Poland: Glass Electrical Insulator Market 2024

Glass Electrical Insulator Market Size in Poland

In 2021, the Polish glass electrical insulator market decreased by -26.1% to $X, falling for the third consecutive year after two years of growth. Overall, consumption showed a abrupt descent. Glass electrical insulator consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Glass Electrical Insulator Production in Poland

In value terms, glass electrical insulator production skyrocketed to $X in 2021 estimated in export price. In general, production, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by 111%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Glass Electrical Insulator Exports

Exports from Poland

Glass electrical insulator exports from Poland surged to X units in 2021, picking up by 59% compared with the previous year. Overall, exports, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2020 with an increase of 3,233% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, glass electrical insulator exports reduced to $X in 2021. In general, exports, however, showed a deep setback. The pace of growth appeared the most rapid in 2020 when exports increased by 1,494% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden (X units) was the main destination for glass electrical insulator exports from Poland, with a 83% share of total exports. Moreover, glass electrical insulator exports to Sweden exceeded the volume sent to the second major destination, Spain (X units), sevenfold. Italy (X units) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume to Sweden totaled +583.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+28,513.3% per year) and Italy (0.0% per year).

In value terms, Sweden ($X) remains the key foreign market for glass electrical insulators exports from Poland, comprising 33% of total exports. The second position in the ranking was held by Spain ($X), with a 4.6% share of total exports. It was followed by Germany, with a 1.8% share.

From 2012 to 2021, the average annual growth rate of value to Sweden stood at +119.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+15,028.6% per year) and Germany (+85.0% per year).

Export Prices by Country

In 2021, the average glass electrical insulator export price amounted to $X per unit, declining by -44.9% against the previous year. In general, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 862% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+17.4%), while the prices for the other major destinations experienced a decline.

Glass Electrical Insulator Imports

Imports into Poland

Glass electrical insulator imports into Poland shrank significantly to X units in 2021, dropping by -55.7% against the previous year's figure. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 1,013% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, glass electrical insulator imports dropped significantly to $X in 2021. In general, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 804% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Ukraine (X units) was the main supplier of glass electrical insulator to Poland, with a 91% share of total imports. Moreover, glass electrical insulator imports from Ukraine exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. The third position in this ranking was held by the Czech Republic (X units), with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Ukraine amounted to +19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+185.1% per year) and the Czech Republic (+54.8% per year).

In value terms, Ukraine ($X) constituted the largest supplier of glass electrical insulators to Poland, comprising 68% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 20% share of total imports. It was followed by China, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Ukraine amounted to +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+57.6% per year) and China (+176.2% per year).

Import Prices by Country

The average glass electrical insulator import price stood at $X per unit in 2021, with an increase of 11% against the previous year. Overall, the import price, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in 2013 when the average import price increased by 60%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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 Czech Republic ($X per unit), while the price for Ukraine ($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 Czech Republic (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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