Denmark leads in European exports of liquid dielectric transformers under 650 kVA, with substantial growth of 73.49% year-over-year in 2023. Ireland exhibited an impressive surge of 141.41%, indicating emerging growth potential. The Netherlands also reflects robust growth at 98.63%, establishing it as a key market player. Conversely, the United Kingdom, Croatia, and Greece showed declines in exports, posing a need for strategic reevaluation. Overall, the continued growth patterns across many countries suggest a broadly positive market trend.
Future trends to watch include technological advancements in transformer efficiency and potential regulatory changes impacting international trade. Continuous monitoring of emerging markets like Ireland indicates promising prospects for further export growth in this sector.
Top countries in Export of Liquid Dielectric Transformers Having a Power Handling Capacity Less than 650 kVA by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 37,346,000 | 2023 | +45.12% | +73.49% | View data |
| 2 | 2 Ireland | 468,890 | 2023 | +0.18% | +141.41% | View data |
| 3 | 3 Czechia | 153,210 | 2023 | |||
| 4 | 4 Austria | 90,180 | 2023 | +5.68% | +10.78% | View data |
| 5 | 5 Netherlands | 84,010 | 2023 | +11.79% | +98.63% | View data |
| 6 | 6 Belgium | 60,090 | 2023 | +30.63% | +53.22% | View data |
| 7 | 7 Poland | 37,990 | 2023 | +3.41% | +3.88% | View data |
| 8 | 8 Spain | 19,940 | 2023 | +6.62% | +2.37% | View data |
| 9 | 9 United Kingdom | 16,140 | 2023 | -15.38% | -25.53% | View data |
| 10 | 10 Sweden | 16,060 | 2023 | +4.93% | +21.65% | View data |
