Report Update: May 1, 2024

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

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Ceramic Insulating Fittings Price in Serbia - 2023

Ceramic Insulating Fittings Price in Serbia (FOB) - 2022

The average ceramic insulating fittings export price stood at $0.4 per unit in 2022, surging by 29% against the previous year. Overall, the export price posted a strong increase. The growth pace was the most rapid in 2014 when the average export price increased by 134% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1 per unit), while the average price for exports to Bosnia and Herzegovina ($0.1 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 Russia (+69.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Insulating Fittings Price in Serbia (CIF) - 2022

In 2022, the average ceramic insulating fittings import price amounted to $0.2 per unit, surging by 90% against the previous year. Overall, the import price posted notable growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 98%. The import price peaked at $0.5 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 ($1.1 per unit), while the price for Slovenia ($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 Romania (+19.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Ceramic Insulating Fittings Exports in Serbia

Ceramic insulating fittings exports from Serbia soared to 764K units in 2022, rising by 16% against the previous year's figure. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, ceramic insulating fittings exports surged to $278K in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 75% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Ceramic Insulating Fittings in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	11.5	19.4	69.3	104	108.3%
Russia	N/A	N/A	N/A	82.0	0%
France	68.8	82.8	108	77.1	3.9%
Others	2.5	3.9	8.4	14.7	80.5%
Total	82.8	106	185	278	49.7%

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

France (401.0K units)
Russia (245.1K units)
Germany (102.9K units)

Ceramic Insulating Fittings Imports in Serbia

In 2022, supplies from abroad of insulating fittings for electrical purposes of ceramics decreased by -35.1% to 938K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. As a result, imports reached the peak of 1.4M units, and then declined rapidly in the following year.

In value terms, ceramic insulating fittings imports skyrocketed to $209K in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 31% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Ceramic Insulating Fittings in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	30.1	47.9	29.4	66.7	30.4%
Austria	28.1	13.9	30.3	41.3	13.7%
France	3.2	7.0	0.5	24.7	97.6%
Slovenia	23.7	29.6	30.7	24.2	0.7%
Germany	8.7	15.5	10.4	23.7	39.7%
Romania	1.2	N/A	N/A	7.7	85.8%
Spain	N/A	N/A	45.9	7.3	-84.1%
Italy	5.1	6.2	9.1	5.7	3.8%
Poland	9.2	3.6	6.6	0.3	-68.1%
Others	2.1	5.7	7.3	7.8	54.9%
Total	111	130	170	209	23.5%

Top Suppliers of Ceramic Insulating Fittings to Serbia in 2022:

Slovenia (447.6K units)
France (150.9K units)
China (121.8K units)
Spain (60.4K units)
Germany (43.9K units)
Romania (40.3K units)
Austria (38.7K units)
Italy (13.5K units)
Poland (1.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ceramic insulating fittings market in Serbia. 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:

Serbia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Serbia
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