Middle East: 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 Middle East

The Middle Eastern market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA declined modestly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption continues to indicate a perceptible descent. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained 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 Middle East

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA contracted to $X in 2022 estimated in export price. Over the period under review, production saw a mild decrease. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth failed to regain momentum.

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

Exports in the Middle East

In 2022, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kva to X kva in the Middle East reached X units, with an increase of X% on the previous year. Over the period under review, exports, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports of 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 skyrocketed to $X in 2022. In general, exports, however, continue to indicate a noticeable shrinkage. Over the period under review, the exports of hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey was the major exporting country with an export of about X units, which resulted at X% of total exports. The United Arab Emirates (X units) took the second position in the ranking, distantly followed by Israel (X units) and Lebanon (X units). All these countries together took approx. X% share of total exports. Saudi Arabia (X units) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Lebanon (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

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

In Turkey, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Israel (X% per year) and Lebanon (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price recorded a mild increase. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per unit), while the United Arab Emirates ($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 more modest paces of growth.

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

Imports in the Middle East

Imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA declined slightly to X units in 2022, shrinking by X% against the previous year. Total imports indicated a noticeable increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2015 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 soared to $X in 2022. Overall, imports continue to indicate a abrupt contraction. Over the period under review, imports of reached the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Turkey was the largest importer of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in the Middle East, with the volume of imports reaching X units, which was near X% of total imports in 2022. The United Arab Emirates (X units) took the second position in the ranking, followed by Qatar (X units), Kuwait (X units) and Lebanon (X units). All these countries together took approx. X% share of total imports. Israel (X units) and Iran (X units) took a relatively small share of total imports.

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

In value terms, Lebanon ($X) constitutes the largest market for imported electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA in the Middle East, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Lebanon stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (X% per year) and Turkey (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, increasing by X% against the previous year. In general, the import price, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2015 an increase of X% against the previous year. 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.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Lebanon ($X per unit), while Qatar ($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