France: Electrical Transformer Market 2022

Electrical Transformer Market Size in France

The French electrical transformer market rose significantly to $X in 2021, increasing by 12% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Electrical Transformer Production in France

In value terms, electrical transformer production totaled $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 11%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Electrical Transformer Exports

Exports from France

In 2021, shipments abroad of electrical transformers increased by 1,482% to X units, rising for the third year in a row after two years of decline. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical transformer exports soared to $X in 2021. Over the period under review, exports, however, saw a abrupt decline. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Romania (X units), Poland (X units) and Germany (X units) were the main destinations of electrical transformer exports from France, together comprising 51% of total exports.

From 2012 to 2021, the biggest increases were in Romania (with a CAGR of +94.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and Italy ($X) appeared to be the largest markets for electrical transformer exported from France worldwide, with a combined 22% share of total exports. The United States, Poland, Denmark, the Netherlands, Hungary, Tunisia, the Czech Republic and Romania lagged somewhat behind, together accounting for a further 20%.

In terms of the main countries of destination, Poland, with a CAGR of +15.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electrical transformer export price stood at $X per unit in 2021, shrinking by -89.5% against the previous year. Overall, the export price continues to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-18.7%), while the prices for the other major destinations experienced a decline.

Electrical Transformer Imports

Imports into France

In 2021, purchases abroad of electrical transformers increased by 372% to X units, rising for the third consecutive year after two years of decline. Over the period under review, imports saw a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical transformer imports soared to $X in 2021. In general, imports showed a relatively flat trend pattern. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and Poland (X units) were the main suppliers of electrical transformer imports to France, together comprising 81% of total imports.

From 2012 to 2021, the biggest increases were in Germany (with a CAGR of +39.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Italy ($X) and Germany ($X) constituted the largest electrical transformer suppliers to France, with a combined 49% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of +18.4%, recorded the highest rates of growth with regard to 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 average electrical transformer import price stood at $X per unit in 2021, with a decrease of -62.1% against the previous year. In general, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 32%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+17.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :