United Arab Emirates: 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 the United Arab Emirates

In 2022, the market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA in the United Arab Emirates was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption posted a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA totaled $X in 2022 estimated in export price. Overall, production continues to indicate a dramatic decrease. The growth pace was the most rapid in 2021 with a decrease of 99.9% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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

Exports from the United Arab Emirates

In 2022, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA from the United Arab Emirates shrank to X units, with a decrease of -5.4% on the previous year. Over the period under review, exports showed a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by 158,697% against the previous year. As a result, the exports reached 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 contracted to $X in 2022. In general, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2020 when exports increased by 445%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Bahrain (X units), Uzbekistan (X units) and China (X units) were the main destinations of exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA from the United Arab Emirates, together accounting for 71% of total exports.

From 2012 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of +31.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA exported from the United Arab Emirates were Uzbekistan ($X), Bahrain ($X) and China ($X), with a combined 79% share of total exports.

In terms of the main countries of destination, China, with a CAGR of +643.7%, 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

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, leveling off at the previous year. In general, the export price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 29,012%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 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 Uzbekistan ($X per unit), while the average price for exports to the Philippines ($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 China (+2,052.8%), 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 over 500 kVA

Imports into the United Arab Emirates

In 2022, overseas purchases of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA were finally on the rise to reach X units after three years of decline. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by 147%. As a result, imports reached the peak of X units. From 2019 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 skyrocketed to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 106% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Italy (X units) and Ireland (X units) were the main suppliers of imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA to the United Arab Emirates, together accounting for 63% of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +68.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA to the United Arab Emirates, comprising 50% of total imports. The second position in the ranking was held by Italy ($X), with a 20% share of total imports. It was followed by Egypt, with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-7.6% per year) and Egypt (0.0% per year).

Import Prices by Country

In 2022, the average import price for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA amounted to $X per unit, approximately mirroring the previous year. In general, the import price, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when the average import price increased by 35%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Ireland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-6.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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