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World - Glass Electrical Insulators - Market Analysis, Forecast, Size, Trends and Insights

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Global Glass Electrical Insulator Market 2024

Glass Electrical Insulator Market Size

The global glass electrical insulator market was finally on the rise to reach $X in 2021, after six years of decline. Over the period under review, consumption, however, recorded a noticeable decrease. Over the period under review, the global market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Glass Electrical Insulator Production

In value terms, glass electrical insulator production rose remarkably to $X in 2021 estimated in export price. Overall, production, however, saw a pronounced curtailment. The pace of growth was the most pronounced in 2013 with an increase of 63%. Global production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Glass Electrical Insulator Exports

Exports

In 2021, after three years of growth, there was significant decline in overseas shipments of glass electrical insulators, when their volume decreased by -13.8% to X units. In general, exports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 18% against the previous year. Over the period under review, the global exports attained the maximum at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, glass electrical insulator exports fell to $X in 2021. Over the period under review, exports saw a perceptible curtailment. The growth pace was the most rapid in 2016 with an increase of 18%. Over the period under review, the global exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

China (X units) and Russia (X units) represented roughly 58% of total exports in 2021. Spain (X units) took the next position in the ranking, followed by Italy (X units), Ukraine (X units) and the United States (X units). All these countries together held near 37% share of total exports. Canada (X units) held a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +16.2%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Russia ($X) and Italy ($X) were the countries with the highest levels of exports in 2021, with a combined 63% share of global exports. These countries were followed by Spain, Ukraine, the United States and Canada, which together accounted for a further 27%.

Among the main exporting countries, the United States, with a CAGR of +12.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average glass electrical insulator export price stood at $X per unit in 2021, picking up by 2.9% against the previous year. In general, the export price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2016 an increase of 4.4%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per unit), while Russia ($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 (+1.3%), while the other global leaders experienced a decline in the export price figures.

Glass Electrical Insulator Imports

Imports

In 2021, after three years of growth, there was significant decline in purchases abroad of glass electrical insulators, when their volume decreased by -15.6% to X units. The total import volume increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by 25%. Global imports peaked at X units in 2020, and then dropped dramatically in the following year.

In value terms, glass electrical insulator imports reached $X in 2021. The total import value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 26%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of global imports failed to regain momentum.

Imports by Country

The purchases of the four major importers of glass electrical insulators, namely Brazil, Canada, the United States and Vietnam, represented more than third of total import. Turkey (X units), Indonesia (X units), Pakistan (X units), Thailand (X units), Russia (X units), France (X units), Iraq (X units), Tunisia (X units) and Kazakhstan (X units) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Pakistan (with a CAGR of +75.8%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Brazil ($X) and Canada ($X) constituted the countries with the highest levels of imports in 2021, together comprising 23% of global imports. These countries were followed by Pakistan, Thailand, Vietnam, France, Indonesia, Russia, Iraq, Turkey, Tunisia and Kazakhstan, which together accounted for a further 24%.

Pakistan, with a CAGR of +63.5%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average glass electrical insulator import price stood at $X per unit in 2021, growing by 20% against the previous year. Overall, the import price, however, continues to indicate a slight decline. Global import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+2.5%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Brazil, Algeria and Italy, together comprising 39% of global consumption. Indonesia, the United States, Vietnam, Canada, Malaysia, Turkey, China, Iraq, France and Portugal lagged somewhat behind, together accounting for a further 31%.
The countries with the highest volumes of in 2021 were China, Italy and Spain, together comprising 77% of global production. These countries were followed by Russia and Ukraine, which together accounted for a further 21%.
In value terms, the largest glass electrical insulator supplying countries worldwide were China, Italy and Spain, with a combined 67% share of global exports.
In value terms, the largest glass electrical insulator importing markets worldwide were Algeria, Brazil and the United States, with a combined 34% share of global imports. Canada, Indonesia, Malaysia, Vietnam, France, Portugal, Iraq, Russia, Turkey and Kazakhstan lagged somewhat behind, together accounting for a further 26%.
The average glass electrical insulator export price stood at $2.1 per unit in 2021, flattening at the previous year.
The average glass electrical insulator import price stood at $2.3 per unit in 2021, declining by -5.7% against the previous year.

This report provides an in-depth analysis of the global glass electrical insulator market. 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 23192500 - Glass electrical insulators (excluding insulating fittings (other than insulators) for electrical machinery, appliances or equipment)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL 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. 9. GLOBAL 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. 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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. 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
  13. 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

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