Philippines - Electrical Insulators Of Ceramics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCeramic Electrical Insulator Price in the Philippines - 2023
Contents:
- Ceramic Electrical Insulator Price in the Philippines (CIF) - 2023
- Ceramic Electrical Insulator Price in the Philippines (FOB) - 2022
- Ceramic Electrical Insulator Imports in the Philippines
- Ceramic Electrical Insulator Exports in the Philippines
Ceramic Electrical Insulator Price in the Philippines (CIF) - 2023
In July 2023, the average ceramic electrical insulator import price amounted to $1.1 per unit, surging by 5.4% against the previous month. Over the period under review, the import price, however, showed a slight descent. The growth pace was the most rapid in October 2022 when the average import price increased by 114% against the previous month. Over the period under review, average import prices reached the peak figure at $2.1 per unit in August 2022; however, from September 2022 to July 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From July 2022 to July 2023, the rate of growth in terms of prices for China amounted to +4.3% per month.
Ceramic Electrical Insulator Price in the Philippines (FOB) - 2022
In 2022, the average ceramic electrical insulator export price amounted to $208 per unit, jumping by 142% against the previous year. In general, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($59 per unit), while the average price for exports to Thailand amounted to $8.6 per unit.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+16.4%).
Ceramic Electrical Insulator Imports in the Philippines
In 2022, the amount of electrical insulators of ceramics imported into the Philippines skyrocketed to 4.8M units, increasing by 240% on 2021 figures. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 285% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, ceramic electrical insulator imports stood at $21M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. As a result, imports reached the peak of $29M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Ceramic Electrical Insulator in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.8 | 22.5 | 11.9 | 11.5 | 2.1% |
| Thailand | N/A | 1.3 | 2.5 | 1.9 | 20.9% |
| United States | 1.4 | 1.1 | 1.2 | 1.0 | -10.6% |
| Others | 5.4 | 4.4 | 4.9 | 7.0 | 9.0% |
| Total | 17.6 | 29.3 | 20.6 | 21.4 | 6.7% |
Top Suppliers of Ceramic Electrical Insulator to the Philippines in 2022:
- China (9.6M units)
- United States (0.2M units)
- Thailand (0.2M units)
Ceramic Electrical Insulator Exports in the Philippines
In 2022, ceramic electrical insulator exports from the Philippines skyrocketed to 8.7K units, jumping by 4,684% compared with the previous year. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ceramic electrical insulator exports surged to $1.8M in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ceramic Electrical Insulator in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 10.6 | 4.8 | 13.9 | 907 | 340.7% |
| Thailand | 32.4 | 2.5 | 1.5 | 890 | 201.7% |
| Others | 30.9 | 18.7 | 0.1 | 4.0 | -49.4% |
| Total | 73.9 | 26.0 | 15.5 | 1,801 | 189.9% |
Top Export Markets for Ceramic Electrical Insulator from the Philippines in 2022:
- Thailand (103.6K units)
- Vietnam (15.4K units)
This report provides an in-depth analysis of the ceramic electrical insulator market in the Philippines. 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 23431030 - Electrical insulators of ceramics (excluding insulating fittings)
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the ceramic electrical insulator market in the Philippines.
556
This report provides an in-depth analysis of the electrical insulator market in the Philippines.
341
This report provides an in-depth analysis of the glass electrical insulator market in the Philippines.
595
This report provides an in-depth analysis of the global ceramic electrical insulator market.
973
This report provides an in-depth analysis of the global electrical insulator market.
559
This report provides an in-depth analysis of the global glass electrical insulator market.
345
This report provides an in-depth analysis of the ceramic electrical insulator market in the Philippines.
556
This report provides an in-depth analysis of the electrical insulator market in the Philippines.
341
This report provides an in-depth analysis of the glass electrical insulator market in the Philippines.
595
This report provides an in-depth analysis of the global ceramic electrical insulator market.
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