Germany: 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 Germany

The German market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA reduced to $X in 2022, with a decrease of -8.4% against the previous year. In general, the total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +26.8% against 2020 indices. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA fell markedly to $X in 2022 estimated in export price. Overall, production showed a abrupt contraction. The growth pace was the most rapid in 2021 when the production volume increased by 516% against the previous year. Production of peaked at $X in 2017; however, from 2018 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 from Germany

In 2022, approx. X units of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA were exported from Germany; shrinking by -1.8% compared with the previous year. In general, exports, however, showed a moderate expansion. The pace of growth was the most pronounced in 2021 when exports increased by 159% against the previous year. As a result, the exports reached the peak of X units, and then fell modestly 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 declined to $X in 2022. Overall, exports recorded a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Austria (X units), Spain (X units) and China (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 Germany, together comprising 35% of total exports. Switzerland, the Netherlands, Portugal, the UK, the United States, Egypt, France, Poland, India and the Czech Republic lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +38.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exports from Germany, comprising 21% of total exports. The second position in the ranking was taken by China ($X), with a 7.8% share of total exports. It was followed by Austria, with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-6.9% per year) and Austria (+9.0% 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, stabilizing at the previous year. Overall, the export price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 29%. The export price peaked at $X per unit in 2018; however, from 2019 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 the United States ($X per unit), while the average price for exports to Egypt ($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 the Czech Republic (+24.9%), 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 Germany

In 2022, purchases abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased by 15% to X units, rising for the fifth consecutive year after three years of decline. In general, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 537%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022. Overall, imports showed 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

China (X units), Slovenia (X units) and Finland (X units) were the main suppliers of imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to Germany, with a combined 82% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +81.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X) constituted the largest supplier of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to Germany, comprising 30% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 13% share of total imports. It was followed by China, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Finland totaled +37.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-5.3% per year) and China (+5.8% 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, picking up by 35% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 181%. The import price 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 origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Slovenia ($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 Czech Republic (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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