Brazil - Glass Electrical Insulators - Market Analysis, Forecast, Size, Trends and Insights
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Glass Electrical Insulator Market Size in Brazil
In 2021, after three years of growth, there was significant decline in the Brazilian glass electrical insulator market, when its value decreased by -43.5% to $X. Overall, consumption, however, posted a tangible increase. Over the period under review, the market hit record highs at $X in 2020, and then shrank significantly in the following year.
Glass Electrical Insulator Exports
Exports from Brazil
In 2021, approx. X units of glass electrical insulators were exported from Brazil; with a decrease of -58.8% compared with 2020 figures. Overall, exports saw a sharp descent. The most prominent rate of growth was recorded in 2016 with an increase of 136% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
In value terms, glass electrical insulator exports contracted remarkably to $X in 2021. Over the period under review, exports saw a dramatic downturn. The pace of growth was the most pronounced in 2016 when exports increased by 353%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Bolivia (X units), Hungary (X units) and Paraguay (X units) were the main destinations of glass electrical insulator exports from Brazil, together comprising 79% of total exports.
From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of -0.2%), while shipments for the other leaders experienced a decline.
In value terms, Bolivia ($X) remains the key foreign market for glass electrical insulators exports from Brazil, comprising 47% of total exports. The second position in the ranking was held by Paraguay ($X), with a 23% share of total exports. It was followed by Hungary, with a 12% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Bolivia amounted to -51.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-47.5% per year) and Hungary (-8.7% per year).
Export Prices by Country
In 2021, the average glass electrical insulator export price amounted to $X per unit, picking up by 17% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 92% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Electrical Insulator Imports
Imports into Brazil
In 2021, after three years of growth, there was significant decline in overseas purchases of glass electrical insulators, when their volume decreased by -44.2% to X units. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 223%. Imports peaked at X units in 2020, and then dropped remarkably in the following year.
In value terms, glass electrical insulator imports dropped dramatically to $X in 2021. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 449% against the previous year. Imports peaked at $X in 2020, and then dropped significantly in the following year.
Imports by Country
In 2021, China (X units) constituted the largest supplier of glass electrical insulator to Brazil, accounting for a 82% share of total imports. Moreover, glass electrical insulator imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), fivefold.
From 2012 to 2021, the average annual growth rate of volume from China stood at +21.1%.
In value terms, China ($X) constituted the largest supplier of glass electrical insulators to Brazil, comprising 82% of total imports. The second position in the ranking was held by Russia ($X), with an 18% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +24.2%.
Import Prices by Country
The average glass electrical insulator import price stood at $X per unit in 2021, growing by 2.2% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, glass electrical insulator import price increased by +8.5% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 70%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per unit), while the price for China stood at $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+5.2%).
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Frequently Asked Questions (FAQ) :
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 2012–2023
- 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
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