France: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA 2024

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

In 2022, the French market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased by 4.8% to $X, rising for the second year in a row after four years of decline. Overall, consumption, however, recorded a relatively flat trend pattern. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight decrease. Production of peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

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

Exports from France

In 2022, shipments abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA decreased by -86.6% to X units, falling for the second year in a row after four years of growth. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 301%. 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 from X kVA to X kVA contracted sharply to $X in 2022. Overall, exports showed a deep contraction. The growth pace was the most rapid in 2019 when exports increased by 35% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

India (X units), the Netherlands (X units) and the UK (X units) were the main destinations of exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA from France, together accounting for 44% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +32.2%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exports from France, comprising 19% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 9.2% share of total exports. It was followed by Italy, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at -9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+6.3% per year) and Italy (-5.7% per year).

Export Prices by Country

The average export price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2022, growing by 500% against the previous year. In general, the export price, however, saw a deep downturn. Over the period under review, the average export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into France

After two years of growth, supplies from abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA decreased by -75.9% to X units in 2022. Over the period under review, imports, however, saw a mild increase. The growth pace was the most rapid in 2020 when imports increased by 884% against the previous year. Imports peaked at X units in 2021, and then contracted sharply 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 stood at $X in 2022. Overall, total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.4% 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 +51.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to France, with a 36% share of total imports. Moreover, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), twofold. The third position in this ranking was held by Vietnam (X units), with an 8.6% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+28.8% per year) and Vietnam (+13.2% per year).

In value terms, Vietnam ($X) constituted the largest supplier of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to France, comprising 31% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Vietnam amounted to +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.5% per year) and China (+4.3% per year).

Import Prices by Country

In 2022, the average import price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, surging by 334% against the previous year. Overall, the import price enjoyed tangible growth. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+27.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :