Eastern Europe: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA in Eastern Europe

The East European market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA skyrocketed to $X in 2022, picking up by 30% against the previous year. Overall, consumption continues to indicate strong growth. Over the period under review, the market attained the maximum 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 - X kVA in Eastern Europe

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA totaled $X in 2022 estimated in export price. Over the period under review, production saw significant growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 661%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Exports in Eastern Europe

In 2022, after two years of growth, there was decline in overseas shipments of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA, when their volume decreased by -3.2% to X units. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 10,026%. The volume of export peaked at X units in 2021, and then dropped slightly in the following year.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belarus (X units) and Poland (X units) represented the major exporters of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA in 2022, finishing at approx. 40% and 36% of total exports, respectively. Bulgaria (X units) held an 11% share (based on physical terms) of total exports, which put it in second place, followed by Slovakia (7.4%) and Hungary (6.2%).

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +88.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA supplier in Eastern Europe, comprising 52% of total exports. The second position in the ranking was held by Belarus ($X), with a 25% share of total exports. It was followed by Bulgaria, with a 12% share.

In Poland, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA expanded at an average annual rate of +6.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (-1.4% per year) and Bulgaria (+11.1% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, with an increase of 55% against the previous year. Over the period under review, the export price, however, continues to indicate a sharp contraction. 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.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (-28.8%), while the other leaders experienced a decline in the export price figures.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Imports in Eastern Europe

For the fifth consecutive year, Eastern Europe recorded growth in supplies from abroad of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA, which increased by 13% to X units in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 3,281%. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA declined markedly to $X in 2022. In general, imports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Poland represented the major importer of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA in Eastern Europe, with the volume of imports finishing at X units, which was approx. 44% of total imports in 2022. The Czech Republic (X units) took the second position in the ranking, distantly followed by Romania (X units), Hungary (X units), Estonia (X units) and Bulgaria (X units). All these countries together held approx. 54% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +73.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Romania ($X) and Poland ($X) were the countries with the highest levels of imports in 2022, with a combined 41% share of total imports. Hungary, Bulgaria and Estonia lagged somewhat behind, together comprising a further 21%.

In terms of the main importing countries, Hungary, with a CAGR of +13.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, with a decrease of -34.1% against the previous year. Over the period under review, the import price showed a dramatic slump. The most prominent rate of growth was recorded in 2017 an increase of 20%. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (-23.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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