In 2023, Germany dominated the European import market of measuring transformers with sub-1kVA capacity, accounting for nearly 30% of units, followed by Italy at 18.83%. Czechia, Spain, and Denmark also featured prominently. Significant year-on-year changes were seen in Denmark, with a sharp 20.49% increase, and Finland, with a substantial 31.88% rise. Conversely, Austria, France, and Luxembourg experienced marked declines, reflecting shifting market dynamics over the past year. Despite the fluctuations, the market revealed stability and growth potential in core regions.
Looking ahead, European imports of measuring transformers under 1 kVA are likely to experience diversification. Growth in Northern and Eastern European countries points to emerging opportunities, with technological advancements and sustainable energy solutions stimulating demand. Market participants should monitor evolving regulations, economic conditions, and technological innovations to capture market share amidst shifting European import trends.
Top countries in Import 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 Germany | 29.96 | 2023 | +2.08% | +1.84% | View data |
| 2 | 2 Italy | 18.83 | 2023 | +2.75% | +1.74% | View data |
| 3 | 3 Czechia | 8.2 | 2023 | |||
| 4 | 4 Spain | 6.94 | 2023 | +6.35% | +2.96% | View data |
| 5 | 5 Denmark | 6.66 | 2023 | +6% | +20.49% | View data |
| 6 | 6 Poland | 4.92 | 2023 | +0.13% | -4.9% | View data |
| 7 | 7 France | 3.5 | 2023 | -4.04% | -8.34% | View data |
| 8 | 8 Romania | 3.42 | 2023 | +0.16% | -2.48% | View data |
| 9 | 9 Finland | 2.16 | 2023 | +54.61% | +31.88% | View data |
| 10 | 10 Belgium | 2.1 | 2023 | +6.23% | +4.79% | View data |
