Report Update Nov 1, 2024

Southern Asia - Electrical Insulating Fittings of Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Electrical Insulating Fittings Market 2024

Electrical Insulating Fittings Market Size in Southern Asia

The South Asian electrical insulating fittings market contracted modestly to $X in 2022, which is down by -2.2% against the previous year. Overall, consumption, however, enjoyed a resilient increase. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2022.

Electrical Insulating Fittings Production in Southern Asia

In value terms, electrical insulating fittings production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by 53%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Electrical Insulating Fittings Exports

Exports in Southern Asia

Electrical insulating fittings exports surged to X tons in 2022, growing by 16% on the previous year's figure. Over the period under review, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 59%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, electrical insulating fittings exports skyrocketed to $X in 2022. In general, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the one major exporters of electrical insulating fittings of plastics, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the electrical insulating fittings of plastics exports, with a CAGR of +5.3% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest electrical insulating fittings supplier in Southern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to +7.3%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, with an increase of 3.6% against the previous year. Export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electrical insulating fittings export price increased by +55.3% against 2019 indices. The growth pace was the most rapid in 2021 when the export price increased by 40%. The level of export peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.9% per year.

Electrical Insulating Fittings Imports

Imports in Southern Asia

In 2022, the amount of electrical insulating fittings of plastics imported in Southern Asia skyrocketed to X tons, picking up by 20% compared with the previous year. Over the period under review, imports recorded buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 82%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, electrical insulating fittings imports dropped to $X in 2022. In general, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, India (X tons) represented the main importer of electrical insulating fittings of plastics in Southern Asia, comprising 98% of total import.

India was also the fastest-growing in terms of the electrical insulating fittings of plastics imports, with a CAGR of +5.7% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported electrical insulating fittings of plastics in Southern Asia.

In India, electrical insulating fittings imports increased at an average annual rate of +7.3% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, which is down by -22.8% against the previous year. Import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electrical insulating fittings import price decreased by -38.5% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 39%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical insulating fittings of plastics in Southern Asia?

India constituted the country with the largest volume of electrical insulating fittings consumption, accounting for 100% of total volume.

What are the largest producers of electrical insulating fittings of plastics in Southern Asia?

India constituted the country with the largest volume of electrical insulating fittings production, accounting for 100% of total volume.

What are the leading exporters of electrical insulating fittings of plastics in Southern Asia?

In value terms, India remains the largest electrical insulating fittings supplier in Southern Asia.

What are the leading importers of electrical insulating fittings of plastics in Southern Asia?

In value terms, India constitutes the largest market for imported electrical insulating fittings of plastics in Southern Asia.

What is the average export price for electrical insulating fittings of plastics in Southern Asia?

The export price in Southern Asia stood at $8,484 per ton in 2021, declining by -11.2% against the previous year.

What is the average import price for electrical insulating fittings of plastics in Southern Asia?

The import price in Southern Asia stood at $20,244 per ton in 2021, which is down by -5.8% against the previous year.

This report provides an in-depth analysis of the electrical insulating fittings market in Southern Asia. 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 27331430 - Insulating fittings of plastic, for electrical machines, a ppliances or equipment (excluding electrical insulators)

Country coverage:

Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Southern Asia, split by region and country
Trade (exports and imports) in Southern Asia
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023