Brazil - Glass Electrical Insulators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBrazil's Import of Glass Electrical Insulator Falls by 34%, Dropping to $9.5 Million in 2023
Brazil Glass Electrical Insulator Imports
In 2023, purchases abroad of glass electrical insulators decreased by -33.8% to 4.8M units, falling for the third year in a row after three years of growth. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 70% against the previous year. Imports peaked at 17M units in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.
In value terms, glass electrical insulator imports dropped remarkably to $9.5M (IndexBox estimates) in 2023. Over the period under review, imports saw a pronounced decrease. The pace of growth appeared the most rapid in 2019 with an increase of 48% against the previous year. Imports peaked at $33M in 2020; however, from 2021 to 2023, imports failed to regain momentum.
| COUNTRY | Import Value of Glass Electrical Insulator in Brazil (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| China | 14.0 | 9.4 | 12.3 | 14.7 | 12.2 | 18.0 | 24.3 | 17.8 | 15.3 | 11.8 | 9.2 |
| Russia | N/A | 1.1 | 0.1 | 1.9 | 2.0 | 0.7 | 5.3 | 9.3 | 3.3 | 2.4 | 0.2 |
| Italy | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3.5 | N/A | 0.1 | N/A |
| Others | N/A | 0.1 | 0.3 | 0.3 | 0.8 | 1.7 | 0.6 | 2.1 | N/A | N/A | 0.1 |
| Total | 14.1 | 10.6 | 12.7 | 16.8 | 15.1 | 20.4 | 30.1 | 32.7 | 18.7 | 14.4 | 9.5 |
Imports by Country
In 2023, China (4.7M units) was the main glass electrical insulator supplier to Brazil, accounting for a 97% share of total imports. It was followed by Russia (120K units), with a 2.5% share of total imports.
From 2013 to 2023, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-18.5% per year) and Italy (+10.0% per year).
In value terms, China ($9.2M) constituted the largest supplier of glass electrical insulators to Brazil, comprising 97% of total imports. The second position in the ranking was taken by Russia ($236K), with a 2.5% share of total imports.
From 2013 to 2023, the average annual growth rate of value from China stood at -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-16.0% per year) and Italy (+14.7% per year).
Import Prices by Country
In 2023, the glass electrical insulator price amounted to $2 per unit, therefore (CIF, Brazil), remained relatively stable against the previous year. Over the period under review, the import price, however, showed a noticeable setback. The pace of growth was the most pronounced in 2017 when the average import price increased by 12% against the previous year. The import price peaked at $2.9 per unit in 2013; however, from 2014 to 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was China ($2 per unit), while the price for Russia amounted to $2 per unit.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Russia (+3.0%).
This report provides an in-depth analysis of the glass electrical insulator market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23192500 - Glass electrical insulators (excluding insulating fittings (other than insulators) for electrical machinery, appliances or equipment)
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
