Ireland: Glass Electrical Insulator Market 2025

Glass Electrical Insulator Market Size in Ireland

In 2021, the Irish glass electrical insulator market decreased by -82.3% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption recorded a significant decline. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Glass Electrical Insulator Exports

Exports from Ireland

In 2021, approx. X units of glass electrical insulators were exported from Ireland; growing by 624% compared with 2020. Overall, exports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2020 when exports increased by 2,000%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, glass electrical insulator exports surged to $X in 2021. In general, exports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of 9,153%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for glass electrical insulator exports from Ireland, with a 95% share of total exports. Moreover, glass electrical insulator exports to the UK exceeded the volume sent to the second major destination, Slovakia (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the UK amounted to +4.0%.

In value terms, the UK ($X) remains the key foreign market for glass electrical insulators exports from Ireland, comprising 94% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 5.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK totaled +18.4%.

Export Prices by Country

The average glass electrical insulator export price stood at $X per unit in 2021, with a decrease of -32.2% against the previous year. In general, the export price showed a abrupt decline. The growth pace was the most rapid in 2015 an increase of 1,524%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while the average price for exports to the UK amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+13.8%).

Glass Electrical Insulator Imports

Imports into Ireland

In 2021, purchases abroad of glass electrical insulators decreased by -88.5% to X units, falling for the second year in a row after two years of growth. Overall, imports recorded a sharp slump. The pace of growth appeared the most rapid in 2019 when imports increased by 316%. Imports peaked at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, glass electrical insulator imports fell dramatically to $X in 2021. Over the period under review, imports saw a abrupt downturn. The growth pace was the most rapid in 2019 with an increase of 229%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the UK (X units) constituted the largest glass electrical insulator supplier to Ireland, accounting for a 61% share of total imports. Moreover, glass electrical insulator imports from the UK exceeded the figures recorded by the second-largest supplier, France (X units), threefold. Germany (X units) ranked third in terms of total imports with a 9.2% share.

From 2012 to 2021, the average annual growth rate of volume from the UK stood at -27.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-0.0% per year) and Germany (-57.1% per year).

In value terms, the largest glass electrical insulator suppliers to Ireland were the United States ($X), France ($X) and the UK ($X), together accounting for 18% of total imports. These countries were followed by Germany and Slovakia, which together accounted for a further 0.4%.

In terms of the main suppliers, Slovakia, with a CAGR of +32.1%, 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 2021, the average glass electrical insulator import price amounted to $X per unit, picking up by 312% against the previous year. Over the period under review, the import price showed significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+18.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :