The import of parts of power transmission equipment to the UAE has shown variability between 2013 and 2023, starting at 1.4201 million kilograms in 2013 and reaching 2.3195 million kilograms in 2023. The highest growth occurred in 2017 with a 63.28% increase, while the largest decline was in 2013 at -47.34%. For the past two years, there was a slight negative year-on-year change of around -0.01% in 2023. The CAGR over the last 5 years (from 2018 to 2023) was 0.18%, indicating modest growth.
Forecasts from 2024 to 2028 predict a slight decline, with a forecasted 5-year CAGR of -0.01%. The expected volume in 2028 is 2.3183 million kilograms. Future trends to watch for include global supply chain disruptions, technological advancements in power transmission, and UAE's energy transition towards more sustainable power sources, which could affect the demand for transmission equipment parts.
