Finland - Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Finland - 2023
Contents:
- Price for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Finland (CIF) - 2022
- Price for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Finland (FOB) - 2022
- Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Finland
- Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Finland
Price for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Finland (CIF) - 2022
The average import price for electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA stood at $12,513 per unit in 2022, waning by -12.8% against the previous year. Over the period under review, the import price, however, saw a perceptible increase. The pace of growth was the most pronounced in 2017 an increase of 79%. As a result, import price reached the peak level of $17,819 per unit. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($36,562 per unit), while the price for Sweden ($7,504 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+36.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Finland (FOB) - 2022
The average export price for electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA stood at $48,284 per unit in 2022, picking up by 6.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2016 an increase of 59% against the previous year. As a result, the export price attained the peak level of $64,256 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($93,719 per unit), while the average price for exports to the United States ($23,396 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Finland
In 2022, imports of electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA into Finland soared to 2K units, with an increase of 20% on the previous year's figure. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 70%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA rose slightly to $26M in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 62%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.3 | 2.9 | 9.6 | 17.5 | 96.7% |
| Sweden | 4.2 | 3.8 | 5.4 | 3.8 | -3.3% |
| Spain | 0.4 | 0.5 | 1.0 | 0.6 | 14.5% |
| Hungary | 0.6 | N/A | 0.4 | 0.4 | -12.6% |
| Poland | 0.2 | 0.2 | 0.1 | 0.3 | 14.5% |
| Denmark | 2.0 | 1.9 | 4.2 | 0.1 | -63.2% |
| Others | 4.0 | 5.8 | 3.7 | 2.9 | -10.2% |
| Total | 13.5 | 15.1 | 24.4 | 25.6 | 23.8% |
Top Suppliers of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA to Finland in 2022:
- Italy (1379.0 units)
- Sweden (503.0 units)
- Poland (38.0 units)
- Spain (38.0 units)
- Hungary (18.0 units)
- Denmark (4.0 units)
Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Finland
Exports of electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA from Finland soared to 242 units in 2022, rising by 22% compared with the previous year. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over 500 kVA soared to $12M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 229 | N/A | 1,655 | 4,804 | 175.8% |
| Sweden | 103 | 19.6 | 2,006 | 3,320 | 218.2% |
| United States | 620 | 432 | 429 | 655 | 1.8% |
| Norway | 1,770 | 1,068 | 918 | 602 | -30.2% |
| South Korea | 1,039 | N/A | 1,735 | 395 | -27.6% |
| Russia | 39.6 | 60.0 | 48.3 | 375 | 111.6% |
| Ireland | N/A | N/A | N/A | 333 | 0% |
| Estonia | 378 | N/A | N/A | 244 | -13.6% |
| Netherlands | 305 | 414 | 412 | 230 | -9.0% |
| China | 1,481 | 1,362 | 914 | 180 | -50.5% |
| Germany | 615 | 11.8 | N/A | 91.0 | -47.1% |
| Singapore | 1,147 | 617 | N/A | N/A | -46.2% |
| Others | 1,779 | 3,050 | 825 | 455 | -36.5% |
| Total | 9,507 | 7,035 | 8,941 | 11,685 | 7.1% |
Top Export Markets for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA from Finland in 2022:
- Denmark (82.0 units)
- Sweden (60.0 units)
- United States (28.0 units)
- Norway (16.0 units)
- South Korea (9.0 units)
- Netherlands (7.0 units)
- Ireland (6.0 units)
- Estonia (5.0 units)
- Russia (4.0 units)
- China (3.0 units)
- Germany (2.0 units)
This report provides an in-depth analysis of the market for electrical transformers with non-liquid dielectric, of power handling capacity over 500 kva in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27114380 - Transformers, n.e.c., having a power handling capacity > .500 kVA
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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