Denmark: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA 2025

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

The Danish market for electrical transformers with liquid dielectric, of power handling capacity under X kVA skyrocketed to $X in 2022, growing by 20% against the previous year. Over the period under review, consumption continues to indicate a perceptible curtailment. As a result, consumption attained the peak level of $X. From 2017 to 2022, 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 Denmark

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity under X kVA surged to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 83% against the previous year. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

Exports from Denmark

For the fifth consecutive year, Denmark recorded growth in shipments abroad of electrical transformers with liquid dielectric, of power handling capacity under X kVA, which increased by 17% to X units in 2022. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 983%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA soared to $X in 2022. Overall, exports saw slight growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), Poland (X units) and Sweden (X units) were the main destinations of exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA from Denmark, with a combined 70% share of total exports. The Czech Republic, Norway, Austria, Thailand, the United States, Hungary, France and Italy lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +66.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for electrical transformers with liquid dielectric, of power handling capacity under X kVA exports from Denmark, comprising 60% of total exports. The second position in the ranking was held by the United States ($X), with a 4.9% share of total exports. It was followed by France, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+10.7% per year) and France (-5.7% per year).

Export Prices by Country

In 2022, the average export price for electrical transformers with liquid dielectric, of power handling capacity under X kVA amounted to $X per unit, increasing by 113% against the previous year. In general, the export price, however, saw a sharp shrinkage. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to the Czech Republic ($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 France (-8.3%), while the prices for the other major destinations experienced a decline.

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

Imports into Denmark

After four years of growth, purchases abroad of electrical transformers with liquid dielectric, of power handling capacity under X kVA decreased by -69% to X units in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 257%. As a result, imports attained the peak of X units, and then contracted notably in the following year.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA expanded remarkably to $X in 2022. Over the period under review, imports recorded a noticeable setback. The growth pace was the most rapid in 2016 with an increase of 51% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Thailand (X units) and Germany (X units) were the main suppliers of imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA to Denmark, together accounting for 77% of total imports. The Netherlands, Hong Kong SAR, Taiwan (Chinese), Belgium, Italy and Poland lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +28.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity under X kVA suppliers to Denmark were China ($X), Thailand ($X) and Germany ($X), together comprising 50% of total imports. The Netherlands, Poland, Italy, Hong Kong SAR, Taiwan (Chinese) and Belgium lagged somewhat behind, together comprising a further 12%.

The Netherlands, with a CAGR of +25.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for electrical transformers with liquid dielectric, of power handling capacity under X kVA stood at $X per unit in 2022, surging by 252% against the previous year. In general, the import price, however, showed a perceptible curtailment. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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