Asia: Ceramic Electrical Insulator Market 2025

Ceramic Electrical Insulator Market Size in Asia

The Asian ceramic electrical insulator market surged to $X in 2022, increasing by 33% against the previous year. In general, consumption enjoyed a significant increase. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Ceramic Electrical Insulator Production in Asia

In value terms, ceramic electrical insulator production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 64,467%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Ceramic Electrical Insulator Exports

Exports by Country

In 2022, China (X units) was the main exporter of electrical insulators of ceramics, making up 71% of total exports. It was distantly followed by India (X units) and Thailand (X units), together achieving a 19% share of total exports. Japan (X units) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of -3.5% from 2020 to 2022. At the same time, Thailand (+11.3%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia, with a CAGR of +11.3% from 2020-2022. By contrast, India (-9.3%) and Japan (-51.0%) illustrated a downward trend over the same period. China (+7.8 p.p.) and Thailand (+2.7 p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by -9.7% from 2020 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest ceramic electrical insulator supplier in Asia, comprising 62% of total exports. The second position in the ranking was taken by India ($X), with a 20% share of total exports. It was followed by Japan, with a 7.1% share.

In China, ceramic electrical insulator exports shrank by an average annual rate of -2.0% over the period from 2020-2022. In the other countries, the average annual rates were as follows: India (+33.1% per year) and Japan (-28.1% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, jumping by 33% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of +9.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by India (+46.7%), while the other leaders experienced more modest paces of growth.

Ceramic Electrical Insulator Imports

Imports in Asia

In 2022, ceramic electrical insulator imports in Asia soared to X units, increasing by 58% compared with 2021 figures. In general, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of 741%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, ceramic electrical insulator imports reduced to $X in 2022. Overall, imports, however, continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2020 with an increase of 7.2% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Philippines (X units), distantly followed by Turkey (X units), Japan (X units), China (X units), India (X units), Pakistan (X units) and Bangladesh (X units) were the largest importers of electrical insulators of ceramics, together making up 58% of total imports. Singapore (X units), Thailand (X units), Kazakhstan (X units), Uzbekistan (X units), Myanmar (X units) and Indonesia (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +186.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Bangladesh ($X) and the Philippines ($X) were the countries with the highest levels of imports in 2022, together accounting for 29% of total imports. Indonesia, Thailand, Turkey, Japan, Pakistan, India, Singapore, Kazakhstan, Uzbekistan and Myanmar lagged somewhat behind, together comprising a further 35%.

In terms of the main importing countries, Uzbekistan, with a CAGR of +35.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, declining by -42.5% against the previous year. Over the period under review, the import price saw a abrupt setback. The pace of growth was the most pronounced in 2017 an increase of 463% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-7.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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