Egypt: 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 Egypt

In 2022, the Egyptian market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, continues to indicate a noticeable reduction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

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

Exports from Egypt

In 2022, the amount of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA exported from Egypt surged to X units, rising by 433% on the previous year. Over the period under review, exports showed a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 500% against the previous year. Over the period under review, the exports of reached the peak figure at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA skyrocketed to $X in 2022. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 597%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Yemen (X units) was the main destination for exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA from Egypt, accounting for a 100% share of total exports. It was followed by Uganda (X units), with a 3.1% share of total exports. The third position in this ranking was held by Tanzania (X units), with a 3.1% share.

From 2012 to 2022, the average annual growth rate of volume to Yemen amounted to +18.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (0.0% per year) and Tanzania (0.0% per year).

In value terms, the largest markets for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA exported from Egypt were Turkey ($X), the United Arab Emirates ($X) and Kuwait ($X), with a combined 73% share of total exports.

Kuwait, with a CAGR of +157.8%, recorded the highest growth rate of the value of exports, in terms of 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

The average export price for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA stood at $X per unit in 2022, reducing by -72% against the previous year. In general, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of 396%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Yemen ($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 Kuwait (+183.7%), 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 Egypt

In 2022, overseas purchases of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2013 with an increase of 93% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, 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 surged to $X in 2022. Over the period under review, imports continue to indicate modest growth. The pace of growth was the most pronounced in 2013 when imports increased by 150%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Bulgaria (X units), China (X units) and Thailand (X units) were the main suppliers of imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA to Egypt, together accounting for 54% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +46.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity over X kVA suppliers to Egypt were Bulgaria ($X), China ($X) and South Korea ($X), with a combined 64% share of total imports.

Among the main suppliers, Bulgaria, with a CAGR of +49.9%, 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 2022, the average import price for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA amounted to $X per unit, remaining stable against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2016 an increase of 153% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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