Germany: Electrical Insulator Market 2025

Electrical Insulator Market Size in Germany

The German electrical insulator market declined to $X in 2022, shrinking by -7.7% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Electrical Insulator Production in Germany

In value terms, electrical insulator production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by 17% against the previous year. Electrical insulator production peaked at $X in 2021, and then dropped in the following year.

Electrical Insulator Exports

Exports from Germany

In 2022, electrical insulator exports from Germany shrank notably to X units, reducing by -18.4% compared with 2021 figures. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of 71%. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, electrical insulator exports reached $X in 2022. Over the period under review, exports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 31%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X units), Austria (X units) and Denmark (X units) were the main destinations of electrical insulator exports from Germany, together accounting for 33% of total exports. France, Saudi Arabia, China, the United States, Norway, Switzerland, the Netherlands, the Czech Republic, Sweden and Hungary lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +24.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Saudi Arabia ($X) and China ($X) appeared to be the largest markets for electrical insulator exported from Germany worldwide, together accounting for 37% of total exports. Switzerland, the Czech Republic, the Netherlands, France, Austria, Sweden, Norway, Hungary, Denmark and Belgium lagged somewhat behind, together accounting for a further 29%.

In terms of the main countries of destination, Hungary, with a CAGR of +9.6%, 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

In 2022, the average electrical insulator export price amounted to $X per unit, jumping by 24% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average export price increased by 58% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Insulator Imports

Imports into Germany

In 2022, supplies from abroad of electrical insulators decreased by -27.3% to X units, falling for the ninth consecutive year after two years of growth. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2013 when imports increased by 7.3% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, electrical insulator imports expanded slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 17% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X units), China (X units) and Austria (X units) were the main suppliers of electrical insulator imports to Germany, with a combined 55% share of total imports. The United States, the Netherlands, the Czech Republic, the UK, Switzerland, India and Romania lagged somewhat behind, together comprising a further 38%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +10.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical insulator suppliers to Germany were China ($X), the United States ($X) and the Czech Republic ($X), with a combined 43% share of total imports.

In terms of the main suppliers, the United States, with a CAGR of +15.4%, recorded the highest growth rate of 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 2022, the average electrical insulator import price amounted to $X per unit, growing by 42% against the previous year. In general, the import price showed a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+31.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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