Report Update Nov 1, 2024

Chile - Glass Electrical Insulators - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Glass Electrical Insulator Market 2024

Glass Electrical Insulator Market Size in Chile

The Chilean glass electrical insulator market dropped modestly to $X in 2021, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a drastic downturn. Glass electrical insulator consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Glass Electrical Insulator Exports

Exports from Chile

In 2021, approx. X units of glass electrical insulators were exported from Chile; waning by -25.7% on the previous year's figure. Over the period under review, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2020 when exports increased by 2,244% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, glass electrical insulator exports declined sharply to $X in 2021. Overall, exports showed a noticeable contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 3,372%. As a result, the exports attained the peak of $X, and then dropped remarkably in the following year.

Exports by Country

Bolivia (X units) and Paraguay (X units) were the main destinations of glass electrical insulator exports from Chile.

From 2012 to 2021, the biggest increases were recorded for Bolivia (with a CAGR of +106.5%).

In value terms, the largest markets for glass electrical insulator exported from Chile were Bolivia ($X) and Paraguay ($X).

In terms of the main countries of destination, Bolivia, with a CAGR of +79.9%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average glass electrical insulator export price stood at $X per unit in 2021, shrinking by -34.7% against the previous year. In general, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 48%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Paraguay amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (-6.5%).

Glass Electrical Insulator Imports

Imports into Chile

In 2021, after two years of growth, there was decline in overseas purchases of glass electrical insulators, when their volume decreased by -3.3% to X units. Overall, imports recorded a deep reduction. The growth pace was the most rapid in 2015 with an increase of 351%. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, glass electrical insulator imports reached $X in 2021. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 when imports increased by 262% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of glass electrical insulator to Chile, accounting for a 91% share of total imports. Moreover, glass electrical insulator imports from China exceeded the figures recorded by the second-largest supplier, Ukraine (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China stood at +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-9.6% per year) and Spain (-5.0% per year).

In value terms, China ($X) constituted the largest supplier of glass electrical insulators to Chile, comprising 91% of total imports. The second position in the ranking was held by Ukraine ($X), with a 7.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-10.9% per year) and Spain (-8.2% per year).

Import Prices by Country

In 2021, the average glass electrical insulator import price amounted to $X per unit, picking up by 3.5% against the previous year. Over the period under review, the import price, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2018 an increase of 20% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass electrical insulators in the world?

The countries with the highest volumes of in 2021 were Brazil, Algeria and Italy, together comprising 39% of global consumption. Indonesia, the United States, Vietnam, Canada, Malaysia, Turkey, China, Iraq, France and Portugal lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of glass electrical insulators in the world?

The countries with the highest volumes of in 2021 were China, Italy and Spain, with a combined 77% share of global production. These countries were followed by Russia and Ukraine, which together accounted for a further 21%.

What are the leading suppliers of glass electrical insulators to Chile?

In value terms, China constituted the largest supplier of glass electrical insulator to Chile, comprising 88% of total imports. The second position in the ranking was occupied by Ukraine, with a 6.9% share of total imports.

What is the average export price for glass electrical insulators in Chile?

In 2021, the average glass electrical insulator export price amounted to $2.1 per unit, dropping by -49.1% against the previous year.

What is the average import price for glass electrical insulators in Chile?

In 2021, the average glass electrical insulator import price amounted to $2.1 per unit, growing by 2.5% against the previous year.

This report provides an in-depth analysis of the glass electrical insulator market in Chile. 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:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023