EU: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA in the EU

The EU market for electrical transformers with liquid dielectric, of power handling capacity under X kVA surged to $X in 2023, growing by X% against the previous year. Overall, consumption recorded notable growth. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a lower figure.

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

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity under X kVA shrank modestly to $X in 2023 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2022, and then contracted in the following year.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA

Exports in the EU

In 2023, after two years of growth, there was decline in overseas shipments of electrical transformers with liquid dielectric, of power handling capacity under X kVA, when their volume decreased by X% to X units. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA rose markedly to $X in 2023. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked in 2023 and is likely to continue growth in the near future.

Exports by Country

Germany was the largest exporting country with an export of around X units, which accounted for X% of total exports. It was distantly followed by the Netherlands (X units), Romania (X units), France (X units) and Italy (X units), together mixing up a X% share of total exports. Slovakia (X units), Belgium (X units), the Czech Republic (X units), Austria (X units), Hungary (X units), Bulgaria (X units), Spain (X units) and Poland (X units) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of X% from 2012 to 2023. At the same time, the Netherlands (X%), Bulgaria (X%), Belgium (X%), France (X%), Poland (X%), Romania (X%), Slovakia (X%), Hungary (X%) and Austria (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 2012-2023. Spain experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%) and Italy (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.), Belgium (X p.p.), France (X p.p.) and Bulgaria (X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic, Italy and Germany saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Germany, exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Italy (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per unit, rising by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible setback. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2023, 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 Spain ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced more modest paces of growth.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA

Imports in the EU

In 2023, the amount of electrical transformers with liquid dielectric, of power handling capacity under X kVA imported in the European Union contracted to X units, with a decrease of X% against the year before. Overall, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports of reached the maximum at X units in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA expanded notably to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of reached the peak figure in 2023 and are likely to see steady growth in the near future.

Imports by Country

In 2023, Hungary (X units), Germany (X units), Poland (X units), France (X units), Austria (X units), Italy (X units), Spain (X units), the Netherlands (X units), the Czech Republic (X units), Slovakia (X units) and Romania (X units) represented the major importer of electrical transformers with liquid dielectric, of power handling capacity under X kVA in the European Union, mixing up X% of total import.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity under X kVA in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

In Germany, imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: France (X% per year) and Italy (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2023, increasing by X% against the previous year. In general, the import price, however, saw a pronounced setback. The growth pace was the most rapid in 2022 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform