The forecast for the import of liquid dielectric transformers to China, with a capacity of 10,000 KVA and more, shows a steady increase from 2024 to 2028. Import volumes in 2024 are projected at 13.994 million kilograms, rising to 14.618 million kilograms by 2028. This indicates a stable growth trend with minimal fluctuation year-on-year. The compound annual growth rate (CAGR) over this period is consistent and modest.
Future trends to watch for include advancements in domestic transformer production that could affect import demand, shifts in energy policy favoring local production, and potential technological improvements that could alter power capacity needs. These factors could influence future import volumes significantly.
