EU: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA in the EU

In 2022, the EU market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA increased by X% to $X, rising for the fifth year in a row after four years of decline. Overall, consumption continues to indicate a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA in the EU

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Exports in the EU

Exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA surged to X units in 2022, with an increase of X% on the previous year. Overall, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA totaled $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

Poland was the largest exporter of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA in the European Union, with the volume of exports amounting to X units, which was approx. X% of total exports in 2022. Hungary (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Spain (X%), Italy (X%), the Netherlands (X%) and Croatia (X%). The following exporters - Germany (X units), Ireland (X units), Sweden (X units), France (X units), Austria (X units), Slovakia (X units) and Belgium (X units) - together made up X% of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%), Slovakia (X%), Hungary (X%), Croatia (X%), Germany (X%), Sweden (X%) and Spain (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Ireland experienced a relatively flat trend pattern. By contrast, France (X%), Austria (X%), Belgium (X%) and Italy (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Hungary, the Netherlands, Croatia, Spain and Slovakia increased by X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA supplying countries in the European Union were Austria ($X), Poland ($X) and Germany ($X), together accounting for X% of total exports. Italy, Hungary, Spain, Ireland, France, the Netherlands, Croatia, Slovakia, Belgium and Sweden lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 the European Union stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The level of export peaked at $X per unit in 2021, and then reduced in the following year.

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 Austria ($X per unit), while Sweden ($X per unit) was amongst the lowest.

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

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Imports in the EU

For the fifth year in a row, the European Union recorded growth in purchases abroad of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA, which increased by X% to X units in 2022. Over the period under review, imports posted resilient growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA expanded markedly to $X in 2022. Overall, imports saw a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

In 2022, Spain (X units) was the largest importer of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA, making up X% of total imports. It was distantly followed by the Netherlands (X units), Sweden (X units), Denmark (X units), Germany (X units) and Poland (X units), together creating a X% share of total imports. The following importers - Ireland (X units), France (X units), Belgium (X units), Italy (X units), Greece (X units), Austria (X units) and Bulgaria (X units) - together made up X% of total imports.

Imports into Spain increased at an average annual rate of X% from 2012 to 2022. At the same time, Ireland (X%), Sweden (X%), Poland (X%), the Netherlands (X%), Denmark (X%), Belgium (X%), Austria (X%), Bulgaria (X%), Greece (X%) and France (X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, Italy (X%) illustrated a downward trend over the same period. While the share of Spain (X p.p.), the Netherlands (X p.p.), Sweden (X p.p.), Denmark (X p.p.), Ireland (X p.p.) and Poland (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of France (X p.p.), Italy (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA importing markets in the European Union were Spain ($X), Germany ($X) and Sweden ($X), with a combined X% share of total imports. France, Belgium, Denmark, Italy, Austria, Poland, the Netherlands, Greece, Bulgaria and Ireland lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, the Netherlands, 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 the European Union stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the import price recorded a abrupt setback. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per unit), while Ireland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform