Key Market Indicators
The Samoan transformer market is expected to reach $3.13 million by 2026, up from $2.59 million in 2021. This translates to an average growth rate of 3.2% year on year. Since 2006, Samoan demand for transformers has increased by 13.4% annually. In 2021, the country ranked 130th, with Belize coming in at 129th with $2.6 million. China, Germany and Mexico ranked second, third and fourth, respectively. On the export side, Samoan transformer exports are set to reach $45,910 by 2026, up from $35,910 in 2021. This translates to an average growth rate of 4.1% year on year. Since 2006, Samoan supply of transformers has increased by 111.7%. In 2021, the country ranked 121st, with Malawi coming in at 120th with $35,910. Germany, the United States and Japan ranked second, third and fourth, respectively.
