Switzerland: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA 2024

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Switzerland

In 2023, the Swiss market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA decreased by X% to $X, falling for the second year in a row after three years of growth. Overall, consumption showed a deep reduction. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over X kVA in Switzerland

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA contracted dramatically to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a deep contraction. The growth pace was the most rapid in 2022 with an increase of X%. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Exports from Switzerland

In 2023, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA from Switzerland skyrocketed to X units, surging by X% against 2022. Overall, exports, however, continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports of reached the maximum at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA soared to $X in 2023. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA from Switzerland, with a X% share of total exports. Moreover, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA to the United States exceeded the volume sent to the second major destination, the Czech Republic (X units), twofold. Australia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Australia (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA exports from Switzerland, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with a X% share of total exports. It was followed by Australia, with an X% share.

From 2012 to 2023, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Australia (X% per year).

Export Prices by Country

In 2023, the average export price for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA amounted to $X per unit, falling by X% against the previous year. In general, the export price, however, continues to indicate prominent growth. The growth pace was the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per unit in 2017; however, from 2018 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Estonia ($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 Estonia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Imports into Switzerland

In 2023, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA into Switzerland rose significantly to X units, growing by X% compared with 2022 figures. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2022 to 2023, the growth of imports of failed to regain momentum.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA shrank to $X in 2023. In general, imports saw a noticeable increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Germany (X units) constituted the largest supplier of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA to Switzerland, accounting for a X% share of total imports. Moreover, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA from Germany exceeded the figures recorded by the second-largest supplier, Spain (X units), fivefold. The third position in this ranking was taken by the Czech Republic (X units), with an X% share.

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

In value terms, Germany ($X) constituted the largest supplier of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA to Switzerland, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with an X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2023, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Italy (X% per year).

Import Prices by Country

The average import price for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA stood at $X per unit in 2023, declining by X% against the previous year. In general, the import price, however, recorded a moderate increase. The growth pace was the most rapid in 2022 an increase of X% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform