Saudi Arabia - Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSaudi Arabia: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA 2024
Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Saudi Arabia
The Saudi market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA soared to $X in 2022, rising by 18% against the previous year. Overall, consumption, however, showed a noticeable shrinkage. 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 Saudi Arabia
In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA surged to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.
Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA
Exports from Saudi Arabia
In 2022, approx. X units of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA were exported from Saudi Arabia; jumping by 2,018% compared with 2021 figures. In general, exports saw prominent growth. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA surged to $X in 2022. Overall, exports, however, saw a abrupt decrease. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.
Exports by Country
The United Arab Emirates (X units) was the main destination for exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA from Saudi Arabia, with a 77% share of total exports. Moreover, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA to the United Arab Emirates exceeded the volume sent to the second major destination, Egypt (X units), threefold.
From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled +3.4%.
In value terms, the United Arab Emirates ($X) remains the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA exports from Saudi Arabia, comprising 48% of total exports. The second position in the ranking was held by Egypt ($X), with a 14% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at +17.9%.
Export Prices by Country
In 2022, the average export price for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA amounted to $X per unit, waning by -77.8% against the previous year. In general, the export price faced a deep setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 392% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Egypt totaled $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+14.1%), while the prices for the other major destinations experienced a decline.
Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA
Imports into Saudi Arabia
Imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA into Saudi Arabia fell to X units in 2022, dropping by -8.9% compared with the year before. Overall, imports saw a drastic downturn. The growth pace was the most rapid in 2020 when imports increased by 25,340%. As a result, imports attained 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 non-liquid dielectric, of power handling capacity over X kVA surged to $X in 2022. Over the period under review, imports showed a abrupt shrinkage. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.
Imports by Country
In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity over X kVA suppliers to Saudi Arabia were China ($X), Turkey ($X) and Italy ($X), together comprising 89% of total imports.
Turkey, with a CAGR of +24.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for electrical transformers with non-liquid dielectric, of power handling capacity over 500 kva in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27114380 - Transformers, n.e.c., having a power handling capacity > .500 kVA
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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