco ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in Africa stood at $X per unit in 2023, increasing by X% against the previous year. In general, the export price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Morocco ($X per unit), while Tunisia stood at $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tunisia (X%).

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA

Imports in Africa

In 2023, approx. X units of electrical transformers with liquid dielectric, of power handling capacity under X kVA were imported in Africa; picking up by X% on 2022 figures. Total imports indicated a temperate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at X units in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA totaled $X in 2023. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Tunisia dominates kVA structure, finishing at X units, which was near X% of total imports in 2023. It was distantly followed by South Africa (X units), mixing up a X% share of total imports. Morocco (X units), Egypt (X units), Djibouti (X units), Mozambique (X units) and Nigeria (X units) took a minor share of total imports.

Imports into Tunisia increased at an average annual rate of X% from 2012 to 2023. At the same time, Djibouti (X%), Mozambique (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Djibouti emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2023. Morocco and South Africa experienced a relatively flat trend pattern. By contrast, Nigeria (X%) illustrated a downward trend over the same period. While the share of Tunisia (X p.p.) and Djibouti (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Nigeria (X p.p.), Morocco (X p.p.) and South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity under X kVA importing markets in Africa were Tunisia ($X), Morocco ($X) and South Africa ($X), together accounting for X% of total imports. Egypt, Mozambique, Nigeria and Djibouti lagged somewhat behind, together comprising a further X%.

Djibouti, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Africa amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price saw a perceptible decline. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Mozambique ($X per unit), while Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform