CIS - Insulating Fittings for Electrical Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCIS: Insulating Fittings Market 2024
Insulating Fittings Market Size in CIS
The CIS insulating fittings market totaled $X in 2021, therefore, remained relatively stable against the previous year. In general, consumption showed a perceptible decline. The most prominent rate of growth was recorded in 2017 with an increase of 6.8%. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.
Insulating Fittings Production in CIS
In value terms, insulating fittings production expanded to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by 12%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.
Insulating Fittings Exports
Exports in CIS
In 2021, approx. X tons of insulating fittings for electrical purposes were exported in the CIS; with an increase of 215% against 2020. Over the period under review, exports recorded a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, insulating fittings exports surged to $X in 2021. In general, exports enjoyed measured growth. The most prominent rate of growth was recorded in 2017 when exports increased by 154% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.
Exports by Country
In 2021, Russia (X tons) was the largest exporter of insulating fittings for electrical purposes in the CIS, committing 98% of total export.
Russia was also the fastest-growing in terms of the insulating fittings for electrical purposes exports, with a CAGR of +9.0% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.
In value terms, Russia ($X) also remains the largest insulating fittings supplier in the CIS.
From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to +2.7%.
Export Prices by Country
In 2021, the export price in the CIS amounted to $X per ton, which is down by -21.8% against the previous year. In general, the export price saw a deep contraction. The growth pace was the most rapid in 2017 an increase of 37%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -5.8% per year.
Insulating Fittings Imports
Imports in CIS
Insulating fittings imports soared to X tons in 2021, rising by 34% compared with the previous year's figure. In general, imports saw a resilient expansion. The growth pace was the most rapid in 2018 when imports increased by 65%. The volume of import peaked in 2021 and is likely to see steady growth in the immediate term.
In value terms, insulating fittings imports soared to $X in 2021. Overall, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 50%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.
Imports by Country
In 2021, Russia (X tons) and Kazakhstan (X tons) were the largest importers of insulating fittings for electrical purposes in the CIS, together committing 80% of total imports. It was distantly followed by Moldova (X tons), creating a 12% share of total imports. The following importers - Belarus (X tons) and Uzbekistan (X tons) - together made up 5% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uzbekistan (with a CAGR of +67.3%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest insulating fittings importing markets in the CIS were Russia ($X), Kazakhstan ($X) and Moldova ($X), with a combined 91% share of total imports. Belarus and Uzbekistan lagged somewhat behind, together accounting for a further 7.4%.
In terms of the main importing countries, Uzbekistan, with a CAGR of +70.5%, saw the highest rates of growth with regard to 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 2021, the import price in the CIS amounted to $X per ton, with a decrease of -10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2020 when the import price increased by 26% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Moldova ($X per ton), while Russia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+5.1%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the insulating fittings market in CIS. 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 27901280 - Insulating fittings for electrical purposes, of materials other than ceramics or plastics, electrical conduit tubing and joints therefor, of base metal lined with insulating material
Country coverage:
- Armenia
- Azerbaijan
- Belarus
- Kazakhstan
- Kyrgyzstan
- Moldova
- Russia
- Tajikistan
- Uzbekistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in CIS, split by region and country
- Trade (exports and imports) in CIS
- 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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Armenia
- Azerbaijan
- Belarus
- Kazakhstan
- Kyrgyzstan
- Moldova
- Russia
- Tajikistan
- Uzbekistan
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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