Malta: Electrical Insulating Fittings Market 2020

Electrical Insulating Fittings Market Size in Malta

The revenue of the electrical insulating fittings market in Malta amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, electrical insulating fittings consumption, however, continues to indicate a drastic setback. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Malta electrical insulating fittings consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Electrical Insulating Fittings Production in Malta

In value terms, electrical insulating fittings production stood at $X in 2018 estimated in export prices. Overall, electrical insulating fittings production continues to indicate a slight expansion. The growth pace was the most rapid in 2018 when production volume increased by X% against the previous year. In that year, electrical insulating fittings production attained its peak level and is likely to continue its growth in the immediate term.

Electrical Insulating Fittings Exports

Exports from Malta

Electrical insulating fittings exports from Malta amounted to X tons in 2018, going up by X% against the previous year. In general, electrical insulating fittings exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Malta exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, electrical insulating fittings exports totaled $X in 2018. Over the period under review, electrical insulating fittings exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2017 when exports increased by X% year-to-year. Over the period under review, electrical insulating fittings exports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

In 2018, Germany (X tons), distantly followed by China (X tons), Hungary (X tons), the Czech Republic (X tons), Japan (X tons), the U.S. (X tons) and Austria (X tons) represented the largest exporters of electrical insulating fittings of plastics, together mixing up X% of total exports. South Korea (X tons), France (X tons), the Netherlands (X tons), Italy (X tons) and Poland (X tons) held a relatively small share of total exports.

Exports from Germany increased at an average annual rate of +X% from 2007 to 2018. At the same time, the Netherlands (+X%), Poland (+X%), the Czech Republic (+X%), the U.S. (+X%), Hungary (+X%), China (+X%), Italy (+X%), South Korea (+X%), Austria (+X%) and France (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Japan experienced a relatively flat trend pattern. From 2007 to 2018, the share of Germany, the Czech Republic, China, Hungary, the U.S., the Netherlands and Poland increased by +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest electrical insulating fittings supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by the Czech Republic, with a X% share.

In Germany, electrical insulating fittings exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Japan (+X% per year) and the Czech Republic (+X% per year).

Export Prices by Country

The electrical insulating fittings export price in Malta stood at $X per ton in 2018, going down by -X% against the previous year. Overall, the electrical insulating fittings export price continues to indicate an abrupt descent. The growth pace was the most rapid in 2015 when the export price increased by X% year-to-year. Over the period under review, the export prices for electrical insulating fittings of plastics attained their maximum at $X per ton in 2009; however, from 2010 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Japan ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Electrical Insulating Fittings Imports

Imports into Malta

Electrical insulating fittings imports into Malta totaled X tons in 2018, reducing by -X% against the previous year. Overall, electrical insulating fittings imports, however, continue to indicate measured growth. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. In that year, electrical insulating fittings imports attained their peak of X tons, and then declined slightly in the following year.

In value terms, electrical insulating fittings imports stood at $X in 2018. Over the period under review, electrical insulating fittings imports, however, continue to indicate measured growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Malta imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

The countries with the highest levels of electrical insulating fittings imports in 2018 were Germany (X tons), the Czech Republic (X tons), China (X tons), Romania (X tons), Mexico (X tons), Hungary (X tons) and Morocco (X tons), together amounting to X% of total import. The following importers - Tunisia (X tons), Ukraine (X tons), Vietnam (X tons), Poland (X tons) and Italy (X tons) - each reached a X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Morocco, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), the Czech Republic ($X) and Romania ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by Germany, Morocco, Hungary, Ukraine, Tunisia, Mexico, Vietnam, Poland, Italy and Malta, which together accounted for a further X recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the electrical insulating fittings import price in Malta amounted to $X per ton, rising by X% against the previous year. In general, the electrical insulating fittings import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the import price increased by X% year-to-year. Malta import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Vietnam, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform