In 2023, France led in the import share of ferrite cores for transformers and inductors in Europe, with a substantially high year-on-year variation of 76.57%. Belgium and Spain followed with significant increases of 94.6% and 28.05% respectively. Germany ranked second in total share but posted a modest 6.98% increase. However, countries like Italy, Sweden, and the United Kingdom showed negative growth. The five-year compound annual growth rate (CAGR) varied across regions, affecting the overall trend.
Future trends to watch include:
- Continuous dominance by France, Germany, and Belgium, as they strengthen their import capacities.
- Potential recovery and growth in nations like Italy and the United Kingdom, which currently face declines.
- Opportunities for smaller importers like Estonia and Ireland if recent growth trends continue.
- Influence of technological advancements and regulatory changes on the demand for ferrite cores.
Top countries in Import of Ferrite Cores of Transformers and Inductors Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 30.91 | 2023 | +34.95% | +76.57% | View data |
| 2 | 2 Germany | 21.07 | 2023 | +3.48% | +6.98% | View data |
| 3 | 3 Belgium | 13.23 | 2023 | +37.18% | +94.6% | View data |
| 4 | 4 Spain | 11.64 | 2023 | +19.17% | +28.05% | View data |
| 5 | 5 Czechia | 6.48 | 2023 | |||
| 6 | 6 Austria | 4.31 | 2023 | +4.72% | +5.96% | View data |
| 7 | 7 Poland | 3.84 | 2023 | +4.47% | +5.5% | View data |
| 8 | 8 Hungary | 2.86 | 2023 | +0.71% | +0.53% | View data |
| 9 | 9 Romania | 2.75 | 2023 | +2.97% | +1.67% | View data |
| 10 | 10 Italy | 2.68 | 2023 | +2.12% | -1.31% | View data |
