Switzerland: Ceramic Electrical Insulator Market 2024

Ceramic Electrical Insulator Market Size in Switzerland

The Swiss ceramic electrical insulator market soared to $X in 2022, picking up by 141% against the previous year. Over the period under review, consumption enjoyed prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Ceramic Electrical Insulator Production in Switzerland

In value terms, ceramic electrical insulator production reduced to $X in 2022 estimated in export price. In general, production saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 262% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Ceramic Electrical Insulator Exports

Exports from Switzerland

After ten years of growth, shipments abroad of electrical insulators of ceramics decreased by -92.9% to X units in 2022. Over the period under review, exports faced a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 9.1%. As a result, the exports reached the peak of X units, and then contracted dramatically in the following year.

In value terms, ceramic electrical insulator exports fell notably to $X in 2022. Overall, exports saw a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of 39%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X units), China (X units) and Indonesia (X units) were the main destinations of ceramic electrical insulator exports from Switzerland.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +43.0%), while the other leaders experienced mixed trend patterns.

In value terms, China ($X), Turkey ($X) and Indonesia ($X) constituted the largest markets for ceramic electrical insulator exported from Switzerland worldwide, together comprising 44% of total exports. South Korea, Egypt, Austria, Germany, Hong Kong SAR, Thailand, Croatia, the Czech Republic and Malaysia lagged somewhat behind, together accounting for a further 44%.

Among the main countries of destination, Egypt, with a CAGR of +11.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average ceramic electrical insulator export price amounted to $X per unit, increasing by 141% against the previous year. Over the period under review, the export price showed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Malaysia ($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 Thailand (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.

Ceramic Electrical Insulator Imports

Imports into Switzerland

Ceramic electrical insulator imports into Switzerland surged to X units in 2022, picking up by 197% on 2021. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 859%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, ceramic electrical insulator imports shrank to $X in 2022. Over the period under review, imports, however, recorded a pronounced slump. The pace of growth appeared the most rapid in 2021 when imports increased by 20%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and Turkey (X units) were the main suppliers of ceramic electrical insulator imports to Switzerland, with a combined 42% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +95.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electrical insulators of ceramics to Switzerland, comprising 62% of total imports. The second position in the ranking was held by Turkey ($X), with an 11% share of total imports. It was followed by China, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+78.2% per year) and China (+4.9% per year).

Import Prices by Country

In 2022, the average ceramic electrical insulator import price amounted to $X per unit, waning by -69.4% against the previous year. Overall, the import price faced a dramatic downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 500% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, 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 Austria ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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