In 2023, Germany led the European import market for measuring transformers under 1 kVA, followed by Italy and Czechia. Significant year-on-year increases were observed in Denmark (20.49%) and Finland (31.88%), while notable decreases occurred in Austria (-16.56%) and France (-8.34%). Sweden and Croatia experienced double-digit growth, whereas countries like Bulgaria and Slovenia faced declines. Over five years, the average compound annual growth rate (CAGR) suggested fluctuating trends, with Denmark and Finland showing potential for continuous growth.
Future trends to watch include potential sustained increases in Scandinavian markets, motivated by heightened technological investments, while the broader European import landscape may experience shifts driven by changes in green energy policies and technological advancements.
Top countries in Import of Measuring Transformers Having a Power Handling Capacity Less than 1 kVA by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15,034,000 | 2023 | +2.08% | +1.84% | View data |
| 2 | 2 Italy | 9,449,100 | 2023 | +2.75% | +1.74% | View data |
| 3 | 3 Czechia | 4,112,100 | 2023 | |||
| 4 | 4 Spain | 3,480,200 | 2023 | +6.35% | +2.96% | View data |
| 5 | 5 Denmark | 3,343,300 | 2023 | +6% | +20.49% | View data |
| 6 | 6 Poland | 2,469,300 | 2023 | +0.13% | -4.9% | View data |
| 7 | 7 France | 1,754,000 | 2023 | -4.04% | -8.34% | View data |
| 8 | 8 Romania | 1,716,700 | 2023 | +0.16% | -2.48% | View data |
| 9 | 9 Finland | 1,084,400 | 2023 | +54.61% | +31.88% | View data |
| 10 | 10 Belgium | 1,051,700 | 2023 | +6.23% | +4.79% | View data |
