MENA: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA in MENA

The MENA's market for electrical transformers with liquid dielectric, of power handling capacity over X kVA amounted to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, continues to indicate a precipitous slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity over X kVA rose sharply to $X in 2022 estimated in export price. In general, production, however, continues to indicate a sharp reduction. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Exports in MENA

In 2022, overseas shipments of electrical transformers with liquid dielectric, of power handling capacity over X kVA increased by X% to X units, rising for the fourth year in a row after three years of decline. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded 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 failed to regain momentum.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity over X kVA reached $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Turkey dominates kVA structure, accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Egypt (X units), committing a X% share of total exports. Iran (X units), the United Arab Emirates (X units), Saudi Arabia (X units), Morocco (X units) and Lebanon (X units) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Morocco (X%), Egypt (X%) and Iran (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. Saudi Arabia experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (X%) and Lebanon (X%) illustrated a downward trend over the same period. Turkey (X p.p.), Egypt (X p.p.) and Morocco (X p.p.) significantly strengthened its position in terms of the total exports, while Lebanon and the United Arab Emirates saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

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

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity over 10000 kVA

Imports in MENA

In 2022, imports of electrical transformers with liquid dielectric, of power handling capacity over X kva in MENA fell to X units, waning by X% compared with 2021. Overall, imports recorded a perceptible downturn. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2016 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 over X kVA expanded slightly to $X in 2022. Over the period under review, imports recorded a noticeable decrease. The pace of growth appeared the most rapid in 2016 when imports increased by X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Iraq was the largest importer of electrical transformers with liquid dielectric, of power handling capacity over X kVA in MENA, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. Kuwait (X units) ranks second in terms of the total imports with a X% share, followed by the United Arab Emirates (X%), Oman (X%), Qatar (X%) and Israel (X%). Bahrain (X units) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to electrical transformers with liquid dielectric, of power handling capacity over X kVA imports into Iraq stood at X%. At the same time, Israel (X%) and Oman (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Kuwait (X%), the United Arab Emirates (X%), Bahrain (X%) and Qatar (X%) illustrated a downward trend over the same period. While the share of Iraq (X p.p.), Kuwait (X p.p.), Oman (X p.p.) and Israel (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Bahrain (X p.p.), the United Arab Emirates (X p.p.) and Qatar (X p.p.) displayed negative dynamics.

In value terms, Iraq ($X) constitutes the largest market for imported electrical transformers with liquid dielectric, of power handling capacity over X kVA in MENA, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Oman, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Iraq totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Oman (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, rising by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Oman ($X per unit), while Kuwait ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform