GCC: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA 2025

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA in GCC

The GCC market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022, with an increase of 43% against the previous year. Over the period under review, consumption saw mild growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022 estimated in export price. The total production indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -28.0% against 2019 indices. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA

Exports in GCC

In 2022, the amount of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exported in GCC rose rapidly to X units, with an increase of 12% compared with 2021 figures. Over the period under review, exports, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 824% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA reached $X in 2022. In general, exports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of 56%. Over the period under review, the exports of attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, the United Arab Emirates (X units) was the largest exporter of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA, generating 52% of total exports. Saudi Arabia (X units) took the second position in the ranking, distantly followed by Bahrain (X units), Kuwait (X units) and Qatar (X units). All these countries together held near 45% share of total exports. Oman (X units) followed a long way behind the leaders.

Exports from the United Arab Emirates decreased at an average annual rate of -2.6% from 2012 to 2022. At the same time, Bahrain (+56.3%) and Qatar (+44.8%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in GCC, with a CAGR of +56.3% from 2012-2022. Oman experienced a relatively flat trend pattern. By contrast, Kuwait (-4.4%) and Saudi Arabia (-7.1%) illustrated a downward trend over the same period. Bahrain (+8.4 p.p.), Qatar (+4.6 p.p.) and the United Arab Emirates (+1.7 p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by -14.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA supplying countries in GCC were Saudi Arabia ($X), Oman ($X) and the United Arab Emirates ($X), with a combined 90% share of total exports. Bahrain, Kuwait and Qatar lagged somewhat behind, together comprising a further 9.6%.

In terms of the main exporting countries, Bahrain, with a CAGR of +52.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, shrinking by -9.4% against the previous year. In general, the export price showed a perceptible contraction. The pace of growth was the most pronounced in 2021 when the export price increased by 1,701%. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+23.0%), while the other leaders experienced mixed trends in the export price figures.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA

Imports in GCC

In 2022, the amount of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA imported in GCC rose sharply to X units, surging by 11% on the previous year's figure. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 999% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022. Over the period under review, imports, however, showed a perceptible slump. The pace of growth was the most pronounced in 2014 when imports increased by 286%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

The countries with the highest levels of imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in 2022 were the United Arab Emirates (X units), Kuwait (X units) and Saudi Arabia (X units), together amounting to 91% of total import. It was distantly followed by Qatar (X units), constituting a 4.6% share of total imports. The following importers - Oman (X units) and Bahrain (X units) - each recorded a 4% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Kuwait (with a CAGR of +16.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Qatar ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of imports in 2022, with a combined 71% share of total imports. Oman, Kuwait and Bahrain lagged somewhat behind, together accounting for a further 29%.

Among the main importing countries, Bahrain, with a CAGR of +12.4%, saw the highest growth rate of 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

The import price in GCC stood at $X per unit in 2022, rising by 40% against the previous year. In general, the import price, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when the import price increased by 1,071%. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+23.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform