France: Glass Electrical Insulator Market 2024

Glass Electrical Insulator Market Size in France

In 2021, the French glass electrical insulator market was finally on the rise to reach $X after six years of decline. In general, consumption, however, saw a mild slump. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Glass Electrical Insulator Production in France

In value terms, glass electrical insulator production surged to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 1,122% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Glass Electrical Insulator Exports

Exports from France

After two years of growth, shipments abroad of glass electrical insulators decreased by -73.6% to X units in 2021. Overall, exports recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 166%. The exports peaked at X units in 2020, and then fell markedly in the following year.

In value terms, glass electrical insulator exports shrank rapidly to $X in 2021. In general, exports saw a pronounced reduction. The pace of growth appeared the most rapid in 2014 when exports increased by 128% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X units) was the main destination for glass electrical insulator exports from France, accounting for a 39% share of total exports. Moreover, glass electrical insulator exports to Cote d'Ivoire exceeded the volume sent to the second major destination, Cameroon (X units), twofold. The third position in this ranking was taken by Benin (X units), with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Cote d'Ivoire totaled -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cameroon (+3.2% per year) and Benin (+17.6% per year).

In value terms, Cote d'Ivoire ($X) remains the key foreign market for glass electrical insulators exports from France, comprising 25% of total exports. The second position in the ranking was taken by Cameroon ($X), with a 12% share of total exports. It was followed by Benin, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Cote d'Ivoire totaled -6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cameroon (+1.4% per year) and Benin (+25.6% per year).

Export Prices by Country

In 2021, the average glass electrical insulator export price amounted to $X per unit, jumping by 28% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 29%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Israel ($X per unit), while the average price for exports to Germany ($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 Benin (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Electrical Insulator Imports

Imports into France

In 2021, approx. X units of glass electrical insulators were imported into France; surging by 2% on the year before. In general, imports, however, continue to indicate a slight decline. The pace of growth appeared the most rapid in 2014 with an increase of 87%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, glass electrical insulator imports rose to $X in 2021. Over the period under review, imports, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2014 with an increase of 61% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X units), Spain (X units) and Ukraine (X units) were the main suppliers of glass electrical insulator imports to France, with a combined 96% share of total imports. Estonia and China lagged somewhat behind, together accounting for a further 2.7%.

From 2012 to 2021, the biggest increases were recorded for Estonia (with a CAGR of +89.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest glass electrical insulator suppliers to France were Spain ($X), Italy ($X) and Ukraine ($X), together comprising 89% of total imports. These countries were followed by China and Estonia, which together accounted for a further 2.9%.

Estonia, with a CAGR of +17.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average glass electrical insulator import price stood at $X per unit in 2021, growing by 1.8% against the previous year. Overall, the import price, however, recorded a slight reduction. The growth pace was the most rapid in 2013 an increase of 15% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Estonia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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