The European export market for measuring transformers with a power handling capacity of less than 1 kVA in terms of units shows Italy leading with 20.7% share, closely followed by Czechia with 20.46%. Bulgaria and Germany also hold significant positions with 14.25% and 11.87% respectively. Notably, Estonia experienced a significant export growth of 96.78% in 2023, while France saw a steep decline by 100%. Despite variations, Finland and Portugal showed remarkable growth trends at 28.36% and 13.53% respectively, in 2023.
Future trends to watch include:
- Italy's decreasing trend in exports which could alter the current market leadership.
- The potential for emerging markets, particularly in Eastern Europe, to gain market share as Czechia and Bulgaria currently show robust positions.
- Uncertainties due to geopolitical and economic factors influencing trade within the EU affecting countries like France and Netherlands.
- Increase in demand for technologically advanced transformers might influence export dynamics, with growth expected in countries focusing on innovation and production efficiency.
Top countries in Export of Measuring Transformers Having a Power Handling Capacity Less than 1 kVA Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 20.7 | 2023 | +117.73% | -4.54% | View data |
| 2 | 2 Czechia | 20.46 | 2023 | |||
| 3 | 3 Bulgaria | 14.25 | 2023 | +6.19% | +3.23% | View data |
| 4 | 4 Germany | 11.87 | 2023 | -10.18% | +3.05% | View data |
| 5 | 5 Romania | 5.82 | 2023 | +3.02% | +2.37% | View data |
| 6 | 6 Spain | 4.78 | 2023 | -3.27% | +17.5% | View data |
| 7 | 7 Poland | 3.7 | 2023 | +1.04% | +1.95% | View data |
| 8 | 8 Belgium | 3.03 | 2023 | +18.28% | +7.67% | View data |
| 9 | 9 Austria | 3.02 | 2023 | +2.4% | -4.01% | View data |
| 10 | 10 Hungary | 2.95 | 2023 | +2.16% | +3.65% | View data |
