In 2023, Italy dominated European exports of liquid dielectric transformers (power handling capacity >10,000 kVA), accounting for the highest export volume. Significant growth was observed in Italy and the Netherlands, with remarkable year-on-year increases of over 300% and 167%, respectively. Conversely, countries like Sweden, France, and Germany saw slight decreases in their export volumes, while the UK experienced a notable drop of over 50%. Smaller markets such as Lithuania and Finland evidenced strong growth at over 40% and 26%, respectively.
Looking ahead, the European market for liquid dielectric transformers is expected to grow, driven by increasing energy demand and modernization of power infrastructure. Countries leading in production and technological advancement like Italy and the Netherlands are projected to sustain their upward trend. Watch for shifts in environmental regulations and technological innovation, which could significantly impact production strategies and export capabilities across Europe.
Top countries in Export of Liquid Dielectric Transformers Having a Power Handling Capacity More than 10 000 kVA by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 722,340 | 2023 | +8.49% | +305.24% | View data |
| 2 | 2 Netherlands | 13,540 | 2023 | +2.78% | +167.44% | View data |
| 3 | 3 Belgium | 2,940 | 2023 | +22.63% | +2.83% | View data |
| 4 | 4 Denmark | 1,340 | 2023 | +28.03% | +118.45% | View data |
| 5 | 5 Sweden | 842 | 2023 | -43.75% | -11.18% | View data |
| 6 | 6 France | 630 | 2023 | +8.25% | -4.5% | View data |
| 7 | 7 Germany | 471 | 2023 | +1.95% | -4.63% | View data |
| 8 | 8 Poland | 307 | 2023 | +3.37% | +5.05% | View data |
| 9 | 9 Croatia | 272 | 2023 | +3.42% | +6.88% | View data |
| 10 | 10 Finland | 268 | 2023 | -1.47% | +26.12% | View data |
