Netherlands: 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 the Netherlands

The Dutch market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X in 2022, with an increase of 13% against the previous year. Overall, consumption showed a remarkable increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

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

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. Overall, production, however, saw a noticeable descent. Over the period under review, production of attained the peak level at $X in 2018; however, from 2019 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 the Netherlands

In 2022, shipments abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased by 35% to X units, rising for the third year in a row after two years of decline. In general, exports enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 3,727% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022. Overall, exports saw a slight increase. The growth pace was the most rapid in 2021 when exports increased by 185%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Sweden (X units) was the main destination for exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA from the Netherlands, accounting for a 58% share of total exports. Moreover, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to Sweden exceeded the volume sent to the second major destination, Italy (X units), eightfold. Belgium (X units) ranked third in terms of total exports with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled +31.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+12.3% per year) and Belgium (+2.8% per year).

In value terms, Sweden ($X) remains the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exports from the Netherlands, comprising 39% of total exports. The second position in the ranking was taken by Germany ($X), with an 11% share of total exports. It was followed by Denmark, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden amounted to +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+14.3% per year) and Denmark (+61.4% per year).

Export Prices by Country

In 2022, the average export price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, therefore, remained relatively stable against the previous year. In general, the export price faced a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of 132% 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 Denmark ($X per unit), while the average price for exports to Moldova ($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 France (+12.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA

Imports into the Netherlands

After four years of growth, overseas purchases of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA decreased by -72.1% to X units in 2022. Overall, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,871%. Imports peaked at X units in 2021, and then declined remarkably 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 surged to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 27%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X units), Germany (X units) and France (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 the Netherlands, with a combined 63% share of total imports. Poland, Japan, Belgium, Thailand, the UK, the Czech Republic, Moldova, the United States, India and Spain lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for Moldova (with a CAGR of +191.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Japan ($X) constituted the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA suppliers to the Netherlands, together accounting for 54% of total imports. China, France, the UK, India, Poland, Belgium, the Czech Republic, Spain, Moldova and Thailand lagged somewhat behind, together accounting for a further 34%.

Poland, with a CAGR of +86.2%, saw the highest rates of growth with regard to 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

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, surging by 336% against the previous year. Overall, the import price, however, faced a drastic downturn. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, 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 the United States ($X per unit), while the price for Thailand ($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 (-5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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