Ireland - Electrical Insulators - Market Analysis, Forecast, Size, Trends and Insights
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Electrical Insulator Market Size in Ireland
In 2022, the Irish electrical insulator market decreased by -2.9% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption recorded a noticeable decrease. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.
Electrical Insulator Exports
Exports from Ireland
Electrical insulator exports from Ireland contracted dramatically to X units in 2022, with a decrease of -48.3% against 2021 figures. Over the period under review, exports faced a abrupt setback. The growth pace was the most rapid in 2019 when exports increased by 184% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.
In value terms, electrical insulator exports soared to $X in 2022. In general, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of 63%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
Exports by Country
The UK (X units) was the main destination for electrical insulator exports from Ireland, with a 27% share of total exports. Moreover, electrical insulator exports to the UK exceeded the volume sent to the second major destination, France (X units), twofold. The United States (X units) ranked third in terms of total exports with a 10% share.
From 2012 to 2022, the average annual growth rate of volume to the UK amounted to -15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+13.3% per year) and the United States (-2.8% per year).
It was followed by the United States, with a 9.7% share.
From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to -8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+7.5% per year) and the United States (-13.4% per year).
Export Prices by Country
The average electrical insulator export price stood at $X per unit in 2022, surging by 176% against the previous year. In general, the export price, however, recorded a pronounced slump. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Slovakia ($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 the UK (+7.9%), while the prices for the other major destinations experienced a decline.
Electrical Insulator Imports
Imports into Ireland
In 2022, imports of electrical insulators into Ireland stood at X units, leveling off at the year before. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 23%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.
In value terms, electrical insulator imports totaled $X in 2022. Overall, imports saw a slight curtailment. The pace of growth appeared the most rapid in 2013 when imports increased by 22%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.
Imports by Country
In 2022, Germany (X units) constituted the largest supplier of electrical insulator to Ireland, with a 66% share of total imports. Moreover, electrical insulator imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), ninefold. The Netherlands (X units) ranked third in terms of total imports with a 4.9% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-18.1% per year) and the Netherlands (+13.7% per year).
In value terms, the UK ($X), Germany ($X) and China ($X) constituted the largest electrical insulator suppliers to Ireland, together accounting for 39% of total imports. The Netherlands, Italy, Poland, Turkey and Austria lagged somewhat behind, together comprising a further 17%.
In terms of the main suppliers, Turkey, with a CAGR of +101.7%, 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
In 2022, the average electrical insulator import price amounted to $X per unit, therefore, remained relatively stable against the previous year. In general, the import price recorded a resilient increase. The pace of growth was the most pronounced in 2017 an increase of 40% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+39.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the electrical insulator market in Ireland. 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 27901230 - Electrical insulators (excluding of glass or ceramics)
- Prodcom 23431030 - Electrical insulators of ceramics (excluding insulating fittings)
- Prodcom 23192500 - Glass electrical insulators (excluding insulating fittings (other than insulators) for electrical machinery, appliances or equipment)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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