MENA: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA 2025

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA in MENA

The MENA's market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA expanded notably to $X in 2022, picking up by 7.6% against the previous year. Over the period under review, consumption, however, enjoyed a buoyant increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

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

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. In general, production saw a buoyant expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by 134% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA

Exports in MENA

In 2022, after two years of growth, there was significant decline in overseas shipments of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA, when their volume decreased by -38.1% to X units. Over the period under review, exports saw a noticeable curtailment. The pace of growth was the most pronounced in 2021 with an increase of 331% against the previous year. As a result, the exports reached the peak of X units, and then reduced dramatically in the following year.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022. Overall, exports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 34%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Saudi Arabia (X units) represented the major exporter of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA, making up 64% of total exports. Israel (X units) held a 15% share (based on physical terms) of total exports, which put it in second place, followed by Oman (8.8%) and Iran (7.2%). The United Arab Emirates (X units) held a little share of total exports.

Exports from Saudi Arabia decreased at an average annual rate of -2.6% from 2012 to 2022. At the same time, Oman (+33.7%) and Israel (+10.5%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in MENA, with a CAGR of +33.7% from 2012-2022. By contrast, Iran (-13.6%) and the United Arab Emirates (-19.1%) illustrated a downward trend over the same period. While the share of Israel (+11 p.p.), Oman (+8.4 p.p.) and Saudi Arabia (+5.3 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (-11.8 p.p.) and Iran (-14.7 p.p.) displayed negative dynamics.

In value terms, Saudi Arabia ($X), Oman ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2022, with a combined 14% share of total exports.

Among the main exporting countries, Oman, with a CAGR of +23.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, picking up by 116% against the previous year. Overall, the export price enjoyed a mild increase. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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 the United Arab Emirates ($X per unit), while Saudi Arabia ($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 (+4.2%), 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 16 kVA to 500 kVA

Imports in MENA

In 2022, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in MENA contracted dramatically to X units, reducing by -39.1% on the year before. Over the period under review, imports showed a pronounced downturn. The pace of growth was the most pronounced in 2021 when imports increased by 337%. As a result, imports reached the peak of X units, and then plummeted in the following year.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA fell dramatically to $X in 2022. Overall, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 64%. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia prevails in kVA structure, amounting to X units, which was approx. 68% of total imports in 2022. Israel (X units) held the second position in the ranking, followed by Oman (X units) and Egypt (X units). All these countries together held approx. 21% share of total imports. The following importers - Morocco (X units) and the United Arab Emirates (X units) - each finished at a 6.4% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA imports into Saudi Arabia stood at -2.0%. At the same time, Israel (+14.2%), Egypt (+11.7%) and the United Arab Emirates (+9.7%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in MENA, with a CAGR of +14.2% from 2012-2022. By contrast, Morocco (-4.4%) and Oman (-7.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Israel, Egypt and the United Arab Emirates increased by +7.5, +3.3 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), Egypt ($X) and the United Arab Emirates ($X) were the countries with the highest levels of imports in 2022, together comprising 53% of total imports.

Egypt, with a CAGR of +6.4%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 MENA stood at $X per unit in 2022, growing by 33% against the previous year. In general, the import price, however, showed a abrupt slump. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 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 Egypt ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (-4.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform