China - Glass Electrical Insulators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChina's Glass Electrical Insulator Export Hits New Record of $11M in April 2023
China Glass Electrical Insulator Exports
In April 2023, overseas shipments of glass electrical insulators decreased by -10.5% to 2.4M units for the first time since December 2022, thus ending a three-month rising trend. Overall, exports, however, posted a strong expansion. The growth pace was the most rapid in June 2022 with an increase of 96% m-o-m. Over the period under review, the exports attained the peak figure at 2.7M units in March 2023, and then shrank in the following month.
In value terms, glass electrical insulator exports rose slightly to $11M (IndexBox estimates) in April 2023. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in June 2022 with an increase of 84% against the previous month. The exports peaked in April 2023.
| COUNTRY | Export Value of Glass Electrical Insulator in China (thousand USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
| United States | 724 | 472 | 328 | 1,785 | 1,174 | 1,662 | 1,523 | 2,680 | 113 | 1,221 | 618 | 1,194 | 2,450 |
| Tanzania | N/A | 6.8 | 255 | 162 | N/A | 18.8 | 720 | 158 | 484 | 8.8 | 24.4 | 91.8 | 1,727 |
| Australia | 363 | 126 | 24.0 | 816 | 41.6 | 180 | 463 | 480 | 103 | 156 | 597 | 1,502 | 1,418 |
| Guinea | 12.1 | 0.7 | 15.2 | N/A | N/A | 5.2 | N/A | N/A | N/A | N/A | N/A | N/A | 1,033 |
| Brazil | 646 | 218 | 225 | 1,319 | 1,198 | 1,537 | 817 | 530 | 1,020 | 1,605 | 175 | 483 | 984 |
| Vietnam | 367 | 291 | 1,333 | 149 | 286 | 216 | 414 | 826 | 785 | 562 | 542 | 849 | 850 |
| Mexico | 87.3 | N/A | 180 | N/A | N/A | N/A | 369 | 96.4 | 187 | N/A | 1,161 | 878 | 278 |
| Chile | 373 | 97.6 | 133 | 240 | 445 | 258 | 2.6 | 265 | 364 | 208 | 111 | 11.3 | 228 |
| Pakistan | 536 | 1,001 | 3,576 | 17.3 | 0.1 | 82.5 | 1,036 | N/A | N/A | 9.8 | N/A | 4.1 | N/A |
| Others | 910 | 1,652 | 1,055 | 1,604 | 2,604 | 2,059 | 2,447 | 2,937 | 2,670 | 4,603 | 5,093 | 5,467 | 1,713 |
| Total | 4,020 | 3,865 | 7,123 | 6,093 | 5,749 | 6,018 | 7,792 | 7,973 | 5,725 | 8,374 | 8,322 | 10,480 | 10,680 |
Exports by Country
The United States (588K units), Tanzania (432K units) and Brazil (296K units) were the main destinations of glass electrical insulator exports from China, together comprising 54% of total exports.
From April 2022 to April 2023, the biggest increases were in Tanzania (with a CAGR of +69.3%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the United States ($2.4M), Tanzania ($1.7M) and Australia ($1.4M) were the largest markets for glass electrical insulator exported from China worldwide, with a combined 52% share of total exports.
Tanzania, with a CAGR of +65.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In April 2023, the glass electrical insulator price amounted to $4.4 per unit (FOB, China), picking up by 14% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 24% m-o-m. As a result, the export price reached the peak level of $4,951 per thousand units. From February 2023 to April 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In April 2023, the country with the highest price was Chile ($10.9 per unit), while the average price for exports to Brazil ($3.3 per unit) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the glass electrical insulator market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
