Saudi Arabia: 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 Saudi Arabia

The Saudi market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA reduced remarkably to $X in 2022, declining by -24.8% against the previous year. Over the period under review, consumption saw a deep reduction. Consumption of peaked at $X in 2012; however, from 2013 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 Saudi Arabia

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA rose remarkably to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 49%. Production of peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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

Exports from Saudi Arabia

In 2022, after two years of growth, there was significant decline in shipments abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA, when their volume decreased by -41.2% to X units. Over the period under review, exports saw a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 469%. As a result, the exports reached the peak of X units, and then dropped significantly 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 fell modestly to $X in 2022. Overall, exports showed a deep downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 91% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Jordan (X units) was the main destination for exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA from Saudi Arabia, accounting for a 73% share of total exports. Moreover, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to Jordan exceeded the volume sent to the second major destination, Iraq (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Jordan stood at +6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (-11.9% per year) and the United Arab Emirates (+29.0% per year).

In value terms, Jordan ($X) remains the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exports from Saudi Arabia, comprising 73% of total exports. The second position in the ranking was held by Iraq ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Jordan amounted to -7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (-23.1% per year) and the United Arab Emirates (+13.6% per year).

Export Prices by Country

In 2022, the average export price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, jumping by 69% against the previous year. Over the period under review, the export price, however, saw a abrupt downturn. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-12.0%), while the prices for the other major destinations experienced a decline.

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

Imports into Saudi Arabia

Imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA into Saudi Arabia fell sharply to X units in 2022, with a decrease of -39.8% compared with the previous year. Over the period under review, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 388% against the previous year. As a result, imports attained the peak of X units, and then shrank notably 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 dropped to $X in 2022. In general, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 17%. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In value terms, South Korea ($X), Spain ($X) and the United States ($X) constituted the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA suppliers to Saudi Arabia, with a combined 65% share of total imports. Italy, China, France and Canada lagged somewhat behind, together accounting for a further 24%.

Canada, with a CAGR of +6.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Source: IndexBox Platform

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