Italy: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA 2025

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA in Italy

The Italian market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA expanded to $X in 2022, surging by 3.7% against the previous year. Over the period under review, consumption recorded a sharp setback. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

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

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 continues to indicate a perceptible expansion. The growth pace was the most rapid in 2020 when the production volume increased by 94%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA

Exports from Italy

For the third consecutive year, Italy recorded growth in shipments abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA, which increased by 19% to X units in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 857% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA expanded significantly to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 27%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X units), Switzerland (X units) and Norway (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 Italy, together accounting for 48% 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 the UK (with a CAGR of +66.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exported from Italy were Germany ($X), France ($X) and Spain ($X), together accounting for 33% of total exports. Switzerland, Norway, Austria, the UK, the United States, Poland, Slovakia and Saudi Arabia lagged somewhat behind, together comprising a further 27%.

In terms of the main countries of destination, Slovakia, with a CAGR of +23.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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, falling by -11.1% against the previous year. In general, the export price saw a sharp decrease. The growth pace was the most rapid in 2019 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 the United States ($X per unit), while the average price for exports to the UK ($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 Spain (-6.4%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA

Imports into Italy

In 2022, the amount of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA imported into Italy dropped significantly to X units, falling by -72.7% compared with 2021 figures. Over the period under review, imports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2021 with an increase of 283%. As a result, imports attained the peak of X units, and then dropped markedly 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. Overall, imports, however, showed a relatively flat trend pattern. Over the period under review, imports of attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

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 Italy, with a 63% 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, Bulgaria (X units), fourfold. The third position in this ranking was held by Germany (X units), with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +28.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (-5.4% per year) and Germany (-4.4% per year).

In value terms, Slovakia ($X), China ($X) and Germany ($X) appeared to be the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA suppliers to Italy, with a combined 61% share of total imports. Bulgaria, Switzerland, the United States, France, the Netherlands, Spain, the Czech Republic and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 17%.

The Netherlands, with a CAGR of +14.4%, 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 non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2022, increasing by 380% against the previous year. In general, the import price continues to indicate a prominent increase. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+39.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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