Slovenia: 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 Slovenia

In 2022, the Slovene market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased by 1,869% to $X, rising for the second consecutive year after three years of decline. In general, consumption posted significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022 estimated in export price. Overall, production enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,464% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth 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 Slovenia

In 2022, overseas shipments of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA decreased by -55.3% to X units, falling for the second year in a row after three years of growth. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 5,383% against the previous year. 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 from X kVA to X kVA surged to $X in 2022. Overall, exports, however, showed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (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 Slovenia, accounting for a 99% share of total exports. It was followed by Italy (X units), with a 0.4% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +42.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-4.2% per year) and Poland (-28.8% per year).

In value terms, Germany ($X) remains the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exports from Slovenia, comprising 87% of total exports. The second position in the ranking was taken by Italy ($X), with a 3.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +16.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+2.5% per year) and Poland (-26.4% per year).

Export Prices by Country

The average export price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2022, surging by 344% against the previous year. Over the period under review, the export price, however, showed a abrupt contraction. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Germany ($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 Italy (+7.0%), 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 Slovenia

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 -1.5% to X units in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 2,034%. Imports peaked at X units in 2021, and then fell 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 skyrocketed to $X in 2022. Over the period under review, imports, however, enjoyed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X units), Serbia (X units) and Germany (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 Slovenia, with a combined 85% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +272.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Serbia ($X) and China ($X) appeared to be the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA suppliers to Slovenia, together accounting for 88% of total imports. These countries were followed by Turkey, which accounted for a further 4.1%.

In terms of the main suppliers, Turkey, with a CAGR of +113.6%, recorded 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 non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2022, growing by 190% against the previous year. Over the period under review, the import price, however, saw a deep reduction. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (-12.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform