Report Update: Apr 1, 2024

Brazil - Electrical Insulating Fittings Of Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Electrical Insulating Fittings Price in Brazil - 2023

Electrical Insulating Fittings Price in Brazil (CIF) - 2023

The average electrical insulating fittings import price stood at $20,896 per ton in October 2023, increasing by 8% against the previous month. Overall, import price indicated a notable expansion from October 2022 to October 2023: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, electrical insulating fittings import price increased by +81.2% against June 2023 indices. The most prominent rate of growth was recorded in September 2023 an increase of 60% month-to-month. Over the period under review, average import prices attained the peak figure at $22,135 per ton in February 2023; however, from March 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($75,725 per ton), while the price for China ($10,183 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by India (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Electrical Insulating Fittings Price in Brazil (FOB) - 2023

The average electrical insulating fittings export price stood at $14,055 per ton in October 2023, with a decrease of -17.9% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 48% m-o-m. As a result, the export price attained the peak level of $25,516 per ton. From June 2023 to October 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Argentina ($57,584 per ton), while the average price for exports to Colombia ($4,846 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Insulating Fittings Imports in Brazil

In 2022, electrical insulating fittings imports into Brazil fell to 1.2K tons, with a decrease of -12.1% on the previous year. Over the period under review, imports faced a deep slump. The smallest decline of -5% was in 2021.

In value terms, electrical insulating fittings imports fell sharply to $23M in 2022. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year.

Import of Electrical Insulating Fittings in Brazil (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	6.5	8.2	8.9	8.2	8.1%
United States	3.3	2.2	2.5	2.0	-15.4%
South Korea	3.5	1.6	1.7	1.9	-18.4%
Japan	1.7	1.8	2.6	1.9	3.8%
Germany	2.4	2.0	2.9	1.8	-9.1%
Mexico	2.8	1.5	1.6	1.5	-18.8%
Italy	2.4	1.3	1.2	0.9	-27.9%
India	0.3	0.2	0.3	0.6	26.0%
France	0.5	0.5	0.7	0.5	0.0%
Morocco	0.2	0.4	0.9	0.5	35.7%
Hungary	2.3	1.1	1.2	0.5	-39.9%
Indonesia	0.2	0.3	0.4	0.4	26.0%
Czech Republic	1.0	0.3	0.5	0.3	-33.1%
Others	4.4	2.5	2.8	2.3	-19.4%
Total	31.6	23.9	28.0	23.2	-9.8%

Top Suppliers of Electrical Insulating Fittings to Brazil in 2022:

China (585.8 tons)
South Korea (125.1 tons)
Germany (71.2 tons)
Japan (45.7 tons)
France (39.7 tons)
Italy (39.6 tons)
United States (38.5 tons)
India (34.5 tons)
Mexico (28.1 tons)
Morocco (27.9 tons)
Indonesia (21.1 tons)
Hungary (20.0 tons)
Czech Republic (18.6 tons)

Electrical Insulating Fittings Exports in Brazil

For the third year in a row, Brazil recorded decline in shipments abroad of electrical insulating fittings of plastics, which decreased by -14.8% to 346 tons in 2022. In general, exports continue to indicate a deep setback. The smallest decline of -7% was in 2020.

In value terms, electrical insulating fittings exports fell sharply to $6M in 2022. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 13% against the previous year. As a result, the exports reached the peak of $8.7M, and then dropped dramatically in the following year.

Export of Electrical Insulating Fittings in Brazil (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Uruguay	76.5	2,492	2,931	2,182	205.5%
Liberia	N/A	N/A	N/A	1,076	0%
United States	2,256	1,098	3,237	611	-35.3%
Colombia	309	220	264	396	8.6%
Argentina	265	280	439	312	5.6%
Paraguay	962	1,324	589	300	-32.2%
Chile	158	227	148	212	10.3%
Bolivia	67.5	19.9	44.4	139	27.2%
Czech Republic	7.2	497	225	98.2	138.9%
China	750	509	182	84.1	-51.8%
Egypt	78.6	76.7	73.6	69.2	-4.2%
Japan	43.1	31.2	43.3	33.4	-8.1%
Germany	1,436	225	6.1	15.8	-77.8%
Others	1,316	736	523	449	-30.1%
Total	7,725	7,736	8,705	5,976	-8.2%

Top Export Markets for Electrical Insulating Fittings from Brazil in 2022:

Colombia (94.1 tons)
Liberia (72.6 tons)
Uruguay (60.8 tons)
United States (21.5 tons)
Argentina (16.4 tons)
Bolivia (13.8 tons)
Egypt (9.5 tons)
Paraguay (9.5 tons)
Chile (9.0 tons)
Czech Republic (6.7 tons)
Japan (5.8 tons)
China (4.3 tons)
Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electrical insulating fittings market in Brazil. 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 27331430 - Insulating fittings of plastic, for electrical machines, a ppliances or equipment (excluding electrical insulators)

Country coverage:

Brazil

Data coverage:

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