The European export landscape for measuring transformers with power handling capacities below 1 kVA is led by Italy and Czechia, both exceeding 7 million items in 2023. Italy saw a slight decline, while Czechia remained a strong contender. Key growth spots were Bulgaria, Germany, and Romania, with notable increases. Estonia and Finland experienced the highest growth rates, reflecting emerging export capabilities. By contrast, France discontinued its exports in this segment, underlining market shifts.
- Italy: Despite a decline, continues to lead exports.
- Estonia: Highest growth with near doubling in export volume.
- France: No exports recorded in 2023, a significant market change.
- Emerging players: Bulgaria, Germany, and Romania showing growth.
Future trends to watch in this market include increased demand for higher efficiency transformers, technological advancements, and potential re-entry by countries like France. Moreover, the competitive landscape could shift as new players like Estonia bolster their presence in the export market.
Top countries in Export 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 Italy | 7,206,400 | 2023 | +117.73% | -4.54% | View data |
| 2 | 2 Czechia | 7,122,000 | 2023 | |||
| 3 | 3 Bulgaria | 4,960,200 | 2023 | +6.19% | +3.23% | View data |
| 4 | 4 Germany | 4,133,300 | 2023 | -10.18% | +3.05% | View data |
| 5 | 5 Romania | 2,026,700 | 2023 | +3.02% | +2.37% | View data |
| 6 | 6 Spain | 1,664,200 | 2023 | -3.27% | +17.5% | View data |
| 7 | 7 Poland | 1,289,100 | 2023 | +1.04% | +1.95% | View data |
| 8 | 8 Belgium | 1,053,500 | 2023 | +18.28% | +7.67% | View data |
| 9 | 9 Austria | 1,052,200 | 2023 | +2.4% | -4.01% | View data |
| 10 | 10 Hungary | 1,025,900 | 2023 | +2.16% | +3.65% | View data |
