Eastern Europe: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA in Eastern Europe

In 2022, after two years of growth, there was significant decline in the East European market for electrical transformers with liquid dielectric, of power handling capacity under X kVA, when its value decreased by X% to $X. The total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under X kVA in Eastern Europe

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity under X kVA surged to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when the production volume increased by X%. The level of production peaked in 2022 and is expected to retain growth in the immediate term.

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Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA

Exports in Eastern Europe

In 2022, the amount of electrical transformers with liquid dielectric, of power handling capacity under X kVA exported in Eastern Europe reduced slightly to X units, declining by X% on 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA fell modestly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports of attained the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

The biggest shipments were from Romania (X units), Slovakia (X units), the Czech Republic (X units), Hungary (X units), Ukraine (X units), Bulgaria (X units) and Poland (X units), together reaching X% of total export.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the largest electrical transformers with liquid dielectric, of power handling capacity under X kVA supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

In the Czech Republic, exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Hungary (X% per year) and Bulgaria (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, remaining stable against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

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

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA

Imports in Eastern Europe

In 2022, purchases abroad of electrical transformers with liquid dielectric, of power handling capacity under X kVA decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then shrank in the following year.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA amounted to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Hungary (X units) and Poland (X units) were the key importers of electrical transformers with liquid dielectric, of power handling capacity under X kVA in 2022, finishing at near X% and X% of total imports, respectively. The Czech Republic (X units) ranks next in terms of the total imports with a X% share, followed by Slovakia (X%) and Romania (X%). The following importers - Russia (X units) and Bulgaria (X units) - together made up X% of total imports.

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

In value terms, the Czech Republic ($X), Poland ($X) and Hungary ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, the Czech Republic, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, surging by X% against the previous year. In general, the import price, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform