Oman: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA in Oman

In 2022, after two years of decline, there was significant growth in the Omani market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA, when its value increased by X% to $X. In general, consumption continues to indicate a modest expansion. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA in Oman

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA shrank slightly to $X in 2022 estimated in export price. Overall, production, however, posted significant growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth remained at a lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Exports from Oman

In 2022, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA from Oman dropped notably to X units, falling by X% on the previous year's figure. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports of attained the peak figure at X units in 2021, and then declined notably in the following year.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA fell dramatically to $X in 2022. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Qatar (X units) was the main destination for exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA from Oman, accounting for a X% share of total exports. Moreover, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA to Qatar exceeded the volume sent to the second major destination, Kuwait (X units), sevenfold. The third position in this ranking was taken by the United Arab Emirates (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Qatar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and the United Arab Emirates (X% per year).

In value terms, Qatar ($X) remains the key foreign market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA exports from Oman, comprising X% of total exports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Qatar totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Bahrain ($X per unit) and the United Arab Emirates ($X per unit), while the average price for exports to Qatar ($X per unit) and Yemen ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Imports into Oman

In 2022, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA into Oman fell dramatically to X units, which is down by X% against the year before. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA reduced remarkably to $X in 2022. Overall, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA supplier to Oman, with a X% share of total imports. Moreover, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X units), fourfold. The third position in this ranking was held by India (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and India (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA to Oman, comprising X% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with an X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average import price for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Bahrain ($X per unit) and Saudi Arabia ($X per unit), while the price for India ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform