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The Czech Republic Transformer Industry Outlook 2022 - 2026

See how the Czech Republic Transformer performed compared to key markets such as the United States, China and Germany.

Key Market Indicators

Czech Transformer imports are expected to reach $1.3 billion by 2026, up from $1.2 billion in 2021. This reflects a yearly average growth rate of 2%. Since 1998, imports have grown 4.9% annually. In 2021, Czech Republic ranked 20th, with Australia overtaking it at $1.2 billion. China, Germany and Mexico came in second, third and fourth respectively. Czech Transformer exports are projected to reach $1 billion by 2026, up from $882 million in 2021. This reflects a yearly average growth rate of 2.1%. Since 1998, exports have risen 6.4% annually. In 2021, Czech Republic ranked 24th, with Switzerland surpassing it at $882 million. Germany, the United States and Japan followed in second, third and fourth place respectively.

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The Czech Republic Transformer Market Data and Forecasts