Report Update Nov 1, 2024

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

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Ireland: Glass Electrical Insulator Market 2024

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) :

What are the largest markets for glass electrical insulators in the world?

The countries with the highest volumes of in 2021 were Brazil, Algeria and Italy, together accounting for 39% of global consumption. These countries were followed by Indonesia, the United States, Vietnam, Canada, Malaysia, Turkey, China, Iraq, France and Portugal, which together accounted for a further 31%.

What are the largest producers of glass electrical insulators in the world?

The countries with the highest volumes of in 2021 were China, Italy and Spain, together accounting for 77% of global production. These countries were followed by Russia and Ukraine, which together accounted for a further 21%.

What are the leading suppliers of glass electrical insulators to Ireland?

In value terms, Spain constituted the largest supplier of glass electrical insulator to Ireland, comprising 81% of total imports. The second position in the ranking was occupied by France, with a 4.9% share of total imports. It was followed by the UK, with a 4.1% share.

What are the leading importers of glass electrical insulators from Ireland?

In value terms, the UK remains the key foreign market for glass electrical insulator exports from Ireland, comprising 79% of total exports. The second position in the ranking was occupied by the Netherlands, with a 21% share of total exports.

What is the average export price for glass electrical insulators in Ireland?

The average glass electrical insulator export price stood at $24 per unit in 2021, reducing by -20.9% against the previous year.

What is the average import price for glass electrical insulators in Ireland?

In 2021, the average glass electrical insulator import price amounted to $8.1 per unit, which is down by -7.3% against the previous year.

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

Country coverage:

Ireland

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.

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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023