Europe: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA 2025

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Europe

The Europe market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA amounted to $X in 2022, picking up by 2.5% against the previous year. In general, consumption continues to indicate a significant expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA dropped markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, production reached the peak level of $X, and then dropped significantly in the following year.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Exports in Europe

Exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA was estimated at X units in 2022, remaining stable against the year before. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 84,468%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA skyrocketed to $X in 2022. Over the period under review, exports, however, saw a noticeable decrease. The growth pace was the most rapid in 2018 with an increase of 48% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The Netherlands dominates kVA structure, amounting to X units, which was near 76% of total exports in 2022. Italy (X units) held the second position in the ranking, followed by Germany (X units). All these countries together took near 15% share of total exports. Denmark (X units), Spain (X units) and France (X units) held a little share of total exports.

The Netherlands was also the fastest-growing in terms of the electrical transformers with non-liquid dielectric, of power handling capacity over X kVA exports, with a CAGR of +178.8% from 2012 to 2022. At the same time, Denmark (+74.7%), Italy (+67.8%), France (+58.3%), Germany (+56.6%) and Spain (+47.6%) displayed positive paces of growth. From 2012 to 2022, the share of the Netherlands increased by +75 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), Germany ($X) and Spain ($X) constituted the countries with the highest levels of exports in 2022, with a combined 59% share of total exports.

Italy, with a CAGR of +4.4%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, growing by 23% against the previous year. In general, the export price, however, showed a sharp descent. The pace of growth appeared the most rapid in 2021 an increase of 58% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 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 France ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-34.4%), while the other leaders experienced a decline in the export price figures.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Imports in Europe

In 2022, approx. X units of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA were imported in Europe; with an increase of 5.1% on the previous year's figure. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 479,411% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA soared to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 28% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

The Netherlands dominates kVA structure, finishing at X units, which was near 89% of total imports in 2022. The following importers - Sweden (X units) and Germany (X units) - together made up 5.6% of total imports.

The Netherlands was also the fastest-growing in terms of the electrical transformers with non-liquid dielectric, of power handling capacity over X kVA imports, with a CAGR of +222.2% from 2012 to 2022. At the same time, Sweden (+88.4%) and Germany (+74.9%) displayed positive paces of growth. While the share of the Netherlands (+88 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sweden (-8 p.p.) and Germany (-11.9 p.p.) displayed negative dynamics.

In value terms, Germany ($X) constitutes the largest market for imported electrical transformers with non-liquid dielectric, of power handling capacity over X kVA in Europe, comprising 18% of total imports. The second position in the ranking was held by Sweden ($X), with a 5.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany amounted to +1.7%. The remaining importing countries recorded the following average annual rates of imports growth: Sweden (+0.9% per year) and the Netherlands (+13.4% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, jumping by 20% against the previous year. Overall, the import price, however, faced a significant curtailment. The pace of growth appeared the most rapid in 2021 an increase of 148% against the previous year. The level of import peaked at $X per unit in 2016; however, from 2017 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 Germany ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-41.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform