Poland: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA 2024

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Poland

In 2022, the Polish market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA increased by 75% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption posted a buoyant increase. Consumption of peaked in 2022 and is likely to continue growth in years to come.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA amounted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 0.4%. Over the period under review, production of hit record highs at $X in 2018; afterwards, it flattened through to 2022.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Exports from Poland

In 2022, overseas shipments of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA decreased by -99.1% to X units, falling for the second consecutive year after four years of growth. In general, exports, however, showed noticeable growth. The pace of growth was the most pronounced in 2020 when exports increased by 14,495%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA contracted dramatically to $X in 2022. Overall, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2019 with an increase of 55%. The exports peaked at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Germany (X units), Sweden (X units) and Bulgaria (X units) were the main destinations of exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA from Poland, with a combined 58% share of total exports. The Czech Republic, Belarus, Austria, Lithuania, Estonia, Romania, North Macedonia, the UK, Finland and Denmark lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Estonia (with a CAGR of +42.3%), 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 over X kVA exported from Poland were Belarus ($X), Germany ($X) and Sweden ($X), together accounting for 65% of total exports. The Czech Republic, Bulgaria, the UK, Austria, Finland, Lithuania, Romania, Estonia, North Macedonia and Denmark lagged somewhat behind, together comprising a further 24%.

Estonia, with a CAGR of +70.4%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination 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 over X kVA stood at $X per unit in 2022, increasing by 8,207% against the previous year. Over the period under review, the export price saw a perceptible increase. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 Belarus ($X per unit), while the average price for exports to Bulgaria ($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 North Macedonia (+1,569.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Imports into Poland

In 2022, overseas purchases of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA increased by 51% to X units, rising for the third year in a row after two years of decline. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 14,509%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA soared to $X in 2022. Over the period under review, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of 68%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Italy (X units) constituted the largest electrical transformers with non-liquid dielectric, of power handling capacity over X kVA supplier to Poland, accounting for a 52% share of total imports. Moreover, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA from Italy exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by Germany (X units), with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled +78.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+160.8% per year) and Germany (+85.1% per year).

In value terms, Italy ($X) constituted the largest supplier of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA to Poland, comprising 35% of total imports. The second position in the ranking was held by China ($X), with a 15% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+41.8% per year) and Germany (+11.5% per year).

Import Prices by Country

The average import price for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 55% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 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 Spain ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (-38.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :