Poland: 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 Poland

For the fifth year in a row, the Polish market for electrical transformers with liquid dielectric, of power handling capacity over X kVA recorded decline in sales value, which decreased by -18.1% to $X in 2022. Over the period under review, consumption showed a pronounced reduction. The most prominent rate of growth was recorded in 2017 when the market value increased by 1.4% against the previous year. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

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

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity over X kVA shrank modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 1%. As a result, production reached the peak level of $X. From 2018 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 Poland

Exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA from Poland skyrocketed to X units in 2022, picking up by 246% compared with the year before. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 8,464%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA contracted to $X in 2022. In general, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 67% against the previous year. The exports peaked at $X in 2021, and then dropped in the following year.

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 Poland, accounting for a 48% 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, Canada (X units), threefold. The third position in this ranking was held by Singapore (X units), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +103.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+92.9% per year) and Singapore (+392.3% per year).

In value terms, the United States ($X) remains the key foreign market for electrical transformers with liquid dielectric, of power handling capacity over X kVA exports from Poland, comprising 43% of total exports. The second position in the ranking was taken by Belgium ($X), with an 11% share of total exports. It was followed by Singapore, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+10.6% per year) and Singapore (-33.8% per year).

Export Prices by Country

In 2022, the average export price for electrical transformers with liquid dielectric, of power handling capacity over X kVA amounted to $X per unit, reducing by -73.8% against the previous year. In general, the export price continues to indicate a dramatic slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 122%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Canada ($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 Ukraine (-5.6%), while the prices for the other major destinations experienced a decline.

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

Imports into Poland

After two years of growth, purchases abroad of electrical transformers with liquid dielectric, of power handling capacity over X kVA decreased by -98.7% to X units in 2022. In general, imports saw a significant contraction. The pace of growth appeared the most rapid in 2020 with an increase of 29,850%. Over the period under review, imports of reached the peak figure at X units in 2021, and then shrank significantly in the following year.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA surged to $X in 2022. Overall, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2015 with an increase of 333%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Italy (X units), Turkey (X units) and South Korea (X units) were the main suppliers of imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA to Poland, together accounting for 94% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +62.7%), while purchases for the other leaders experienced a decline.

In value terms, Turkey ($X) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity over X kVA to Poland, comprising 80% of total imports. The second position in the ranking was held by Italy ($X), with a 19% share of total imports. It was followed by South Korea, with a 0.9% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to +1,078.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.2% per year) and South Korea (-95.1% per year).

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, picking up by 9,202% against the previous year. Over the period under review, the import price posted a significant increase. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 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 Turkey ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1,207.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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