Switzerland: 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 Switzerland

The Swiss market for electrical transformers with liquid dielectric, of power handling capacity over X kVA dropped rapidly to $X in 2022, reducing by -99.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate temperate growth. As a result, consumption reached the peak level of $X, and then fell significantly in the following year.

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

Exports from Switzerland

After three years of growth, overseas shipments of electrical transformers with liquid dielectric, of power handling capacity over X kVA decreased by -97.3% to X units in 2022. Over the period under review, exports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 3,618% against the previous year. As a result, the exports attained the peak of X units, and then contracted remarkably in the following year.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA contracted rapidly to $X in 2022. Overall, exports saw a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of 353% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X units) was the main destination for exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA from Switzerland, accounting for a 73% share of total exports. Moreover, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA to Austria exceeded the volume sent to the second major destination, Romania (X units), fourfold. The Czech Republic (X units) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2022, the average annual growth rate of volume to Austria amounted to +34.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (0.0% per year) and the Czech Republic (0.0% per year).

In value terms, the largest markets for electrical transformers with liquid dielectric, of power handling capacity over X kVA exported from Switzerland were Austria ($X), Poland ($X) and Germany ($X), together comprising 92% of total exports.

Among the main countries of destination, Austria, with a CAGR of +170.7%, recorded the highest growth rate of the value of exports, 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 liquid dielectric, of power handling capacity over X kVA stood at $X per unit in 2022, with an increase of 706% against the previous year. Over the period under review, the export price, however, saw a deep reduction. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a 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 Norway ($X per unit), while the average price for exports to Romania ($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 Czech Republic (+246.9%), 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 Switzerland

In 2022, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA into Switzerland fell markedly to X units, shrinking by -99.3% compared with 2021. In general, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 7,076%. As a result, imports attained the peak of X units, and then shrank markedly in the following year.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA declined to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 222%. Over the period under review, imports of attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X units), Germany (X units) and Turkey (X units) were the main suppliers of imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA to Switzerland, together accounting for 81% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +40.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Slovenia ($X) were the largest electrical transformers with liquid dielectric, of power handling capacity over X kVA suppliers to Switzerland, with a combined 83% share of total imports. Austria, Turkey and Hungary lagged somewhat behind, together comprising a further 17%.

Turkey, with a CAGR of +34.6%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 liquid dielectric, of power handling capacity over X kVA amounted to $X per unit, picking up by 14,582% against the previous year. Overall, the import price, however, saw a perceptible shrinkage. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Slovenia (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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