In 2023, Italy dominated the European export market of liquid dielectric transformers with a capacity above 10,000 kVA, accouting for over 87% of the total share in units. The Netherlands and Belgium followed distantly with 1.64% and 0.36% respectively. Germany and France experienced slight declines while Finland exhibited notable growth. The United Kingdom saw a significant decrease of over 50% in its share. Smaller countries like Lithuania showed impressive growth in an otherwise stable market.
Looking ahead, sustainability concerns and technological advancements may influence market dynamics. Innovations in transformer efficiency could shift competitive advantages and alter geographic production and export patterns in Europe.
Top countries in Export of Liquid Dielectric Transformers Having a Power Handling Capacity More than 10 000 kVA Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 87.73 | 2023 | +8.49% | +305.24% | View data |
| 2 | 2 Netherlands | 1.64 | 2023 | +2.78% | +167.44% | View data |
| 3 | 3 Belgium | 0.36 | 2023 | +22.63% | +2.83% | View data |
| 4 | 4 Denmark | 0.16 | 2023 | +28.03% | +118.45% | View data |
| 5 | 5 Sweden | 0.1 | 2023 | -43.75% | -11.18% | View data |
| 6 | 6 France | 0.077 | 2023 | +8.25% | -4.5% | View data |
| 7 | 7 Germany | 0.057 | 2023 | +1.95% | -4.63% | View data |
| 8 | 8 Poland | 0.037 | 2023 | +3.37% | +5.05% | View data |
| 9 | 9 Croatia | 0.033 | 2023 | +3.42% | +6.88% | View data |
| 10 | 10 Finland | 0.033 | 2023 | -1.47% | +26.12% | View data |
