United Kingdom: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA 2025

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA in the UK

In 2022, the UK market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption saw a relatively flat trend pattern. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA rose to $X in 2022 estimated in export price. Overall, production, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2014 with an increase of 90% against the previous year. Over the period under review, production of attained the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA

Exports from the UK

In 2022, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kva to X kva from the UK declined remarkably to X units, waning by -40% against 2021 figures. In general, exports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 1,535% against the previous year. As a result, the exports reached the peak of X units, and then fell significantly in the following year.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA contracted slightly to $X in 2022. Over the period under review, exports showed a pronounced slump. The growth pace was the most rapid in 2017 with an increase of 34% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Ireland (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 the UK, with a 43% share of total exports. Moreover, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to Ireland exceeded the volume sent to the second major destination, the Netherlands (X units), fourfold. China (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Ireland stood at +44.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+22.8% per year) and China (+17.4% per year).

In value terms, the United States ($X) remains the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exports from the UK, comprising 30% of total exports. The second position in the ranking was held by China ($X), with a 10% share of total exports. It was followed by Ireland, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+4.7% per year) and Ireland (+23.8% 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, growing by 63% against the previous year. Over the period under review, the export price, however, recorded a deep slump. The growth pace was the most rapid in 2017 an increase of 71% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Malta ($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 United States (+4.4%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA

Imports into the UK

In 2022, overseas purchases of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased by 9% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports enjoyed a notable increase. The growth pace was the most rapid in 2021 when imports increased by 324%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022. Overall, imports, however, continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by 49% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X units), the Czech Republic (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 the UK, together comprising 48% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +60.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA suppliers to the UK were India ($X), China ($X) and the United States ($X), with a combined 42% share of total imports. Italy, Denmark, Germany, France, the Czech Republic, Japan, the Netherlands, Spain and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 46%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +26.2%, recorded the highest rates of growth with regard to 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

In 2022, the average import price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, rising by 22% against the previous year. In general, the import price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 an increase of 120%. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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