Europe: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA 2025

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA in Europe

The Europe market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA was estimated at $X in 2022, surging by 11% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2022 estimated in export price. In general, production, however, saw a perceptible decrease. Over the period under review, production of attained the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA

Exports in Europe

In 2022, overseas shipments of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA decreased by -12.5% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 375% against the previous year. The volume of export peaked at X units in 2021, and then declined in the following year.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA expanded slightly to $X in 2022. Overall, exports showed a perceptible slump. The pace of growth was the most pronounced in 2021 when exports increased by 30%. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) and the Czech Republic (X units) were the largest exporters of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in 2022, recording near 22% and 21% of total exports, respectively. Poland (X units) ranks next in terms of the total exports with a 13% share, followed by the UK (9.3%), Spain (8.1%), Hungary (6.3%), the Netherlands (5.9%) and Romania (5.5%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Spain (with a CAGR of +57.5%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA supplier in Europe, comprising 26% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 12% share of total exports. It was followed by the UK, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value in Germany amounted to -3.1%. In the other countries, the average annual rates were as follows: the Czech Republic (+0.6% per year) and the UK (+3.1% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, surging by 18% against the previous year. Overall, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2017 when the export price increased by 23% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 the Netherlands ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-6.4%), while the other leaders experienced a decline in the export price figures.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA

Imports in Europe

After four years of growth, purchases abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA decreased by -17.8% to X units in 2022. Over the period under review, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 200%. Over the period under review, imports of reached the maximum at X units in 2021, and then dropped dramatically in the following year.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2022. Total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.9% 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 +112.3% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X units), distantly followed by the UK (X units), Sweden (X units) and Denmark (X units) represented the largest importers of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA, together making up 69% of total imports. Hungary (X units), Spain (X units), Italy (X units), Poland (X units), the Netherlands (X units), Slovenia (X units) and Portugal (X units) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +45.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA importing markets in Europe were Germany ($X), Spain ($X) and Denmark ($X), with a combined 45% share of total imports.

Spain, with a CAGR of +25.1%, recorded 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

In 2022, the import price in Europe amounted to $X per unit, picking up by 58% against the previous year. Overall, the import price, however, recorded a pronounced decline. The level of import peaked at $X per unit in 2017; however, from 2018 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 Spain ($X per unit), while Portugal ($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 (+35.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform