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

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

The EU market for electrical transformers with liquid dielectric, of power handling capacity over X kVA expanded notably to $X in 2022, surging by X% against the previous year. Overall, consumption, however, saw a deep downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

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

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity over X kVA fell to $X in 2022 estimated in export price. In general, production, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Exports in the EU

In 2022, approx. X units of electrical transformers with liquid dielectric, of power handling capacity over X kVA were exported in the European Union; jumping by X% against 2021 figures. In general, exports saw a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA expanded sharply to $X in 2022. Overall, exports, however, continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden prevails in kVA structure, accounting for X units, which was near X% of total exports in 2022. Italy (X units) held a little share of total exports.

Sweden was also the fastest-growing in terms of the electrical transformers with liquid dielectric, of power handling capacity over X kVA exports, with a CAGR of X% from 2012 to 2022. Italy (X%) illustrated a downward trend over the same period. While the share of Sweden (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Italy (X p.p.) displayed negative dynamics.

In value terms, Italy ($X) remains the largest electrical transformers with liquid dielectric, of power handling capacity over X kVA supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports.

In Italy, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per unit), while Sweden stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%).

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Imports in the EU

In 2022, overseas purchases of electrical transformers with liquid dielectric, of power handling capacity over X kVA increased by X% to X units, rising for the fourth year in a row after two years of decline. In general, imports showed strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA expanded significantly to $X in 2022. The total import 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 throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Sweden (X units) and Cyprus (X units) represented the largest importers of electrical transformers with liquid dielectric, of power handling capacity over X kVA in 2022, recording near X% and X% of total imports, respectively. The Netherlands (X units) ranks next in terms of the total imports with a X% share, followed by Italy (X%) and Spain (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Cyprus (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 liquid dielectric, of power handling capacity over X kVA importing markets in the European Union were Spain ($X), Sweden ($X) and the Netherlands ($X), with a combined X% share of total imports.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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, dropping by X% against the previous year. Overall, the import price saw a abrupt slump. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 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 Spain ($X per unit), while Cyprus ($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 a decline in the import price figures.

Source: IndexBox Platform