MENA: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA in MENA

The MENA's market for electrical transformers with liquid dielectric, of power handling capacity under X kVA declined to $X in 2022, falling by X% against the previous year. Overall, consumption posted resilient growth. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under X kVA in MENA

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity under X kVA reached $X in 2022 estimated in export price. Over the period under review, production enjoyed a resilient increase. The growth pace was the most rapid in 2016 with an increase of X%. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth failed to regain momentum.

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Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA

Exports in MENA

In 2022, approx. X units of electrical transformers with liquid dielectric, of power handling capacity under X kVA were exported in MENA; which is down by X% compared with the previous year. Overall, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then declined in the following year.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA expanded sharply to $X in 2022. Total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey represented the key exporter of electrical transformers with liquid dielectric, of power handling capacity under X kVA in MENA, with the volume of exports reaching X units, which was near X% of total exports in 2022. Tunisia (X units) ranks second in terms of the total exports with a X% share, followed by Morocco (X%). The following exporters - the United Arab Emirates (X units) and Israel (X units) - each finished at a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Morocco (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

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

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, growing by X% against the previous year. In general, the export price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per unit), while Tunisia ($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 Liquid Dielectric, of Power Handling Capacity under 1 kVA

Imports in MENA

In 2022, supplies from abroad of electrical transformers with liquid dielectric, of power handling capacity under X kVA increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, imports, however, recorded a mild reduction. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports of hit record highs at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA amounted to $X in 2022. Over the period under review, imports, however, saw a perceptible contraction. 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 attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey prevails in kVA structure, resulting at X units, which was approx. X% of total imports in 2022. Egypt (X units) took the second position in the ranking, followed by Iran (X units) and Tunisia (X units). All these countries together took approx. X% share of total imports. The following importers - Oman (X units), Israel (X units) and Lebanon (X units) - together made up X% of total imports.

Imports into Turkey decreased at an average annual rate of X% from 2012 to 2022. At the same time, Egypt (X%), Lebanon (X%), Iran (X%) and Israel (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. Oman experienced a relatively flat trend pattern. By contrast, Tunisia (X%) illustrated a downward trend over the same period. While the share of Egypt (X p.p.) and Iran (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tunisia (X p.p.) and Turkey (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity under X kVA in MENA, comprising X% of total imports. The second position in the ranking was taken by Israel ($X), with a X% share of total imports. It was followed by Tunisia, with a X% share.

In Turkey, imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Israel (X% per year) and Tunisia (X% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the import prices remained at a lower figure.

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 Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform