Research reading
Transformers: n.e.c. in item no. 8504.2, having a power handling capacity exceeding 1kVA but not exceeding 16kVA demand and the China (CHN) to JPN (JPN) lane
JPN (JPN) reported $41.8M of transformers: n.e.c. in item no. 8504.2, having a power handling capacity exceeding 1kva but not exceeding 16kva imports in 2024. China (CHN) accounted for 55.8% of the observed market and reported $23.3M in exports on this lane.
The latest annual values eased slightly, while the longer available history shows +4.9% buyer growth and +8.5% exporter growth. The page separates reported values from projections and indicators.
