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 expanded modestly to $X in 2023, growing by X% against the previous year. Over the period under review, consumption recorded a noticeable increase. The level of consumption peaked at $X in 2021; afterwards, it flattened through to 2023.

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 expanded to $X in 2023 estimated in export price. Over the period under review, production recorded a notable expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

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

Exports in Eastern Europe

Exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA surged to X units in 2023, picking up by X% on the year before. Over the period under review, exports enjoyed a remarkable increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2023, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA skyrocketed to $X in 2023. Total exports indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X units) and Russia (X units) represented roughly X% of total exports in 2023. Poland (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Hungary (X%) and Belarus (X%). Bulgaria (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Czech Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Hungary ($X) and Poland ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

The Czech Republic, 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 2023, with a decrease of X% against the previous year. In general, the export price continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2023, 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 2023, after five years of growth, there was significant decline in overseas purchases of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA, when their volume decreased by X% to X units. Over the period under review, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of import peaked at X units in 2022, and then contracted in the following year.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA soared to $X in 2023. In general, imports, however, continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Poland (X units), Russia (X units), Slovakia (X units) and Romania (X units) represented the key importer of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA in Eastern Europe, mixing up X% of total import. The Czech Republic (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (X%).

From 2012 to 2023, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and Romania ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports. The Czech Republic, Hungary and Slovakia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Hungary, with a CAGR of X%, saw 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 import price in Eastern Europe stood at $X per unit in 2023, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a drastic downturn. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, 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