In 2023, the value of electric transformer and static converter imports to Argentina stood at 311.72 million US dollars. Forecasts for the years 2024 to 2028 indicate a steady growth in the import values. Specifically, the values for the years are expected to be 317.49 million US dollars in 2024, increasing to 323.23 million US dollars in 2025, further rising to 328.85 million US dollars in 2026, 334.36 million US dollars in 2027, and finally reaching 339.77 million US dollars in 2028.
Year-on-year, the percentages of growth from 2024 to 2025, 2025 to 2026, 2026 to 2027, and 2027 to 2028 are as follows:
- 2024-2025: 1.81%
- 2025-2026: 1.74%
- 2026-2027: 1.68%
- 2027-2028: 1.62%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is 1.73%, reflecting steady growth in import values over this five-year period.
Future trends to watch include potential impacts from global supply chain changes, technological advancements in transformer efficiency, and economic policies influencing trade relationships. Additionally, increased demand for renewable energy infrastructure may drive higher imports of advanced electric transformers and static converters.
Latest reports
US AC-DC Power Supplies Market Report- Q1 2025
In the first quarter of 2025, the AC-DC power supplies market in the United States is navigating a complex landscape characterized by technological...
UK AC-DC Power Supplies Market Report- Q4 2024
The AC-DC power supplies market in the UK experienced significant developments in Q4 2024, primarily driven by the demand for energy-efficient technologies and...
