Poland: Electrical Transformer Market 2022

Electrical Transformer Market Size in Poland

In 2021, the Polish electrical transformer market decreased by -60.4% to $X, falling for the sixth consecutive year after two years of growth. Overall, consumption saw a precipitous setback. Electrical transformer consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Electrical Transformer Production in Poland

In value terms, electrical transformer production rose sharply to $X in 2021 estimated in export price. Over the period under review, production, however, saw a mild contraction. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Electrical Transformer Exports

Exports from Poland

Electrical transformer exports from Poland skyrocketed to X units in 2021, with an increase of 2,006% on the year before. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical transformer exports soared to $X in 2021. In general, total exports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), France (X units) and Sweden (X units) were the main destinations of electrical transformer exports from Poland, together accounting for 57% of total exports. Hungary, the UK, Belgium, the Netherlands, the Czech Republic, Denmark, Finland, Ukraine, Romania and Austria lagged somewhat behind, together comprising a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +107.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electrical transformer exported from Poland were Germany ($X), Belgium ($X) and France ($X), with a combined 39% share of total exports. These countries were followed by Sweden, Denmark, Finland, the UK, the Netherlands, Hungary, Austria, the Czech Republic, Ukraine and Romania, which together accounted for a further 26%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +30.2%, saw 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

In 2021, the average electrical transformer export price amounted to $X per unit, which is down by -86.5% against the previous year. In general, the export price recorded a significant curtailment. The growth pace was the most rapid in 2016 an increase of 78%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Belgium ($X per unit), while the average price for exports to the Czech Republic ($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 the Netherlands (-15.2%), while the prices for the other major destinations experienced a decline.

Electrical Transformer Imports

Imports into Poland

Electrical transformer imports into Poland rose remarkably to X units in 2021, picking up by 6.8% against 2020 figures. In general, total imports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 58%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, electrical transformer imports soared to $X in 2021. Over the period under review, total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of electrical transformer imports to Poland, together accounting for 80% of total imports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +75.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical transformer suppliers to Poland were Germany ($X), China ($X) and the Czech Republic ($X), with a combined 45% share of total imports. France, South Korea, Denmark, the Netherlands, Croatia and Sweden lagged somewhat behind, together comprising a further 17%.

In terms of the main suppliers, the Netherlands, with a CAGR of +28.8%, 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 2021, the average electrical transformer import price amounted to $X per unit, rising by 91% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+75.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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