Luxembourg: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA in Luxembourg

In 2022, the Luxembourg market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA increased by 26% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption recorded a significant expansion. Consumption of peaked 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 to X kVA in Luxembourg

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA stood at less than $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Exports from Luxembourg

In 2022, approx. X units of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA were exported from Luxembourg; jumping by 146% compared with the previous year. In general, exports showed a significant increase. The growth pace was the most rapid in 2019 when exports increased by 1,290%. Over the period under review, the exports of reached the maximum at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2019 when exports increased by 1,339% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Mozambique (X units), Belgium (X units) and the Netherlands (X units) were the main destinations of exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA from Luxembourg, with a combined 99% share 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 Belgium (with a CAGR of +47.6%), while the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X) remains the key foreign market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA exports from Luxembourg, comprising 98% of total exports. The second position in the ranking was taken by Mozambique ($X), with a 1.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium totaled +87.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (0.0% per year) and the Netherlands (-11.2% per year).

Export Prices by Country

In 2022, the average export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, remaining stable against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 34%. 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 failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Mozambique ($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 (+26.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Imports into Luxembourg

In 2022, the amount of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA imported into Luxembourg skyrocketed to X units, increasing by 32% on 2021. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 9,939% against the previous year. Over the period under review, imports of attained the maximum 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 to X kVA surged to $X in 2022. Overall, imports posted a moderate increase. The most prominent rate of growth was recorded in 2015 with an increase of 294% against the previous year. Over the period under review, imports of reached the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Croatia (X units), Germany (X units) and Spain (X units) were the main suppliers of imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA to Luxembourg, together accounting for 66% of total imports. Slovakia, Italy, Belgium and France lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +1,057.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA suppliers to Luxembourg were Germany ($X), Croatia ($X) and Italy ($X), together accounting for 67% of total imports. Slovakia, Spain, Belgium and France lagged somewhat behind, together accounting for a further 31%.

Slovakia, with a CAGR of +666.5%, recorded 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 to X kVA stood at $X per unit in 2022, approximately mirroring the previous year. Over the period under review, the import price, however, saw a sharp curtailment. The pace of growth appeared the most rapid in 2015 an increase of 195%. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

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 Italy ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-25.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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