Report Update Nov 1, 2024

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

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Southern Asia: Glass Electrical Insulator Market 2024

Glass Electrical Insulator Market Size in Southern Asia

The South Asian glass electrical insulator market rose markedly to $X in 2021, picking up by 12% against the previous year. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Glass Electrical Insulator Production in Southern Asia

In value terms, glass electrical insulator production rose sharply to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of 44%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Glass Electrical Insulator Exports

Exports in Southern Asia

In 2021, the amount of glass electrical insulators exported in Southern Asia rose notably to X units, with an increase of 14% on the previous year. Over the period under review, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by 969% against the previous year. The volume of export peaked at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, glass electrical insulator exports surged to $X in 2021. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 270% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

India (X units) represented roughly 99.9% of total exports in 2021.

India was also the fastest-growing in terms of the glass electrical insulators exports, with a CAGR of +6.6% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

From 2012 to 2021, the average annual rate of growth in terms of value in India amounted to +10.5%.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2021, with an increase of 18% against the previous year. Overall, the export price recorded tangible growth. The pace of growth appeared the most rapid in 2015 an increase of 123% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +3.6% per year.

Glass Electrical Insulator Imports

Imports in Southern Asia

For the third consecutive year, Southern Asia recorded growth in purchases abroad of glass electrical insulators, which increased by 862% to X units in 2021. Over the period under review, imports saw resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass electrical insulator imports surged to $X in 2021. Overall, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Pakistan prevails in imports structure, resulting at X units, which was approx. 89% of total imports in 2021. It was distantly followed by Sri Lanka (X units), making up a 7.9% share of total imports. India (X units) followed a long way behind the leaders.

Pakistan was also the fastest-growing in terms of the glass electrical insulators imports, with a CAGR of +75.8% from 2012 to 2021. Sri Lanka (-2.9%) and India (-26.2%) illustrated a downward trend over the same period. Pakistan (+87 p.p.) significantly strengthened its position in terms of the total imports, while Sri Lanka and India saw its share reduced by -12.1% and -74.3% from 2012 to 2021, respectively.

In value terms, Pakistan ($X) constitutes the largest market for imported glass electrical insulators in Southern Asia, comprising 90% of total imports. The second position in the ranking was taken by Sri Lanka ($X), with a 6.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Pakistan amounted to +63.5%. The remaining importing countries recorded the following average annual rates of imports growth: Sri Lanka (-8.6% per year) and India (-29.8% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per unit, picking up by 2% against the previous year. Over the period under review, the import price, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2015 an increase of 6.5%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-5.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass electrical insulators in Southern Asia?

Afghanistan constituted the country with the largest volume of glass electrical insulator consumption, comprising approx. 64% of total volume. Moreover, glass electrical insulator consumption in Afghanistan exceeded the figures recorded by the second-largest consumer, Bangladesh, fourfold. The third position in this ranking was occupied by Sri Lanka, with a 9.5% share.

What are the largest producers of glass electrical insulators in Southern Asia?

The countries with the highest volumes of in 2021 were Bangladesh and India.

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

The export price in Southern Asia stood at $3 per unit in 2021, with a decrease of -35.7% against the previous year.

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

In 2021, the i in Southern Asia amounted to $2.4 per unit, waning by -2.2% against the previous year.

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

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