The re-import of liquid dielectric transformers with a power handling capacity of 10,000 KVA or more to Canada is forecasted to increase steadily from 2024 to 2028, with values ranging from 22 to 26 s. Compared to 2023, where the re-import value stood at 21 s, this indicates a gradual but steady upward trend. Each year shows an approximate increase of about 4.5% in re-import value.
Future trends to watch for include:
- Technological advancements in transformer efficiency and performance.
- Changes in Canada's energy policies that might affect demand for high-capacity transformers.
- Global supply chain shifts impacting availability and costs of transformers.
- Emerging markets within Canada increasing their transformer needs.