Key Market Indicators
Italy is set to be one of the leading countries in transformer exports and imports. By 2026, the country is projected to export $2.8 billion and import $2.1 billion in transformers. Since 1999, Italian transformer export has grown by an average of 3.9% year-on-year, and their import by 5% year-on-year. In 2021, Italy was the seventh highest exporter, with the Netherlands overtaking them, and the twelfth highest importer, with Canada ahead. The top three exporters were Germany, the U.S., and Japan, while China, Germany, and Mexico were the top three importers.
