United Arab Emirates: 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 the United Arab Emirates

After two years of decline, the market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA in the United Arab Emirates increased by X% to $X in 2022. In general, consumption posted prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA in the United Arab Emirates

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA fell slightly to $X in 2022 estimated in export price. Overall, production, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Production of peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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

Exports from the United Arab Emirates

In 2022, approx. X units of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA were exported from the United Arab Emirates; waning by X% compared with the previous year. Overall, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022. In general, exports, however, recorded a perceptible increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Bahrain (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 the United Arab Emirates, with 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 Bahrain exceeded the volume sent to the second major destination, the UK (X units), twofold. The third position in this ranking was taken by Oman (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Bahrain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Oman (X% per year).

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

From 2012 to 2022, the average annual growth rate of value to Bahrain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the average export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, picking up by X% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price 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. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mali ($X per unit) and Saudi Arabia ($X per unit), while the average price for exports to Kuwait ($X per unit) and Qatar ($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 Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the United Arab Emirates

Imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA into the United Arab Emirates contracted rapidly to X units in 2022, waning by X% compared with 2021. Overall, imports showed a noticeable shrinkage. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA fell notably to $X in 2022. In general, imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Saudi Arabia (X units) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA to the United Arab Emirates, accounting for 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 Saudi Arabia exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold. Turkey (X units) ranked third in terms of total imports with a X% share.

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

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

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

Import Prices by Country

The average import 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 import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform