Key Market Indicators
Oman's transformer import is expected to reach around $211 million by 2026, increasing by an average of 2.4% year on year since 2021. The country was ranked 51st in 2021, overtaken by Kazakhstan at $183 million. China, Germany and Mexico came in second, third and fourth place respectively. Meanwhile, Oman's transformer export is predicted to reach $54 million by 2026, showing a CAGR of 4.6% year on year since 2021. The country was ranked 55th in 2021, surpassed by Morocco at $41 million. Germany, the United States and Japan came in second, third and fourth place respectively. Since 1994, Omani supply has grown by 31.6% year on year.
