Key Market Indicators
Malawian transformer exports are projected to reach around $18 million by 2026, a decrease of 16.8% from 2021's figure of $50 million. This follows a 24.8% year-on-year increase since 1995. In 2021, Malawi was ranked 120th, with Lesotho taking the lead with $50 million. Germany, the United States, and Japan followed in 2nd, 3rd, and 4th place respectively. Malawian transformer imports are expected to grow by 4% each year on average, reaching around $42 million by 2026. This follows a 32.9% year-on-year increase since 1995. In 2021, Malawi was ranked 95th, with Cameroon just ahead with $33 million. China, Germany, and Mexico held the next three positions in the ranking.
