Key Market Indicators
Lebanon's Transformer Imports are expected to reach $47 million by 2026, up from $44 million in 2021, with a year-on-year growth rate of 1.1%. The country has seen an average annual growth rate of 1.5% since 2002. Lebanon was the 85th largest importer in 2021, behind Senegal, which imported $44 million. China, Germany and Mexico were the top three importers, in that order. Lebanon's Transformer Exports are forecast to reach $3 million by 2026, down from $3.3 million in 2021, with a year-on-year decline of 1.5%. The country has seen an average annual growth rate of 3.1% since 2002. Lebanon was the 77th largest exporter in 2021, behind Azerbaijan, which exported $3.3 million. Germany, the United States and Japan were the top three exporters, in that order.
