Key Market Indicators
Luxembourger transformer imports are projected to reach $78 million by 2026, up 1% from 2021. Since 2004, the country's demand has increased by 8.7%, placing it at 73rd in the world in 2021. Guatemala ($74 million) was ahead, with China, Germany, and Mexico coming in at 2nd, 3rd, and 4th. Luxembourger transformer exports are projected to reach $49 million by 2026, up 2.3% annually. Since 2004, the country's supply has increased by 12.7%, making it the 53rd largest supplier in 2021. Ukraine ($42 million) was ahead, with Germany, the United States, and Japan coming in at 2nd, 3rd, and 4th.
