Europe: Insulating Fittings Market 2025

Insulating Fittings Market Size in Europe

In 2021, after four years of growth, there was significant decline in the Europe insulating fittings market, when its value decreased by -9.9% to $X. In general, consumption recorded a perceptible contraction. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Insulating Fittings Production in Europe

In value terms, insulating fittings production stood at $X in 2021 estimated in export price. In general, production saw a noticeable downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by 16%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Insulating Fittings Exports

Exports in Europe

In 2021, the amount of insulating fittings for electrical purposes exported in Europe rose notably to X tons, picking up by 12% on the previous year. In general, exports, however, saw a slight setback. The growth pace was the most rapid in 2016 with an increase of 21% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, insulating fittings exports rose rapidly to $X in 2021. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 14% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The shipments of the ten major exporters of insulating fittings for electrical purposes, namely Italy, Poland, Portugal, Spain, Switzerland, Germany, the Czech Republic, Croatia, Sweden and France, represented more than two-thirds of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Poland (with a CAGR of +58.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2021, with a combined 42% share of total exports.

Among the main exporting countries, Poland, with a CAGR of +54.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2021, reducing by -5.6% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 32% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+12.1%), while the other leaders experienced more modest paces of growth.

Insulating Fittings Imports

Imports in Europe

After two years of growth, overseas purchases of insulating fittings for electrical purposes decreased by -2.9% to X tons in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 16% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, insulating fittings imports rose notably to $X in 2021. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 14%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Italy (X tons), Germany (X tons), Spain (X tons), Sweden (X tons), France (X tons), the UK (X tons), the Netherlands (X tons), Poland (X tons), Romania (X tons), Belgium (X tons), Slovakia (X tons) and Croatia (X tons) represented roughly 77% of total imports in 2021. Switzerland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Sweden (with a CAGR of +24.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Spain ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 31% of total imports. These countries were followed by Sweden, France, Romania, Italy, the UK, Switzerland, Poland, Belgium, Croatia and Slovakia, which together accounted for a further 40%.

Among the main importing countries, Sweden, with a CAGR of +17.4%, 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

The import price in Europe stood at $X per ton in 2021, increasing by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2013 an increase of 31%. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform