MERCOSUR: Electrical Transformer Market 2024

Electrical Transformer Market Size in MERCOSUR

The MERCOSUR electrical transformer market rose sharply to $X in 2022, surging by X% against the previous year. In general, consumption, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2020 when the market value increased by X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Electrical Transformer Production in MERCOSUR

In value terms, electrical transformer production rose modestly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt decline. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Electrical Transformer Exports

Exports in MERCOSUR

In 2022, overseas shipments of electrical transformers increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports saw a slight expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, electrical transformer exports surged to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil dominates exports structure, finishing at X units, which was approx. X% of total exports in 2022. The following exporters - Colombia (X units) and Argentina (X units) - each resulted at a X% share of total exports.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of electrical transformers. At the same time, Colombia (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Argentina (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Colombia increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Colombia ($X) and Argentina ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

In terms of the main exporting countries, Colombia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2017 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 Colombia ($X per unit), while Brazil ($X per unit) was amongst the lowest.

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

Electrical Transformer Imports

Imports in MERCOSUR

In 2022, overseas purchases of electrical transformers increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports saw a moderate expansion. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, electrical transformer imports skyrocketed to $X in 2022. Overall, imports, however, showed a perceptible decrease. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil dominates imports structure, accounting for X units, which was near X% of total imports in 2022. Colombia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to electrical transformer imports into Brazil stood at X%. At the same time, Colombia (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Brazil (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported electrical transformers in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Brazil was relatively modest.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the import price, however, showed a deep slump. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Colombia ($X per unit), while Brazil stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%).

Source: IndexBox Platform