Eastern Europe: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA 2024

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Eastern Europe

The East European market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA rose slightly to $X in 2022, growing by X% against the previous year. Overall, consumption recorded temperate growth. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA dropped to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a notable expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Exports in Eastern Europe

In 2022, the amount of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA exported in Eastern Europe fell rapidly to X units, which is down by X% compared with 2021 figures. In general, exports, however, posted modest growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA stood at $X in 2022. Total exports indicated a pronounced 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, exports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

The biggest shipments were from Hungary (X units), Poland (X units), the Czech Republic (X units) and Belarus (X units), together reaching X% of total export. It was distantly followed by Russia (X units) and Bulgaria (X units), together generating a X% share of total exports. Slovakia (X units) followed a long way behind the leaders.

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

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity over X kVA supplying countries in Eastern Europe were Hungary ($X), the Czech Republic ($X) and Poland ($X), with a combined X% share of total exports. Russia, Belarus, Bulgaria and Slovakia lagged somewhat behind, together accounting for a further X%.

Bulgaria, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the export price continues to indicate modest growth. The growth pace was the most rapid in 2020 when the export price increased by X%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus ($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 Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Imports in Eastern Europe

In 2022, overseas purchases of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA increased by X% to X units, rising for the fifth year in a row after three years of decline. Over the period under review, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA expanded to $X in 2022. Overall, imports, however, saw a mild shrinkage. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports of reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X units), the Czech Republic (X units) and Russia (X units) represented roughly X% of total imports in 2022. Slovakia (X units) held the next position in the ranking, distantly followed by Romania (X units). All these countries together held near X% share of total imports. Hungary (X units) held a little share 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 Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity over X kVA importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), with a combined X% share of total imports. Romania, Slovakia and Hungary lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Hungary, 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

The import price in Eastern Europe stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Romania ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform