Key Market Indicators
Rwandan imports of transformers are expected to reach $26.4 million by 2026, up 3% annually on average from $22 million in 2021. Since 2001, demand in Rwanda has increased 2.7% per year. In 2021, the country was ranked 101st, behind Burkina Faso at $22 million. China, Germany, and Mexico held the top three positions. Meanwhile, exports of transformers from Rwanda are projected to reach $571,000 by 2026, up 2.8% annually on average from $484,000 in 2021. Since 2007, supply has grown 14.5% each year. In 2021, Rwanda was ranked 100th, with Ethiopia surpassing it at $484,000. Germany, the United States, and Japan were the top three exporters.
