Report Update: May 1, 2024

India - Insulating Fittings For Electrical Purposes Of Ceramics - Market Analysis, Forecast, Size, Trends And Insights

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Ceramic Insulating Fittings Price in India - 2023

Ceramic Insulating Fittings Price in India (CIF) - 2022

In 2022, the average ceramic insulating fittings import price amounted to $0.2 per unit, declining by -23.8% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the average import price increased by 38%. The import price peaked at $0.3 per unit in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1.8 per unit), while the price for Austria (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Ceramic Insulating Fittings Price in India (FOB) - 2022

The average ceramic insulating fittings export price stood at $51 per thousand units in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, showed a noticeable decline. The growth pace was the most rapid in 2019 an increase of 76% against the previous year. The export price peaked at $77 per thousand units in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($289 per thousand units), while the average price for exports to Turkey ($16 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Insulating Fittings Imports in India

In 2022, after two years of decline, there was significant growth in overseas purchases of insulating fittings for electrical purposes of ceramics, when their volume increased by 58% to 32M units. In general, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +2.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ceramic insulating fittings imports soared to $7.9M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 30% against the previous year. As a result, imports attained the peak of $8.7M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Ceramic Insulating Fittings in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1.9	3.6	3.3	3.4	21.4%
United States	0.9	0.6	0.8	1.6	21.1%
China	2.0	3.2	0.9	1.4	-11.2%
Vietnam	0.1	N/A	0.5	0.6	81.7%
South Korea	0.4	0.9	0.2	0.3	-9.1%
Austria	0.1	N/A	0.1	0.1	0.0%
Others	1.2	0.4	0.7	0.5	-25.3%
Total	6.7	8.7	6.6	7.9	5.6%

Top Suppliers of Ceramic Insulating Fittings to India in 2022:

China (16.5M units)
Austria (4.8M units)
United States (4.3M units)
Vietnam (2.7M units)
Germany (1.9M units)
South Korea (0.7M units)

Ceramic Insulating Fittings Exports in India

In 2022, after three years of growth, there was significant decline in overseas shipments of insulating fittings for electrical purposes of ceramics, when their volume decreased by -5.3% to 15M units. In general, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 75% against the previous year. As a result, the exports reached the peak of 16M units, and then contracted in the following year.

In value terms, ceramic insulating fittings exports contracted to $762K in 2022. The total export value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, the exports reached the peak of $797K, and then contracted in the following year.

Export of Ceramic Insulating Fittings in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bangladesh	139	57.8	132	297	28.8%
Romania	64.4	79.5	51.7	174	39.3%
Turkey	0.2	35.1	151	74.0	617.9%
United Arab Emirates	65.3	21.6	24.3	24.2	-28.2%
Nepal	13.5	29.9	7.8	23.5	20.3%
Malaysia	10.3	N/A	15.8	19.2	23.1%
Nigeria	19.8	8.5	5.5	16.9	-5.1%
Germany	76.3	70.9	81.2	14.9	-42.0%
Tanzania	N/A	N/A	133	3.3	-97.5%
Myanmar	N/A	56.3	N/A	N/A	0%
Others	239	274	194	115	-21.6%
Total	627	634	797	762	6.7%

Top Export Markets for Ceramic Insulating Fittings from India in 2022:

Bangladesh (5.2M units)
Turkey (4.5M units)
Romania (2.2M units)
Nepal (0.6M units)
Malaysia (0.5M units)
Nigeria (0.5M units)
United Arab Emirates (0.4M units)
Germany (0.1M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ceramic insulating fittings market in India. 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 23431050 - Insulating fittings for electrical purposes, of ceramics

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023