Eastern Europe: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA in Eastern Europe

The East European market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA skyrocketed to $X in 2023, surging by X% against the previous year. Over the period under review, consumption, however, recorded a perceptible descent. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

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

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA expanded slightly to $X in 2023 estimated in export price. Overall, production, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of X%. 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 from 1 kVA - 650 kVA

Exports in Eastern Europe

Exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA skyrocketed to X units in 2023, picking up by X% on the previous year. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports of hit record highs at X units in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA soared to $X in 2023. Total exports indicated a noticeable 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, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland was the major exporting country with an export of about X units, which recorded X% of total exports. Belarus (X units) took the second position in the ranking, distantly followed by the Czech Republic (X units) and Bulgaria (X units). All these countries together held near X% share of total exports. Russia (X units), Slovakia (X units) and Hungary (X units) followed a long way behind the leaders.

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

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

In Poland, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Slovakia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2023, declining by X% against the previous year. In general, the export price, however, saw notable growth. The most prominent rate of growth was recorded in 2022 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit, and then reduced in the following year.

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 Slovakia ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

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

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Imports in Eastern Europe

Imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA skyrocketed to X units in 2023, growing by X% compared with 2022 figures. Over the period under review, imports saw a significant 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 from X kVA - X kVA skyrocketed to $X in 2023. Overall, imports, however, continue to indicate a relatively flat trend pattern. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Estonia (X units) was the key importer of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA, mixing up X% of total imports. It was distantly followed by Poland (X units), comprising a X% share of total imports. The following importers - Slovakia (X units) and Romania (X units) - each accounted for a X% share of total imports.

Imports into Estonia increased at an average annual rate of X% from 2012 to 2023. At the same time, Slovakia (X%), Poland (X%) and Romania (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. Estonia (X p.p.) significantly strengthened its position in terms of the total imports, while Romania and Poland saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA importing markets in Eastern Europe were Poland ($X), Romania ($X) and Estonia ($X), with a combined X% share of total imports.

Estonia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per unit, waning by X% against the previous year. Overall, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per unit), while Estonia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform