MENA: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA 2024

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA in MENA

The MENA's market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2022, with an increase of X% against the previous year. In general, consumption showed a relatively flat trend pattern. 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 from X kVA to X kVA in MENA

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA reduced to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production of reached the peak level 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 from 16 kVA to 500 kVA

Exports in MENA

In 2022, after three 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 X% to X units. In general, exports, however, enjoyed prominent growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units, and then shrank markedly 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 contracted sharply to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2021, and then fell significantly in the following year.

Exports by Country

Turkey was the main exporting country with an export of about X units, which resulted at X% of total exports. Iran (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Morocco (X%). Israel (X units), the United Arab Emirates (X units), Tunisia (X units) and Saudi Arabia (X units) followed a long way behind the leaders.

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

In value terms, Turkey ($X) remains the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Morocco ($X), with a X% share of total exports. It was followed by Iran, with a X% share.

In Turkey, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Morocco (X% per year) and Iran (X% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while Iran ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced a decline in the export price figures.

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

Imports in MENA

In 2022, approx. X units of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA were imported in MENA; reducing by X% compared with 2021 figures. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then fell significantly 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 sharply to $X in 2022. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Qatar (X units) represented the largest importer of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA, committing X% of total imports. It was distantly followed by Kuwait (X units), Egypt (X units) and Iraq (X units), together making up a X% share of total imports. Israel (X units), Turkey (X units) and Iran (X units) took a minor share of total imports.

Qatar was also the fastest-growing in terms of the electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA imports, with a CAGR of X% from 2012 to 2022. At the same time, Israel (X%), Egypt (X%), Iraq (X%) and Iran (X%) displayed positive paces of growth. By contrast, Turkey (X%) and Kuwait (X%) illustrated a downward trend over the same period. Qatar (X p.p.), Kuwait (X p.p.), Egypt (X p.p.), Iraq (X p.p.) and Israel (X p.p.) significantly strengthened its position in terms of the total imports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA importing markets in MENA were Egypt ($X), Iraq ($X) and Qatar ($X), together accounting for X% of total imports. Kuwait, Israel, Turkey and Iran lagged somewhat behind, together accounting for a further X%.

Kuwait, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, picking up by X% against the previous year. In general, the import price, however, saw a abrupt decrease. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform