Eastern Europe: 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 Eastern Europe

In 2023, the East European market for electrical transformers with liquid dielectric, of power handling capacity over X kVA increased by X% to $X, rising for the fourth consecutive year after two years of decline. The total consumption indicated a measured expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over X kVA in Eastern Europe

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity over X kVA dropped slightly to $X in 2023 estimated in export price. Overall, production, however, recorded a slight shrinkage. The growth pace was the most rapid in 2022 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

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

Exports in Eastern Europe

Exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA surged to X units in 2023, increasing by X% compared with the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of export peaked at X units in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA skyrocketed to $X in 2023. In general, exports, however, continue to indicate a pronounced descent. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Poland represented the main exporting country with an export of about X units, which amounted to X% of total exports. Russia (X units) ranks second in terms of the total exports with a X% share, followed by Romania (X%), the Czech Republic (X%) and Bulgaria (X%). The following exporters - Hungary (X units) and Lithuania (X units) - each resulted at a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to electrical transformers with liquid dielectric, of power handling capacity over X kVA exports from Poland stood at X%. At the same time, Lithuania (X%), the Czech Republic (X%), Romania (X%) and Russia (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Bulgaria (X%) and Hungary (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), Russia (X p.p.), the Czech Republic (X p.p.), Romania (X p.p.) and Lithuania (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Hungary (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest electrical transformers with liquid dielectric, of power handling capacity over X kVA supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Romania ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

In Poland, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Romania (X% per year) and Russia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2023, increasing by X% against the previous year. In general, the export price, however, continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Romania ($X per unit), while Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

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

Imports in Eastern Europe

In 2023, the amount of electrical transformers with liquid dielectric, of power handling capacity over X kVA imported in Eastern Europe skyrocketed to X units, increasing by X% against the previous year's figure. Overall, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA surged to $X in 2023. In general, imports, however, continue to indicate a mild shrinkage. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

Slovakia represented the largest importer of electrical transformers with liquid dielectric, of power handling capacity over X kVA in Eastern Europe, with the volume of imports accounting for X units, which was near X% of total imports in 2023. It was distantly followed by Russia (X units), generating a X% share of total imports. The following importers - Hungary (X units), Lithuania (X units), Bulgaria (X units), Romania (X units) and the Czech Republic (X units) - together made up X% of total imports.

Slovakia was also the fastest-growing in terms of the electrical transformers with liquid dielectric, of power handling capacity over X kVA imports, with a CAGR of X% from 2012 to 2023. At the same time, Hungary (X%), Bulgaria (X%), Lithuania (X%) and the Czech Republic (X%) displayed positive paces of growth. Russia experienced a relatively flat trend pattern. By contrast, Romania (X%) illustrated a downward trend over the same period. While the share of Slovakia (X p.p.) and Hungary (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of the Czech Republic (X p.p.), Romania (X p.p.) and Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity over X kVA in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Slovakia ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Russia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Slovakia (X% per year) and Romania (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2023, increasing by X% against the previous year. In general, the import price, however, faced a drastic downturn. The pace of growth was the most pronounced in 2022 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Russia ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform