Switzerland: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA in Switzerland

For the fifth consecutive year, the Swiss market for electrical transformers with liquid dielectric, of power handling capacity under X kVA recorded growth in sales value, which increased by 24% to $X in 2022. Overall, consumption enjoyed a buoyant increase. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under X kVA in Switzerland

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity under X kVA reached $X in 2022 estimated in export price. Over the period under review, production saw resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of 83%. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth remained at a somewhat lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA

Exports from Switzerland

In 2022, after four years of growth, there was significant decline in overseas shipments of electrical transformers with liquid dielectric, of power handling capacity under X kVA, when their volume decreased by -62.3% to X units. In general, exports, however, showed a resilient increase. The growth pace was the most rapid in 2021 when exports increased by 251% against the previous year. As a result, the exports attained the peak of X units, and then contracted significantly in the following year.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA rose rapidly to $X in 2022. Overall, exports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 9.4% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units), the Czech Republic (X units) and the United States (X units) were the main destinations of exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA from Switzerland, with a combined 49% share of total exports. China, the UK, France, Austria, Sweden, Italy, Sri Lanka, Spain, Hong Kong SAR and Hungary lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +46.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and France ($X) constituted the largest markets for electrical transformers with liquid dielectric, of power handling capacity under X kVA exported from Switzerland worldwide, together comprising 42% of total exports. The United States, the UK, Sweden, Austria, Italy, the Czech Republic, Spain, Hong Kong SAR, Sri Lanka and Hungary lagged somewhat behind, together comprising a further 27%.

Sweden, with a CAGR of +22.7%, recorded the highest growth rate of the value of exports, in terms of 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 liquid dielectric, of power handling capacity under X kVA stood at $X per unit in 2022, increasing by 187% against the previous year. Overall, the export price, however, recorded a abrupt descent. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 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 China ($X per unit), while the average price for exports to the Czech Republic ($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 UK (+10.4%), 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 under 1 kVA

Imports into Switzerland

In 2022, overseas purchases of electrical transformers with liquid dielectric, of power handling capacity under X kVA increased by 8% to X units, rising for the sixth year in a row after two years of decline. Overall, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 486%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA surged to $X in 2022. The total import value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports of reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest electrical transformers with liquid dielectric, of power handling capacity under X kVA supplier to Switzerland, with a 44% share of total imports. Moreover, imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Slovakia (X units) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.6% per year) and Slovakia (+43.4% per year).

In value terms, Germany ($X) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity under X kVA to Switzerland, comprising 35% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 14% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+5.4% per year) and China (+6.0% per year).

Import Prices by Country

In 2022, the average import price for electrical transformers with liquid dielectric, of power handling capacity under X kVA amounted to $X per unit, growing by 16% against the previous year. In general, the import price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 60% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 Germany ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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