Middle East: 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 the Middle East

The Middle Eastern market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2022, picking up by 215% against the previous year. In general, consumption recorded pronounced growth. 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 to X kVA in the Middle East

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA dropped slightly to $X in 2022 estimated in export price. In general, production, however, saw a slight downturn. The growth pace was the most rapid in 2020 with an increase of 25%. 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 the Middle East

In 2022, the amount of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA exported in the Middle East skyrocketed to X units, rising by 67% against the previous year's figure. Over the period under review, exports posted a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 83%. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

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 strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey represented the largest exporting country with an export of around X units, which amounted to 72% of total exports. It was distantly followed by Saudi Arabia (X units), generating a 19% share of total exports. The following exporters - Yemen (X units), the United Arab Emirates (X units) and Oman (X units) - together made up 7.8% of total exports.

From 2012 to 2022, average annual rates of growth with regard to electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA exports from Turkey stood at +11.6%. 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 the Middle East, with a CAGR of +59.1% from 2012-2022. By contrast, the United Arab Emirates (-18.3%) illustrated a downward trend over the same period. While the share of Turkey (+24 p.p.), Saudi Arabia (+18 p.p.) and Yemen (+3.1 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (-41.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA supplier in the Middle East, comprising 94% of total exports. The second position in the ranking was taken by the United Arab Emirates ($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 the Middle East stood at $X per unit in 2022, which is down by -9.6% against the previous year. Export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA increased by +75.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when the export price increased by 94% against the previous year. As a result, the export price reached the peak level of $X per unit, and then reduced in the following year.

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 Turkey ($X per unit), while Saudi Arabia ($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 (+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 the Middle East

In 2022, the amount of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA imported in the Middle East skyrocketed to X units, growing by 825% on the previous year. Overall, imports posted a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 1,000% 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 somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022. Over the period under review, imports, however, showed a abrupt contraction. Over the period under review, imports of reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates was the main importing country with an import of around X units, which resulted at 48% of total imports. It was distantly followed by Iraq (X units), Qatar (X units), Saudi Arabia (X units) and Yemen (X units), together making up a 48% share of total imports. Israel (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA imports into the United Arab Emirates stood at +19.4%. At the same time, Israel (+35.4%), Qatar (+26.6%), Yemen (+25.2%), Iraq (+15.1%) and Saudi Arabia (+6.2%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +35.4% from 2012-2022. The United Arab Emirates (+15 p.p.), Qatar (+11 p.p.) and Yemen (+2.8 p.p.) significantly strengthened its position in terms of the total imports, while Saudi Arabia saw its share reduced by -6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA in the Middle East, comprising 41% of total imports. The second position in the ranking was taken by Qatar ($X), with an 18% share of total imports. It was followed by Iraq, with an 11% share.

In the United Arab Emirates, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA decreased by an average annual rate of -7.2% over the period from 2012-2022. 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

In 2022, the import price in the Middle East amounted to $X per unit, waning by -85.9% against the previous year. Overall, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2021 an increase of 1,032% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: 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

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