Egypt: Electrical Transformer Market 2024

Electrical Transformer Market Size in Egypt

The Egyptian electrical transformer market fell rapidly to $X in 2022, declining by X% against the previous year. In general, consumption saw a pronounced decrease. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Electrical Transformer Production in Egypt

In value terms, electrical transformer production totaled less than $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Electrical Transformer Exports

Exports from Egypt

In 2022, approx. X units of electrical transformers were exported from Egypt; waning by X% against 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, electrical transformer exports soared to $X in 2022. In general, exports, however, saw perceptible growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X units) was the main destination for electrical transformer exports from Egypt, accounting for a X% share of total exports. Moreover, electrical transformer exports to Saudi Arabia exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X units), threefold. The third position in this ranking was taken by Nigeria (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Nigeria (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for electrical transformers exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a X% share of total exports. It was followed by Libya, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Libya (X% per year).

Export Prices by Country

In 2022, the average electrical transformer export price amounted to $X per unit, increasing by X% against the previous year. Overall, the export price enjoyed a modest expansion. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($X per unit), while the average price for exports to Zambia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Transformer Imports

Imports into Egypt

In 2022, overseas purchases of electrical transformers decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then contracted remarkably in the following year.

In value terms, electrical transformer imports fell markedly to $X in 2022. Over the period under review, imports showed a perceptible curtailment. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electrical transformer to Egypt, accounting for a X% share of total imports. Moreover, electrical transformer imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold. The third position in this ranking was held by Italy (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

In value terms, China ($X) constituted the largest supplier of electrical transformers to Egypt, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average electrical transformer import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, recorded a sharp decline. The growth pace was the most rapid in 2015 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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