Eastern Europe: Electrical Transformer Market 2025

Electrical Transformer Market Size in Eastern Europe

In 2022, the East European electrical transformer market increased by X% to $X, rising for the fifth consecutive year after four years of decline. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Electrical Transformer Production in Eastern Europe

In value terms, electrical transformer production dropped to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2021, and then dropped in the following year.

Electrical Transformer Exports

Exports in Eastern Europe

After four years of growth, shipments abroad of electrical transformers decreased by X% to X units in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X units, leveling off in the following year.

In value terms, electrical transformer exports expanded rapidly to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; afterwards, it flattened through to 2022.

Exports by Country

In 2022, the Czech Republic (X units) and Hungary (X units) represented the main exporters of electrical transformers in Eastern Europe, together making up X% of total exports. Poland (X units) took the next position in the ranking, distantly followed by Moldova (X units). All these countries together held near X% share of total exports. Romania (X units), Slovakia (X units) and Ukraine (X units) followed a long way behind the leaders.

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

In value terms, Poland ($X) remains the largest electrical transformer supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

In Poland, electrical transformer exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Hungary (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, rising by X% against the previous year. In general, the export price, however, continues to indicate a precipitous decline. The growth pace was the most rapid in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced a decline in the export price figures.

Electrical Transformer Imports

Imports in Eastern Europe

After six years of growth, supplies from abroad of electrical transformers decreased by X% to X units in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then declined in the following year.

In value terms, electrical transformer imports dropped to $X in 2022. Overall, imports saw a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Hungary prevails in imports structure, finishing at X units, which was approx. X% of total imports in 2022. It was distantly followed by Poland (X units), achieving a X% share of total imports. The following importers - Slovakia (X units), the Czech Republic (X units) and Belarus (X units) - each resulted at a X% share of total imports.

Hungary was also the fastest-growing in terms of the electrical transformers imports, with a CAGR of X% from 2012 to 2022. At the same time, Belarus (X%), Slovakia (X%), the Czech Republic (X%) and Poland (X%) displayed positive paces of growth. While the share of Hungary (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Czech Republic (X p.p.), Slovakia (X p.p.) and Poland (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electrical transformer importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Hungary ($X), with a combined X% share of total imports.

Among the main importing countries, Hungary, with a CAGR of X%, 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 2022, the import price in Eastern Europe amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a precipitous decline. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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