Kyrgyzstan: Transformer Market 2020

Transformer Market Size in Kyrgyzstan

The revenue of the transformer market in Kyrgyzstan amounted to $X in 2018, growing by X% against the previous year. Overall, transformer consumption continues to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, the transformer market reached its peak figure level in 2018 and is likely to see steady growth in the near future.

Transformer Production in Kyrgyzstan

In value terms, transformer production totaled $X in 2018 estimated in export prices. In general, transformer production continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2012 when production volume increased by X% year-to-year. Over the period under review, transformer production reached its peak figure level in 2018 and is expected to retain its growth in the near future.

Transformer Exports

Exports from Kyrgyzstan

In 2018, approx. X units of electrical transformers were exported from Kyrgyzstan; stabilizing at the previous year. Overall, transformer exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Kyrgyzstan exports peaked at X units in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

In value terms, transformer exports amounted to $X in 2018. In general, transformer exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Kyrgyzstan exports peaked at $X in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China prevails in transformer exports structure, resulting at X units, which was near X% of total exports in 2018. It was distantly followed by Germany (X units), creating a X% share of total exports. Japan (X units), Malaysia (X units) and China, Hong Kong SAR (X units) followed a long way behind the leaders.

China experienced a relatively flat trend pattern of electrical transformers exports. At the same time, Malaysia (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Japan (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. China (+X p.p.), Germany (+X p.p.) and Malaysia (+X p.p.) significantly strengthened its position in terms of the global exports, while Japan and China, Hong Kong SAR saw its share reduced by -X% and -X% from 2007 to 2018, respectively.

In value terms, China ($X) remains the largest transformer supplier from Kyrgyzstan, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by China, Hong Kong SAR, with a X% share.

In China, transformer exports increased at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+X% per year) and China, Hong Kong SAR (-X% per year).

Export Prices by Country

In 2018, the transformer export price in Kyrgyzstan amounted to $X per unit, rising by X% against the previous year. In general, the export price indicated a resilient increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, transformer export price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. Over the period under review, the export prices for electrical transformers attained their maximum in 2018 and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was China, Hong Kong SAR ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Transformer Imports

Imports into Kyrgyzstan

In 2018, approx. X units of electrical transformers were imported into Kyrgyzstan; dropping by -X% against the previous year. Over the period under review, transformer imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Kyrgyzstan imports peaked at X units in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, transformer imports totaled $X in 2018. Overall, transformer imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, transformer imports reached their maximum at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

China, Hong Kong SAR was the key importing country with an import of about X units, which amounted to X% of total imports. It was distantly followed by China (X units), Mexico (X units), Brazil (X units) and Germany (X units), together generating a X% share of total imports. The U.S. (X units), Malaysia (X units), Hungary (X units), India (X units) and Poland (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to transformer imports into China, Hong Kong SAR stood at +X%. At the same time, Brazil (+X%), Hungary (+X%), India (+X%), Poland (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, China (-X%), Malaysia (-X%), the U.S. (-X%) and Germany (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (+X p.p.) and Brazil (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of the U.S. (-X p.p.), China (-X p.p.) and Germany (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported electrical transformers into Kyrgyzstan, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and China, Hong Kong SAR (+X% per year).

Import Prices by Country

The transformer import price in Kyrgyzstan stood at $X per unit in 2018, jumping by X% against the previous year. Over the period under review, the transformer import price, however, continues to indicate a drastic setback. The pace of growth was the most pronounced in 2009 when the import price increased by X% year-to-year. Kyrgyzstan import price peaked at $X per unit in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform