South Africa: Electrical Insulator Market 2025

Electrical Insulator Market Size in South Africa

The South African electrical insulator market was finally on the rise to reach $X in 2022, after two years of decline. Overall, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Electrical insulator consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Electrical Insulator Production in South Africa

In value terms, electrical insulator production declined to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 149%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Electrical Insulator Exports

Exports from South Africa

In 2022, exports of electrical insulators from South Africa declined remarkably to X units, dropping by -16% on the previous year. Over the period under review, exports, however, saw a noticeable increase. The growth pace was the most rapid in 2017 with an increase of 137% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, electrical insulator exports fell modestly to $X in 2022. Overall, exports saw a pronounced shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 67% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X units), the United States (X units) and Poland (X units) were the main destinations of electrical insulator exports from South Africa, together comprising 45% of total exports. Namibia, Botswana, Zambia, Zimbabwe, Swaziland, Germany, the United Arab Emirates, Mozambique, Democratic Republic of the Congo and Sweden lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +75.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electrical insulator exported from South Africa were Australia ($X), the United States ($X) and Poland ($X), together comprising 51% of total exports. Democratic Republic of the Congo, Mozambique, Zambia, Namibia, the United Arab Emirates, Germany, Botswana, Zimbabwe, Sweden and Swaziland lagged somewhat behind, together accounting for a further 39%.

Among the main countries of destination, Sweden, with a CAGR of +55.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electrical insulator export price stood at $X per unit in 2022, rising by 15% against the previous year. In general, the export price, however, recorded a abrupt decrease. The growth pace was the most rapid in 2018 an increase of 28% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 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 Democratic Republic of the Congo ($X per unit), while the average price for exports to Namibia ($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 Democratic Republic of the Congo (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Electrical Insulator Imports

Imports into South Africa

In 2022, overseas purchases of electrical insulators were finally on the rise to reach X units after three years of decline. In general, imports, however, recorded a deep contraction. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, electrical insulator imports soared to $X in 2022. Over the period under review, imports, however, recorded a abrupt setback. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main supplier of electrical insulator to South Africa, accounting for a 95% share of total imports. It was followed by Switzerland (X units), with a 0.4% share of total imports. Sweden (X units) ranked third in terms of total imports with a 0.4% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-27.1% per year) and Sweden (-26.9% per year).

In value terms, China ($X) constituted the largest supplier of electrical insulators to South Africa, comprising 56% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 3.3% share of total imports. It was followed by Sweden, with a 2.7% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-20.1% per year) and Sweden (-10.8% per year).

Import Prices by Country

In 2022, the average electrical insulator import price amounted to $X per unit, waning by -2.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 28%. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+45.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :