Electrical Insulating Fittings Market
Electrical insulating fittings market: read the most recent data powered by an Ai-driven market research platform. Information include consumption, market size, exports, production, imports, companies, market prices, and trade. Here is a breakdown by region, including Russia, the Middle East, the U.S., the U.K., EU, China, Latin America, and Africa. Market insights and forecast to 2030 are also featured in the dashboards.
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Electrical Insulating Fittings - World's Largest Markets
Rating | Country |
---|---|
1 | United States |
2 | China |
3 | Japan |
4 | Germany |
5 | India |
In value terms, the largest electrical insulating fittings markets worldwide were the United States, China and Japan, with a combined 43% share of the global market. Germany, India, Mexico, Brazil, Romania, Turkey, Ukraine, Italy, France and Egypt lagged somewhat behind, together accounting for a further 28%.
Turkey recorded the highest growth rate of market size, among the main consuming countries over the period under review, while electrical insulating fittings market for the other global leaders experienced more modest paces of growth.
Electrical Insulating Fittings Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Netherlands | 10092 | 8092 | 7278 | -15.1% |
Poland | 11810 | 11091 | 11868 | 0.2% |
Italy | 13461 | 15213 | 14964 | 5.4% |
China | 19260 | 14586 | 15097 | -11.5% |
Austria | 17640 | 16465 | 16492 | -3.3% |
Hungary | 19765 | 18248 | 17832 | -5.0% |
Belgium | 20947 | 20419 | 19634 | -3.2% |
Thailand | 18190 | 22440 | 20183 | 5.3% |
Czech Republic | 20611 | 21162 | 20720 | 0.3% |
South Korea | 20184 | 21629 | 20861 | 1.7% |
France | 26007 | 23177 | 23007 | -5.9% |
Germany | 31074 | 30217 | 31252 | 0.3% |
Japan | 33586 | 29203 | 36246 | 3.9% |
Average | 23604 | 22309 | 22402 | -2.6% |
Prices varied noticeably by the country of origin; the country with the highest price was Japan ($36,246 per ton), while the Netherlands ($7,278 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Mexico | 36387 | 37427 | 34636 | -2.4% |
China | 33578 | 33886 | 34597 | 1.5% |
Ukraine | 27445 | 26320 | 29006 | 2.8% |
Germany | 25254 | 24558 | 25110 | -0.3% |
India | 24397 | 22563 | 24412 | 0.0% |
Tunisia | 23315 | 22623 | 24153 | 1.8% |
Romania | 23725 | 23276 | 23081 | -1.4% |
Serbia | 24908 | 22852 | 22622 | -4.7% |
Morocco | 25418 | 23085 | 20245 | -10.8% |
Hungary | 17459 | 18542 | 18596 | 3.2% |
Czech Republic | 19637 | 18227 | 17752 | -4.9% |
Poland | 17226 | 15372 | 14603 | -7.9% |
Belgium | 14442 | 13900 | 12974 | -5.2% |
Average | 23421 | 22779 | 22720 | -1.5% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Mexico ($34,636 per ton), while Belgium ($12,974 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Hungary, while the other global leaders experienced more modest paces of growth.
Electrical Insulating Fittings - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Germany | 0.7 | 0.6 | 0.5 | -16.4% |
China | 0.5 | 0.4 | 0.4 | -3.3% |
Czech Republic | 0.3 | 0.3 | 0.3 | -2.3% |
Romania | 0.3 | 0.2 | 0.2 | -15.7% |
Hungary | 0.2 | 0.2 | 0.2 | -5.6% |
In value terms, the largest electrical insulating fittings importing markets worldwide were Germany ($497M), China ($442M) and the Czech Republic ($307M), together comprising 33% of global imports. These countries were followed by Romania, Hungary, Ukraine, Mexico, India, Poland, Tunisia, Serbia, Belgium and Morocco, which together accounted for a further 33%.
In terms of the main importing countries, India saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Electrical Insulating Fittings - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Germany | 1.5 | 1.3 | 1.1 | -14.4% |
Japan | 0.6 | 0.4 | 0.5 | -3.9% |
Czech Republic | 0.2 | 0.2 | 0.5 | 73.1% |
Hungary | 0.4 | 0.3 | 0.3 | -12.5% |
Belgium | 0.07 | 0.07 | 0.2 | 61.6% |
In value terms, Germany ($1.1B) remains the largest electrical insulating fittings supplier worldwide, comprising 27% of global exports. The second position in the ranking was occupied by Japan ($520M), with a 13% share of global exports. It was followed by the Czech Republic, with a 12% share.
In Germany, electrical insulating fittings exports shrank by an average annual rate of -14.4% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Japan (-3.9% per year) and the Czech Republic (+73.1% per year).
Electrical Insulating Fittings - Market Forecast
Driven by rising demand for electrical insulating fittings worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Electrical Insulating Fittings - Top Companies
Plastimoldes SA, HYDROSCAND LTD., BOLLORE, Newell Brands Inc., Illinois Tool Works Inc., Amcor Flexibles Kreuzlingen AG, Amcor Flexibles Rorschach AG, Jarden Corporation, TOYODA GOSEI CO., LTD., IRAN KHODRO ENGINEERING DESINGN AND SUPPLING AUTOMOTIVE PARTS, Berry Global Group, Inc., Denali Incorporated, International Automotive Components Group North America, Inc., MWV International Sàrl, Jingmen Zhongsu Plastic Industry Co., Ltd., Liupanshui Baichuan Plastic-steel Doors And Windows Guard Rail Co., Ltd., Nypro Inc., Berry Global, Inc., DAICEL CORPORATION, ContiTech AG
Electrical Insulating Fittings - Product Coverage
- HS 854720 - Insulating fittings; of plastics, for electrical machines, of insulating material only (except minor assembly parts), excluding those of heading no. 8546
This report provides an in-depth analysis of the global electrical insulating fittings market.
This report provides an in-depth analysis of the electrical insulating fittings market in Latin America and the Caribbean.
This report provides an in-depth analysis of the electrical insulating fittings market in Australia and Oceania.
This report provides an in-depth analysis of the electrical insulating fittings market in Eastern Asia.
This report provides an in-depth analysis of the electrical insulating fittings market in South-Eastern Asia.
This report provides an in-depth analysis of the electrical insulating fittings market in Southern Asia.
This report provides an in-depth analysis of the electrical insulating fittings market in the Middle East.
This report provides an in-depth analysis of the electrical insulating fittings market in Africa.
This report provides an in-depth analysis of the electrical insulating fittings market in Central Asia.
This report provides an in-depth analysis of the electrical insulating fittings market in Northern America.