Middle East: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA in the Middle East

In 2022, the Middle Eastern market for electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA decreased by -4.7% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption continues to indicate a deep slump. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from X kVA - X kVA in the Middle East

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable curtailment. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Exports in the Middle East

In 2022, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA in the Middle East skyrocketed to X units, increasing by 169% against the previous year's figure. In general, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 325%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA soared to $X in 2022. Over the period under review, exports posted a notable expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates (X units) and Turkey (X units) prevails in kVA structure, together generating 79% of total exports. Syrian Arab Republic (X units) held an 8.2% share (based on physical terms) of total exports, which put it in second place, followed by Saudi Arabia (7%) and Lebanon (4.6%).

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +39.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA supplier in the Middle East, comprising 93% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 2.2% share of total exports. It was followed by the United Arab Emirates, with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled +5.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (-3.2% per year) and the United Arab Emirates (+1.4% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, dropping by -35.5% against the previous year. In general, the export price saw a deep setback. The pace of growth was the most pronounced in 2021 an increase of 341%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.8%), while the other leaders experienced a decline in the export price figures.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 1 kVA - 650 kVA

Imports in the Middle East

In 2022, approx. X units of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA were imported in the Middle East; with a decrease of -9.6% compared with 2021 figures. Overall, imports showed a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of 899%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA soared to $X in 2022. Over the period under review, imports continue to indicate a abrupt descent. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Turkey dominates kVA structure, amounting to X units, which was approx. 81% of total imports in 2022. It was distantly followed by Lebanon (X units), constituting a 7.5% share of total imports. The following importers - Iraq (X units), the United Arab Emirates (X units), Saudi Arabia (X units) and Iran (X units) - together made up 9.2% of total imports.

Imports into Turkey decreased at an average annual rate of -4.9% from 2012 to 2022. At the same time, Lebanon (+27.1%), Iran (+15.7%) and the United Arab Emirates (+10.2%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +27.1% from 2012-2022. By contrast, Saudi Arabia (-6.9%) and Iraq (-14.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Lebanon, the United Arab Emirates and Iran increased by +7.1, +1.5 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Iraq ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA in the Middle East, comprising 57% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 9.9% share of total imports. It was followed by Iran, with an 8.6% share.

In Iraq, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA - X kVA decreased by an average annual rate of -10.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (+3.1% per year) and Iran (+6.3% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, with an increase of 67% against the previous year. In general, the import price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 when the import price increased by 240% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 Iraq ($X per unit), while Turkey ($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 (+4.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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