Key Market Indicators
Export of transformers from Egypt is expected to decrease by around 1.3% annually to reach $7.3 million by 2026. In 2021, Egypt was ranked 69th in the world, with Costa Rica coming in at number 68 with $7.9 million. Germany, the US and Japan were the top three countries in this ranking. Meanwhile, import of transformers to Egypt is predicted to grow by 3.1% each year to reach nearly $487 million by 2026. In 2021, South Africa led the way with $406 million, followed by China, Germany and Mexico in the top four spots. Since 1999, demand for transformers in Egypt has grown by 12.4% annually.