Key Market Indicators
Switzerland's transformer imports are expected to reach $1 billion by 2026, up 1% annually on average. Demand has been increasing by an average of 2.1% every year since 1993. In 2021, the country ranked 24th, with Indonesia ahead of it at $973.6 million. China, Germany and Mexico followed, at numbers two, three and four respectively. Meanwhile, Swiss transformer exports are predicted to reach $906 million by 2026, with a 0.6% year-on-year decline. Supply has decreased by 0.4% every year since 1993. Last year, Switzerland was 23rd in the ranking, behind Denmark at $938.9 million. Germany, the United States and Japan came in second, third and fourth place, respectively.
