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Saint Vincent and Grenadines Transformer Industry Outlook 2022 - 2026

See how Saint Vincent and Grenadines Transformer performed compared to key markets such as the United States, China and Germany.

Key Market Indicators

Vincentian transformer import is projected to rise by 0.8% annually, hitting $1.7 million by 2026. This is up from $1.6 million in 2021. Since 1998, demand from Vincentian has dropped 7.7% each year. China, Germany and Mexico rank second, third and fourth in this category. Meanwhile, Vincentian transformer export saw a huge increase in 2018, reaching $25,760 from $5,190 in 2017 – a 396.3% boost. Since 1998, supply of transformers to Vincentian has decreased 40.7% annually.

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Saint Vincent and Grenadines Transformer Market Data and Forecasts