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.
