Romania: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA in Romania

For the third consecutive year, the Romanian market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA recorded growth in sales value, which increased by X% to $X in 2023. Overall, consumption continues to indicate a buoyant increase. Consumption of peaked in 2023 and is likely to see steady growth in the immediate term.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA in Romania

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA shrank notably to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a slight increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2023, production of growth remained at a somewhat lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Exports from Romania

After three years of growth, overseas shipments of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA decreased by X% to X units in 2023. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X units in 2022, and then shrank sharply in the following year.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2023. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum in 2023 and are expected to retain growth in years to come.

Exports by Country

Germany (X units), Denmark (X units) and Hungary (X units) were the main destinations of exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA from Romania, together comprising X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Denmark ($X) and Hungary ($X) were the largest markets for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA exported from Romania worldwide, with a combined X% share of total exports.

Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, surging by X% against the previous year. In general, the export price showed pronounced growth. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2023, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Moldova ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Imports into Romania

In 2023, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA into Romania soared to X units, increasing by X% compared with 2022 figures. In general, imports saw a remarkable increase. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports of attained the peak figure in 2023 and are likely to continue growth in years to come.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2023. Overall, imports saw prominent growth. The pace of growth was the most pronounced in 2022 when imports increased by X%. Over the period under review, imports of reached the peak figure in 2023 and are likely to see gradual growth in the near future.

Imports by Country

In 2023, Hungary (X units) constituted the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA supplier to Romania, with a X% share of total imports. Moreover, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA from Hungary exceeded the figures recorded by the second-largest supplier, Turkey (X units), twofold. The Czech Republic (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Hungary stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the Czech Republic (X% per year).

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA suppliers to Romania were Hungary ($X), Turkey ($X) and the Czech Republic ($X), with a combined X% share of total imports.

Among the main suppliers, the Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average import price for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price saw temperate growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform