Middle East: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA 2025

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in the Middle East

The Middle Eastern market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA skyrocketed to $X in 2022, jumping by 45% against the previous year. Overall, consumption continues to indicate prominent 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 Non-Liquid Dielectric, of Power Handling Capacity over X kVA in the Middle East

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA skyrocketed to $X in 2022 estimated in export price. Overall, production enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 369%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Exports in the Middle East

Exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA surged to X units in 2022, increasing by 154% on 2021 figures. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 7,027% 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 remained at a lower figure.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA soared to $X in 2022. Over the period under review, exports, however, recorded a mild decrease. The pace of growth appeared the most rapid in 2020 with an increase of 33%. Over the period under review, the exports of reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X units) and Iran (X units) represented roughly 60% of total exports in 2022. Saudi Arabia (X units) ranks next in terms of the total exports with an 11% share, followed by Syrian Arab Republic (10%), Oman (8.4%) and Israel (5.6%). Lebanon (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Iran (with a CAGR of +35.5%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest electrical transformers with non-liquid dielectric, of power handling capacity over X kVA supplier in the Middle East, comprising 68% of total exports. The second position in the ranking was taken by Oman ($X), with an 8% share of total exports. It was followed by Saudi Arabia, with a 7.9% share.

In Turkey, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Oman (+13.1% per year) and Saudi Arabia (-9.6% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, shrinking by -50.5% against the previous year. In general, the export price saw a mild curtailment. The pace of growth appeared the most rapid in 2021 an increase of 5,134%. Over the period under review, the export prices hit record highs at $X per unit in 2017; however, from 2018 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 ($X per unit), while Syrian Arab Republic ($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 (+8.9%), while the other leaders experienced a decline in the export price figures.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Imports in the Middle East

In 2022, approx. X units of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA were imported in the Middle East; with an increase of 38% compared with the year before. In general, imports recorded a noticeable expansion. The most prominent rate of growth was recorded in 2020 with an increase of 3,914%. 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 over X kVA expanded modestly to $X in 2022. Overall, imports, however, saw a noticeable contraction. The pace of growth appeared the most rapid in 2016 with an increase of 45%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates prevails in kVA structure, recording X units, which was approx. 70% of total imports in 2022. It was distantly followed by Lebanon (X units), Turkey (X units) and Kuwait (X units), together achieving a 17% share of total imports. The following importers - Palestine (X units), Saudi Arabia (X units) and Qatar (X units) - each resulted at a 9.7% share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +9.8% from 2012 to 2022. At the same time, Lebanon (+65.7%), Palestine (+35.3%) and Kuwait (+28.4%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +65.7% from 2012-2022. By contrast, Qatar (-1.4%), Turkey (-2.6%) and Saudi Arabia (-17.4%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+32 p.p.), Lebanon (+6 p.p.), Kuwait (+4.7 p.p.) and Palestine (+3.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Qatar (-1.7 p.p.), Turkey (-4.2 p.p.) and Saudi Arabia (-27.4 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Qatar ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 64% of total imports. Saudi Arabia, Kuwait, Palestine and Lebanon lagged somewhat behind, together comprising a further 18%.

In terms of the main importing countries, Kuwait, with a CAGR of +8.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, reducing by -25.9% against the previous year. Overall, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2021 an increase of 4,936%. Over the period under review, import prices attained the peak figure at $X per unit in 2013; however, from 2014 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 Qatar ($X per unit), while Lebanon ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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