United Arab Emirates: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA 2024

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA in the United Arab Emirates

In 2022, the market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in the United Arab Emirates was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, continues to indicate a abrupt downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA in the United Arab Emirates

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA soared to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of 213% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA

Exports from the United Arab Emirates

After four years of decline, shipments abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased by 8.8% to X units in 2022. In general, exports, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of 122% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X in 2022. Over the period under review, exports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of 146%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Cyprus (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 the United Arab Emirates, accounting for a 55% share of total exports. Moreover, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to Cyprus exceeded the volume sent to the second major destination, the United States (X units), sixfold. The third position in this ranking was taken by Germany (X units), with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cyprus stood at +23.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+417.7% per year) and Germany (+44.8% per year).

In value terms, the United States ($X), Germany ($X) and Mozambique ($X) constituted the largest markets for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exported from the United Arab Emirates worldwide, with a combined 49% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +170.3%, recorded the highest growth rate of 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

The average export price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2022, approximately reflecting the previous year. Overall, the export price, however, faced a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 89% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Cyprus ($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 Saudi Arabia (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 1 kVA to 16 kVA

Imports into the United Arab Emirates

In 2022, supplies from abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased by 5% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2013 when imports increased by 193% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA reached $X in 2022. In general, imports, however, faced a deep slump. The pace of growth was the most pronounced in 2013 when imports increased by 14% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

China (X units), Spain (X units) and Bulgaria (X units) were the main suppliers of imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to the United Arab Emirates, with a combined 57% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +48.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA suppliers to the United Arab Emirates were Spain ($X), China ($X) and the UK ($X), together comprising 33% of total imports. Germany, India, Bulgaria and France lagged somewhat behind, together accounting for a further 6.4%.

Among the main suppliers, Bulgaria, with a CAGR of +31.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2022, remaining constant against the previous year. In general, the import price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 177%. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

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 the UK ($X per unit), while the price for France ($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 UK (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :