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Report World - Electrical Insulators - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Electrical Insulators - Market Analysis, Forecast, Size, Trends and Insights

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Global Electrical Insulator Market 2024

Electrical Insulator Market Size

The global electrical insulator market rose to $X in 2022, growing by 3.1% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Global consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Electrical Insulator Production

In value terms, electrical insulator production stood at $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 34% against the previous year. Over the period under review, global production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Electrical Insulator Exports

Exports

In 2022, the amount of electrical insulators exported worldwide amounted to X units, increasing by 13% on the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 34% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the global exports remained at a somewhat lower figure.

In value terms, electrical insulator exports rose sharply to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 5.9% against the previous year. The global exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China was the key exporting country with an export of around X units, which accounted for 42% of total exports. Italy (X units) took the second position in the ranking, distantly followed by the United States (X units), Spain (X units) and Ukraine (X units). All these countries together held approx. 52% share of total exports. Canada (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the United States (with a CAGR of +20.6%), while the other global leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest electrical insulator supplier worldwide, comprising 26% of global exports. The second position in the ranking was held by the United States ($X), with an 11% share of global exports. It was followed by Italy, with a 7.6% share.

In China, electrical insulator exports increased at an average annual rate of +1.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (+1.7% per year) and Italy (+0.0% per year).

Export Prices by Country

The average electrical insulator export price stood at $X per unit in 2022, dropping by -6.9% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 17% against the previous year. The global export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+9.3%), while the other global leaders experienced mixed trends in the export price figures.

Electrical Insulator Imports

Imports

In 2022, the amount of electrical insulators imported worldwide expanded significantly to X units, picking up by 7.4% compared with the previous year's figure. Over the period under review, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 when imports increased by 28%. Global imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, electrical insulator imports dropped to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 6.7% against the previous year. Global imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States prevails in imports structure, recording X units, which was approx. 65% of total imports in 2022. The following importers - Brazil (X units), Canada (X units), Italy (X units), Russia (X units) and Kazakhstan (X units) - together made up 14% of total imports.

The United States was also the fastest-growing in terms of the electrical insulators imports, with a CAGR of +30.1% from 2012 to 2022. At the same time, Italy (+24.7%), Brazil (+10.8%) and Canada (+3.7%) displayed positive paces of growth. Kazakhstan experienced a relatively flat trend pattern. By contrast, Russia (-1.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States and Italy increased by +53 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported electrical insulators worldwide, comprising 18% of global imports. The second position in the ranking was taken by Canada ($X), with a 4.2% share of global imports. It was followed by Italy, with a 4.2% share.

In the United States, electrical insulator imports increased at an average annual rate of +2.8% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Canada (+1.2% per year) and Italy (+4.3% per year).

Import Prices by Country

In 2022, the average electrical insulator import price amounted to $X per unit, dropping by -10.1% against the previous year. In general, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 15% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-2.5%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest electrical insulator consuming country worldwide, comprising approx. 32% of total volume. Moreover, electrical insulator consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with a 7.1% share.
China constituted the country with the largest volume of electrical insulator production, accounting for 46% of total volume. Moreover, electrical insulator production in China exceeded the figures recorded by the second-largest producer, India, sixfold. The United States ranked third in terms of total production with a 5.9% share.
In value terms, China remains the largest electrical insulator supplier worldwide, comprising 22% of global exports. The second position in the ranking was occupied by Germany, with a 9.4% share of global exports. It was followed by the United States, with a 9.2% share.
In value terms, the United States constitutes the largest market for imported electrical insulators worldwide, comprising 14% of global imports. The second position in the ranking was occupied by Germany, with a 5.3% share of global imports. It was followed by Mexico, with a 4.6% share.
The average electrical insulator export price stood at $6.5 per unit in 2021, picking up by 12% against the previous year.
In 2021, the average electrical insulator import price amounted to $6.3 per unit, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the global electrical insulator market. 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 27901230 - Electrical insulators (excluding of glass or ceramics)
  • Prodcom 23431030 - Electrical insulators of ceramics (excluding insulating fittings)
  • Prodcom 23192500 - Glass electrical insulators (excluding insulating fittings (other than insulators) for electrical machinery, appliances or equipment)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL 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. 9. GLOBAL 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. 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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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

  13. 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

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