Report Update Nov 1, 2024

GCC - Electrical Insulators of Ceramics - Market Analysis, Forecast, Size, Trends and Insights

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GCC: Ceramic Electrical Insulator Market 2024

Ceramic Electrical Insulator Market Size in GCC

The GCC ceramic electrical insulator market skyrocketed to $X in 2022, jumping by 37% against the previous year. Overall, consumption continues to indicate a significant expansion. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Ceramic Electrical Insulator Production in GCC

In value terms, ceramic electrical insulator production soared to $X in 2022 estimated in export price. In general, production, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of 50%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ceramic Electrical Insulator Exports

Exports by Country

The United Arab Emirates dominates exports structure, reaching X units, which was approx. 95% of total exports in 2022. It was distantly followed by Oman (X units), comprising a 4.5% share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of +11.8% from 2020 to 2022. At the same time, Oman (+33.6%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of +33.6% from 2020-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest ceramic electrical insulator supplier in GCC, comprising 95% of total exports. The second position in the ranking was taken by Oman ($X), with a 4.5% share of total exports.

In the United Arab Emirates, ceramic electrical insulator exports increased at an average annual rate of +8.1% over the period from 2020-2022.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, growing by 4.7% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decline. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Oman totaled $X per unit.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-3.2%).

Ceramic Electrical Insulator Imports

Imports in GCC

In 2022, approx. X units of electrical insulators of ceramics were imported in GCC; growing by 18% against the year before. Over the period under review, imports recorded a remarkable increase. The growth pace was the most rapid in 2016 when imports increased by 690% against the previous year. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, ceramic electrical insulator imports stood at $X in 2022. In general, imports, however, showed a abrupt downturn. The growth pace was the most rapid in 2015 with an increase of 23% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Kuwait represented the major importer of electrical insulators of ceramics in GCC, with the volume of imports finishing at X units, which was approx. 68% of total imports in 2022. It was distantly followed by the United Arab Emirates (X units) and Oman (X units), together constituting a 29% share of total imports. Qatar (X units) followed a long way behind the leaders.

Kuwait was also the fastest-growing in terms of the electrical insulators of ceramics imports, with a CAGR of +12.6% from 2012 to 2022. At the same time, the United Arab Emirates (+10.2%), Oman (+9.4%) and Qatar (+3.0%) displayed positive paces of growth. From 2012 to 2022, the share of Kuwait increased by +8.6 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kuwait ($X) constitutes the largest market for imported electrical insulators of ceramics in GCC, comprising 36% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 7.4% share of total imports. It was followed by Oman, with a 7.1% share.

In Kuwait, ceramic electrical insulator imports increased at an average annual rate of +1.4% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (-1.3% per year) and Oman (-2.2% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per unit, which is down by -7.4% against the previous year. In general, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 574% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (-9.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

This report provides an in-depth analysis of the ceramic electrical insulator market in GCC. 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 23431030 - Electrical insulators of ceramics (excluding insulating fittings)

Country coverage:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in GCC, split by region and country
Trade (exports and imports) in GCC
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bahrain
- Kuwait
- Oman
- Qatar
- Saudi Arabia
- United Arab Emirates
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023