Italy - Glass Electrical Insulators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlass Electrical Insulator Prices in Italy Drop by 3%, Reaching An Average of $7.4 per Unit
Italy Glass Electrical Insulator Export Price in June 2023
In June 2023, the glass electrical insulator price stood at $7.4 per unit (FOB, Italy), waning by -2.9% against the previous month. Over the period under review, export price indicated a tangible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, glass electrical insulator export price decreased by -17.6% against April 2023 indices. The pace of growth was the most pronounced in April 2023 an increase of 48% against the previous month. As a result, the export price reached the peak level of $8,992 per thousand units. From May 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($11.6 per unit), while the average price for exports to the UK ($6.5 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
| COUNTRY | Export Price of Glass Electrical Insulator in Italy (USD per unit) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
| Canada | 5.7 | 5.4 | 9.7 | 10.0 | 8.7 | 8.6 | 9.5 | 9.3 | 11.8 | 10.0 | 10.1 | 11.3 | 11.6 |
| United States | 5.0 | 5.6 | 5.5 | 5.5 | 6.7 | 6.0 | 7.4 | 5.3 | 8.5 | 6.5 | 10.5 | 8.7 | 9.8 |
| United Kingdom | 5.0 | N/A | N/A | 5.1 | 5.0 | 4.9 | N/A | 6.0 | 5.9 | 5.9 | 5.8 | 6.3 | 6.5 |
| Colombia | N/A | N/A | 4.1 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Average | 5.1 | 5.3 | 6.4 | 5.5 | 7.9 | 6.3 | 5.6 | 6.0 | 7.4 | 6.1 | 9.0 | 7.6 | 7.4 |
Italy Glass Electrical Insulator Exports
In June 2023, glass electrical insulator exports from Italy surged to 1.7M units, increasing by 42% on May 2023. In general, exports showed resilient growth. The pace of growth was the most pronounced in March 2023 when exports increased by 953% against the previous month. As a result, the exports reached the peak of 2.2M units. From April 2023 to June 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, glass electrical insulator exports surged to $13M (IndexBox estimates) in June 2023. Over the period under review, exports saw a resilient increase. The most prominent rate of growth was recorded in March 2023 with an increase of 764% month-to-month. As a result, the exports attained the peak of $13M. From April 2023 to June 2023, the growth of the exports remained at a somewhat lower figure.
Italy Glass Electrical Insulator Exports by Country
Saudi Arabia (914K units) was the main destination for glass electrical insulator exports from Italy, with a 54% share of total exports. Moreover, glass electrical insulator exports to Saudi Arabia exceeded the volume sent to the second major destination, Canada (385K units), twofold. the UK (99K units) ranked third in terms of total exports with a 5.9% share.
From June 2022 to June 2023, the average monthly rate of growth in terms of volume to Saudi Arabia stood at +19.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Canada (+19.6% per month) and the UK (+0.9% per month).
In value terms, the largest markets for glass electrical insulator exported from Italy were Saudi Arabia ($5.5M), Canada ($4.5M) and the UK ($650K), together comprising 84% of total exports. These countries were followed by France, Indonesia, Croatia, the United States and Malaysia, which together accounted for a further 14%.
Indonesia, with a CAGR of +59.3%, 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.
This report provides an in-depth analysis of the glass electrical insulator market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
