Eastern Europe: 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 Eastern Europe

The East European market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA contracted to $X in 2022, waning by -14.9% against the previous year. In general, consumption showed a slight shrinkage. As a result, consumption attained the peak level of $X, and then reduced in the following year.

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

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA contracted markedly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when the production volume increased by 993% against the previous year. As a result, production reached the peak level of $X, and then dropped rapidly in the following year.

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

Exports in Eastern Europe

In 2022, after three years of growth, there was significant decline in shipments abroad of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA, when their volume decreased by -21.1% to X units. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 3,601%. Over the period under review, the exports of hit record highs at X units in 2021, and then shrank sharply in the following year.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022. Over the period under review, exports, however, enjoyed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Hungary (X units), Belarus (X units) and Poland (X units) represented roughly 99% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +67.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA supplying countries in Eastern Europe were Poland ($X), Hungary ($X) and Belarus ($X), together accounting for 87% of total exports.

Hungary, with a CAGR of +18.0%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, growing by 79% against the previous year. Overall, the export price, however, faced a sharp decline. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per unit), while Belarus ($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 (-21.0%), while the other leaders experienced a decline in the export price figures.

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

Imports in Eastern Europe

In 2022, after two years of growth, there was significant decline in supplies from abroad of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA, when their volume decreased by -12.8% to X units. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 971% against the previous year. Over the period under review, imports of reached the peak figure at X units in 2021, and then declined in the following year.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA rose sharply to $X in 2022. Total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. Over the period under review, imports of hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Poland represented the key importer of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA in Eastern Europe, with the volume of imports reaching X units, which was near 68% of total imports in 2022. It was distantly followed by Romania (X units), making up a 19% share of total imports. The following importers - Russia (X units), Belarus (X units), Ukraine (X units) and Slovakia (X units) - together made up 12% of total imports.

Poland was also the fastest-growing in terms of the electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA imports, with a CAGR of +72.1% from 2012 to 2022. At the same time, Ukraine (+62.6%), Belarus (+55.6%), Romania (+50.3%) and Slovakia (+22.3%) displayed positive paces of growth. Russia experienced a relatively flat trend pattern. Poland (+62 p.p.), Romania (+13 p.p.), Belarus (+2.6 p.p.) and Ukraine (+2.5 p.p.) significantly strengthened its position in terms of the total imports, while Slovakia and Russia saw its share reduced by -2.6% and -56.8% from 2012 to 2022, respectively.

In value terms, Russia ($X), Poland ($X) and Romania ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 68% of total imports.

Among the main importing countries, Poland, with a CAGR of +21.6%, saw the highest rates of growth with regard to 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

The import price in Eastern Europe stood at $X per unit in 2022, jumping by 31% against the previous year. Over the period under review, the import price, however, recorded a precipitous curtailment. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 Russia ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-4.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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