Denmark: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA in Denmark

The Danish market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA reduced slightly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from X kVA - X kVA in Denmark

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA shrank notably to $X in 2022 estimated in export price. Overall, production showed a sharp setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth remained at a lower figure.

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Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Exports from Denmark

In 2022, after two years of growth, there was significant decline in shipments abroad of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA, when their volume decreased by X% to X units. Overall, exports, however, saw measured growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA declined significantly to $X in 2022. In general, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports of attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units), Italy (X units) and Belgium (X units) were the main destinations of exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA from Denmark, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Italy ($X) and Faroe Islands ($X) were the largest markets for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA exported from Denmark worldwide, with a combined X% share of total exports.

Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA stood at $X per unit in 2022, which is down by X% against the previous year. In general, the export price, however, showed strong growth. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Hungary ($X 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 Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Imports into Denmark

In 2022, the amount of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA imported into Denmark declined notably to X units, which is down by X% on 2021. In general, imports, however, showed buoyant growth. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then fell markedly in the following year.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA soared to $X in 2022. Over the period under review, imports, however, saw strong growth. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, the Czech Republic (X units) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA to Denmark, accounting for a X% share of total imports. Moreover, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA from the Czech Republic exceeded the figures recorded by the second-largest supplier, Turkey (X units), twofold. The third position in this ranking was held by China (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from the Czech Republic stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and China (X% per year).

In value terms, Poland ($X) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA to Denmark, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by the Czech Republic, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2022, the average import price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform