Europe: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Europe

After three years of decline, the Europe market for electrical transformers with liquid dielectric, of power handling capacity over X kVA increased by 28% to $X in 2022. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over X kVA in Europe

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity over X kVA expanded to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 31% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Exports in Europe

In 2022, after four years of growth, there was significant decline in shipments abroad of electrical transformers with liquid dielectric, of power handling capacity over X kVA, when their volume decreased by -18.9% to X units. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 4,305%. The volume of export peaked at X units in 2021, and then dropped markedly in the following year.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA dropped modestly to $X in 2022. Overall, exports saw a pronounced shrinkage. The growth pace was the most rapid in 2020 when exports increased by 12% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden dominates kVA structure, accounting for X units, which was approx. 91% of total exports in 2022. It was distantly followed by Poland (X units), committing an 8.8% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to electrical transformers with liquid dielectric, of power handling capacity over X kVA exports from Sweden stood at +55.2%. At the same time, Poland (+98.9%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Europe, with a CAGR of +98.9% from 2012-2022. Sweden (+83 p.p.) and Poland (+8.7 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity over X kVA supplying countries in Europe were Sweden ($X) and Poland ($X).

Poland, with a CAGR of +6.6%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, surging by 23% against the previous year. Over the period under review, the export price, however, recorded a significant curtailment. The most prominent rate of growth was recorded in 2014 when the export price increased by 381% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 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 Poland ($X per unit), while Sweden totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-37.8%).

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Imports in Europe

In 2022, approx. X units of electrical transformers with liquid dielectric, of power handling capacity over X kVA were imported in Europe; with a decrease of -54.4% against the previous year's figure. Over the period under review, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 7,396% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA skyrocketed to $X in 2022. In general, imports recorded a noticeable reduction. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands dominates kVA structure, finishing at X units, which was near 88% of total imports in 2022. The following importers - Sweden (X units), Spain (X units) and Belgium (X units) - together made up 8.6% of total imports.

From 2012 to 2022, average annual rates of growth with regard to electrical transformers with liquid dielectric, of power handling capacity over X kVA imports into the Netherlands stood at +21.6%. At the same time, Spain (+39.8%), Belgium (+36.5%) and Sweden (+25.8%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in Europe, with a CAGR of +39.8% from 2012-2022. The Netherlands (+32 p.p.), Spain (+2.5 p.p.) and Sweden (+2.3 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity over X kVA importing markets in Europe were the Netherlands ($X), Spain ($X) and Sweden ($X), with a combined 21% share of total imports.

The Netherlands, with a CAGR of +16.3%, saw the highest growth rate of the value of imports, among the main importing countries 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 Europe stood at $X per unit in 2022, with an increase of 154% against the previous year. Over the period under review, the import price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 489%. Over the period under review, import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-4.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform