Key Market Indicators
In 2021, Ukrainian exports of transformers fell by 9.2% to $47.1 million compared to 2020. This marks a 9.4% decrease since 2001. Tanzania was ahead of Ukraine, with $47.1 million in exports in 2021. Germany, the United States and Japan ranked second, third and fourth respectively. By 2026, Ukrainian imports of transformers are expected to reach $286.1 million, a 2.7% increase year-on-year. Since 2001, Ukrainian demand has risen by 12.7%. Chile is ahead of Ukraine, with imports of $243.8 million in 2021. China, Germany and Mexico ranked second, third and fourth respectively.