Key Market Indicators
Qatari transformer imports are expected to reach $253 million by 2026, up from $237 million in 2021. The yearly average growth rate is 1.1%. Since 2005, demand has decreased by an average of 2.3% each year. In 2021, Qatar ranked 47th, with Ukraine overtaking it at $237 million. China, Germany and Mexico respectively ranked second, third and fourth.