Key Market Indicators
The import and export of transformers in Jordan is expected to reach $117 million and $2.8 million respectively by 2026. This is a 2.7% increase in imports and a 3.6% decrease in exports compared to the figures in 2021. In 2021, Jordan was the 68th largest importer of transformers worldwide, with Myanmar overtaking the country with imports worth $98 million. China, Germany and Mexico were the top three importers of transformers that year, accounting for a combined total of $7.7 billion. Meanwhile, Bahrain overtook Jordan in 2021 as the 75th largest exporter of transformers, with exports worth $3.5 million. The top three exporters of transformers that year were Germany, the United States and Japan, who accounted for a combined total of $4.4 billion. Since 1999, the demand for transformers in Jordan has grown at an average of 3.7% year on year. However, the supply of transformers has decreased at an average of 2.5% year on year over the same period.
