Germany: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA in Germany

For the fifth year in a row, the German market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA recorded growth in sales value, which increased by 51% to $X in 2022. Over the period under review, consumption saw a remarkable increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

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

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA soared to $X in 2022 estimated in export price. Overall, the total production indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -26.0% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 68%. Production of peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Exports from Germany

For the fifth year in a row, Germany recorded growth in shipments abroad of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA, which increased by 1.5% to X units in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 11,078% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA reduced dramatically to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 26% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

The Netherlands (X units), France (X units) and Austria (X units) were the main destinations of exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA from Germany, with a combined 63% share of total exports. The Czech Republic, Nigeria, Poland, Switzerland, Luxembourg, South Korea, Albania, the United States, Belgium and Latvia lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for Albania (with a CAGR of +161.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA exports from Germany, comprising 44% of total exports. The second position in the ranking was held by France ($X), with an 18% share of total exports. It was followed by Austria, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-2.5% per year) and Austria (+9.8% per year).

Export Prices by Country

The average export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA stood at $X per unit in 2022, with a decrease of -22.3% against the previous year. Overall, the export price recorded a dramatic descent. The growth pace was the most rapid in 2017 an increase of 54% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Nigeria ($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 Switzerland (-36.8%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Imports into Germany

For the fifth year in a row, Germany recorded growth in overseas purchases of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA, which increased by 32% to X units in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 18,182%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA surged to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X units), Poland (X units) and Croatia (X units) were the main suppliers of imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA to Germany, together accounting for 62% of total imports. France, Switzerland, China, the UK, Spain, Bulgaria and Hungary lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +167.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Croatia ($X) and Spain ($X) constituted the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA suppliers to Germany, with a combined 58% share of total imports.

Spain, with a CAGR of +41.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. In general, the import price, however, continues to indicate a significant decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 73% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bulgaria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (-27.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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