MENA: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA 2025

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

The MENA's market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022, rising by 225% against the previous year. Overall, consumption showed a moderate expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

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

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA totaled $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2020 when the production volume increased by 24%. As a result, production reached the peak level of $X. From 2021 to 2022, 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 in MENA

In 2022, approx. X units of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA were exported in MENA; jumping by 73% on the previous year. In general, exports showed a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 186% against the previous year. As a result, the exports attained 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 liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2022. Overall, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey was the key exporting country with an export of around X units, which recorded 68% of total exports. It was distantly followed by Saudi Arabia (X units) and Tunisia (X units), together constituting a 23% share of total exports. The following exporters - Yemen (X units), the United Arab Emirates (X units) and Oman (X units) - together made up 7.4% of total exports.

Exports from Turkey increased at an average annual rate of +11.6% from 2012 to 2022. At the same time, Yemen (+59.1%), Saudi Arabia (+48.5%) and Oman (+10.7%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing exporter exported in MENA, with a CAGR of +59.1% from 2012-2022. By contrast, Tunisia (-1.1%) and the United Arab Emirates (-18.3%) illustrated a downward trend over the same period. Turkey (+26 p.p.), Saudi Arabia (+17 p.p.) and Yemen (+3 p.p.) significantly strengthened its position in terms of the total exports, while Tunisia and the United Arab Emirates saw its share reduced by -4.8% and -37.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA supplier in MENA, comprising 93% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 2% share of total exports. It was followed by Saudi Arabia, with a 1.8% share.

In Turkey, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA expanded at an average annual rate of +13.5% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-11.6% per year) and Saudi Arabia (+14.9% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, dropping by -12.6% against the previous year. In general, the export price, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2021 when the export price increased by 205%. As a result, the export price reached the peak level of $X per unit, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.3%), while the other leaders experienced more modest paces of growth.

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

Imports in MENA

In 2022, imports of electrical transformers with liquid dielectric, of power handling capacity from X kva to X kva in MENA surged to X units, jumping by 729% on the previous year's figure. In general, imports saw a strong expansion. The growth pace was the most rapid in 2020 when imports increased by 1,115%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022. Overall, imports, however, saw a abrupt decrease. Over the period under review, imports of reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the largest importing country with an import of around X units, which reached 38% of total imports. It was distantly followed by Iraq (X units), Qatar (X units) and Libya (X units), together generating a 43% share of total imports. The following importers - Algeria (X units), Saudi Arabia (X units) and Yemen (X units) - each amounted to a 12% share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +19.4% from 2012 to 2022. At the same time, Qatar (+26.6%), Yemen (+25.2%), Algeria (+19.7%), Libya (+19.4%), Iraq (+15.1%) and Saudi Arabia (+6.2%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in MENA, with a CAGR of +26.6% from 2012-2022. While the share of the United Arab Emirates (+11 p.p.), Qatar (+8.8 p.p.), Libya (+3.6 p.p.) and Yemen (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Saudi Arabia (-5.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA in MENA, comprising 34% of total imports. The second position in the ranking was held by Qatar ($X), with a 15% share of total imports. It was followed by Iraq, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates amounted to -7.2%. The remaining importing countries recorded the following average annual rates of imports growth: Qatar (+0.6% per year) and Iraq (-8.5% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, falling by -85.1% against the previous year. Overall, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2021 an increase of 1,289% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Qatar ($X per unit), while Yemen ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (-20.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform