Denmark: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA in Denmark

The Danish market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022, with an increase of 287% against the previous year. Over the period under review, consumption recorded a significant increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA in Denmark

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible descent. The growth pace was the most rapid in 2016 with an increase of 631% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production of growth remained at a somewhat lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Exports from Denmark

Exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA from Denmark reduced dramatically to X units in 2022, with a decrease of -60.9% against 2021. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,510% against the previous year. As a result, the exports reached the peak of X units, and then shrank significantly in the following year.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA dropped significantly to $X in 2022. Over the period under review, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 437% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Poland (X units), Faroe Islands (X units) and Japan (X units) were the main destinations of exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA from Denmark, together accounting for 84% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Faroe Islands (with a CAGR of +134.7%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Poland ($X) and Faroe Islands ($X) were the largest markets for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA exported from Denmark worldwide, together accounting for 83% of total exports. Turkey, the UK and the United States lagged somewhat behind, together accounting for a further 16%.

Turkey, with a CAGR of +295.6%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2022, picking up by 23% against the previous year. Over the period under review, the export price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2016 an increase of 84% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-5.7%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Imports into Denmark

In 2022, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA into Denmark surged to X units, increasing by 236% compared with the previous year. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 3,567% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA expanded modestly to $X in 2022. Over the period under review, total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -31.7% against 2016 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 72% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Turkey (X units), Poland (X units) and Hungary (X units) were the main suppliers of imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA to Denmark, with a combined 72% share of total imports. Croatia, Romania, Japan and Austria lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +789.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA to Denmark, comprising 53% of total imports. The second position in the ranking was held by Poland ($X), with an 18% share of total imports. It was followed by Austria, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to +67.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+22.3% per year) and Austria (-15.7% per year).

Import Prices by Country

In 2022, the average import price for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, dropping by -69.1% against the previous year. Over the period under review, the import price continues to indicate a sharp reduction. The pace of growth was the most pronounced in 2016 when the average import price increased by 22% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-33.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :