India - Electrical Insulators Of Ceramics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndia's Export of Ceramic Electrical Insulator Plummets to $73 Million in 2023
India Ceramic Electrical Insulator Exports
In 2023, shipments abroad of electrical insulators of ceramics decreased by -12% to 51M units for the first time since 2020, thus ending a two-year rising trend. Overall, exports, however, enjoyed perceptible growth. The pace of growth appeared the most rapid in 2021 with an increase of 53%. Over the period under review, the exports attained the peak figure at 58M units in 2022, and then reduced in the following year.
In value terms, ceramic electrical insulator exports dropped to $73M (IndexBox estimates) in 2023. In general, exports, however, showed a tangible expansion. The pace of growth appeared the most rapid in 2022 when exports increased by 50% against the previous year. As a result, the exports reached the peak of $80M, and then reduced in the following year.
| COUNTRY | Export Value of Ceramic Electrical Insulator in India (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Bangladesh | 1.2 | 0.4 | 1.0 | 1.6 | 1.1 | 1.3 | 0.9 | 2.8 | 5.4 | 28.4 | 24.8 |
| United States | 17.6 | 17.1 | 11.5 | 9.0 | 11.4 | 12.6 | 17.5 | 18.8 | 19.3 | 25.3 | 22.1 |
| Germany | 2.0 | 1.8 | 2.3 | 5.1 | 6.1 | 7.6 | 7.8 | 6.0 | 6.9 | 7.5 | 6.6 |
| Nepal | 0.2 | 0.5 | 0.8 | 3.4 | 2.2 | 1.5 | 5.0 | 2.0 | 2.8 | 1.4 | 1.8 |
| Russia | 3.8 | 0.7 | 1.3 | 2.4 | 3.1 | 1.8 | 1.0 | 0.9 | 1.0 | 1.6 | 1.4 |
| Mexico | 0.7 | 0.7 | 0.7 | 1.6 | 1.7 | 1.9 | 1.0 | 0.8 | 1.1 | 1.5 | 1.3 |
| Japan | N/A | N/A | 0.6 | 0.3 | 0.4 | 0.7 | 0.6 | 0.9 | 1.0 | 1.4 | 1.2 |
| Turkey | 2.2 | 2.2 | 1.9 | 1.6 | 2.6 | 2.5 | 1.4 | 0.9 | 1.4 | 0.9 | 0.9 |
| Others | 19.2 | 14.3 | 16.8 | 14.6 | 14.0 | 18.9 | 15.2 | 12.2 | 14.6 | 12.4 | 13.0 |
| Total | 47.0 | 37.7 | 37.0 | 39.5 | 42.4 | 48.8 | 50.3 | 45.4 | 53.6 | 80.4 | 73.0 |
Exports by Country
the United States (21M units), Bangladesh (15M units) and Nepal (1.4M units) were the main destinations of ceramic electrical insulator exports from India, with a combined 74% share of total exports. Turkey, Mexico, Russia, Germany and Japan lagged somewhat behind, together accounting for a further 7.9%.
From 2013 to 2023, the biggest increases were recorded for Japan (with a CAGR of +80.1%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Bangladesh ($25M), the United States ($22M) and Germany ($6.6M) constituted the largest markets for ceramic electrical insulator exported from India worldwide, together comprising 73% of total exports. Nepal, Russia, Mexico, Japan and Turkey lagged somewhat behind, together comprising a further 9%.
Japan, with a CAGR of +96.0%, saw the highest rates of growth with regard to the value of exports, among 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 2023, the ceramic electrical insulator price amounted to $1.4 per unit (FOB, India), with an increase of 3.9% against the previous year. Over the period under review, the export price continues to indicate mild growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 42%. The export price peaked at $2.5 per unit in 2020; however, from 2021 to 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($9.1 per unit), while the average price for exports to Iraq ($0.4 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the ceramic electrical insulator market in India. 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 23431030 - Electrical insulators of ceramics (excluding insulating fittings)
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
