Oman: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in Oman

The Omani market for electrical transformers with liquid dielectric, of power handling capacity over X kVA amounted to $X in 2022, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption faced a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Exports from Oman

In 2022, the amount of electrical transformers with liquid dielectric, of power handling capacity over X kVA exported from Oman contracted significantly to X units, with a decrease of -50% on 2021 figures. In general, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 300% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA reduced dramatically to $X in 2022. Over the period under review, exports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 265%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kuwait (X units) and Saudi Arabia (X units) were the main destinations of exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA from Oman. Moreover, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA in Kuwait exceeded the figures recorded by the second-largest exporter, Saudi Arabia, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of 0.0%).

In value terms, the largest markets for electrical transformers with liquid dielectric, of power handling capacity over X kVA exported from Oman were Saudi Arabia ($X), Kuwait ($X) and Yemen ($X), together accounting for 96% of total exports.

Among the main countries of destination, Yemen, with a CAGR of +20.7%, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average export price for electrical transformers with liquid dielectric, of power handling capacity over X kVA amounted to $X per unit, growing by 27% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 48%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Kuwait totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+16.4%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Imports into Oman

In 2022, overseas purchases of electrical transformers with liquid dielectric, of power handling capacity over X kVA decreased by -8.5% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 134% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA expanded markedly to $X in 2022. Over the period under review, imports showed a deep setback. The pace of growth appeared the most rapid in 2017 when imports increased by 190% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Italy (X units), South Korea (X units) and Croatia (X units) were the main suppliers of imports of electrical transformers with liquid dielectric, of power handling capacity over X kVA to Oman, with a combined 56% share of total imports. Turkey, Finland, the United Arab Emirates, China, India, Japan, Bahrain and Germany lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of +11.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity over X kVA suppliers to Oman were Turkey ($X), Croatia ($X) and South Korea ($X), together comprising 23% of total imports. Italy, Japan, the United Arab Emirates, China, India, Germany, Finland, Bahrain and the United States lagged somewhat behind, together accounting for a further 13%.

In terms of the main suppliers, China, with a CAGR of +39.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for electrical transformers with liquid dielectric, of power handling capacity over X kVA stood at $X per unit in 2022, growing by 17% against the previous year. In general, the import price, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2018 an increase of 52% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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