Netherlands: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in the Netherlands

For the fifth consecutive year, the Dutch market for electrical transformers with liquid dielectric, of power handling capacity over X kVA recorded growth in sales value, which increased by 10% to $X in 2022. Overall, consumption saw a significant increase. Consumption of peaked in 2022 and is likely to see steady growth in the immediate term.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over X kVA in the Netherlands

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity over X kVA dropped remarkably to $X in 2022 estimated in export price. In general, production saw a drastic downturn. The pace of growth appeared the most rapid in 2013 with an increase of 1,071%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Exports from the Netherlands

Exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA from the Netherlands dropped notably to X units in 2022, falling by -98.1% on the previous year. Overall, exports showed a dramatic slump. The growth pace was the most rapid in 2020 when exports increased by 37,281% against the previous year. Over the period under review, the exports of reached the maximum at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA expanded remarkably to $X in 2022. In general, exports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 61%. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA from the Netherlands, accounting for a 58% share of total exports. Moreover, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA to the United States exceeded the volume sent to the second major destination, Morocco (X units), threefold. The third position in this ranking was taken by the UK (X units), with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled -1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+78.2% per year) and the UK (-97.9% per year).

In value terms, the United States ($X) remains the key foreign market for electrical transformers with liquid dielectric, of power handling capacity over X kVA exports from the Netherlands, comprising 95% of total exports. The second position in the ranking was taken by the UK ($X), with a 2.9% share of total exports. It was followed by Morocco, with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-40.7% per year) and Morocco (+10.7% per year).

Export Prices by Country

The average export price for electrical transformers with liquid dielectric, of power handling capacity over X kVA stood at $X per unit in 2022, jumping by 5,798% against the previous year. In general, the export price recorded a significant expansion. The growth pace was the most rapid in 2014 an increase of 53,986% against the previous year. 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 ($X per unit), while the average price for exports to Germany ($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 UK (+2,698.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Imports into the Netherlands

In 2022, supplies from abroad of electrical transformers with liquid dielectric, of power handling capacity over X kVA increased by 3.8% to X units, rising for the third consecutive year after two years of decline. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 45,506%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA skyrocketed to $X in 2022. Overall, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 69% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Italy (X units) constituted the largest electrical transformers with liquid dielectric, of power handling capacity over X kVA supplier to the Netherlands, with a 68% share of total imports. Moreover, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was held by Slovenia (X units), with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled +73.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+40.3% per year) and Slovenia (+42.4% per year).

In value terms, Germany ($X), Austria ($X) and Slovenia ($X) were the largest electrical transformers with liquid dielectric, of power handling capacity over X kVA suppliers to the Netherlands, with a combined 77% share of total imports. Italy, Croatia, the UK and the United States lagged somewhat behind, together accounting for a further 20%.

Among the main suppliers, Croatia, with a CAGR of +135.5%, saw the highest growth rate of the value of imports, 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 over X kVA stood at $X per unit in 2022, surging by 13% against the previous year. Overall, the import price, however, recorded a pronounced decline. The growth pace was the most rapid in 2014 an increase of 1,576% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per unit), while the price for the United States ($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 UK (+47.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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