Report Update: Apr 1, 2024

Brazil - Electrical Insulators - Market Analysis, Forecast, Size, Trends And Insights

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Electrical Insulator Price in Brazil - 2023

Electrical Insulator Price in Brazil (CIF) - 2023

In October 2023, the average electrical insulator import price amounted to $609 per thousand units, growing by 7.4% against the previous month. In general, the import price continues to indicate perceptible growth. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 116% m-o-m. Over the period under review, average import prices reached the maximum at $831 per thousand units in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($2.5 per unit), while the price for India ($175 per thousand units) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Sweden (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Electrical Insulator Price in Brazil (FOB) - 2022

The average electrical insulator export price stood at $504 per unit in 2022, with a decrease of -18.6% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electrical insulator export price increased by +18.2% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of 54% against the previous year. Over the period under review, the average export prices reached the maximum at $619 per unit in 2021, and then dropped significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($7,309 per unit), while the average price for exports to Saudi Arabia ($10 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 Libya (+32.2%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Insulator Imports in Brazil

In 2022, overseas purchases of electrical insulators increased by 7.7% to 3.2M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a sharp downturn. Imports peaked at 8M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, electrical insulator imports contracted slightly to $49M in 2022. Overall, imports, however, saw a deep downturn. Over the period under review, imports reached the peak figure at $65M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electrical Insulator in Brazil (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	43.7	33.5	31.4	31.8	-10.1%
Chile	0.9	1.1	4.5	5.9	87.2%
Russia	5.3	9.3	3.3	2.4	-23.2%
Germany	2.0	3.5	1.3	1.7	-5.3%
Spain	0.5	0.3	0.3	0.2	-26.3%
Others	12.5	14.0	9.8	7.4	-16.0%
Total	64.9	61.7	50.7	49.4	-8.7%

Top Suppliers of Electrical Insulator to Brazil in 2022:

China (2135.8K units)
Chile (361.7K units)
Spain (176.7K units)
Russia (146.4K units)
Germany (53.7K units)

Electrical Insulator Exports in Brazil

In 2022, after two years of decline, there was significant growth in shipments abroad of electrical insulators, when their volume increased by 52% to 37K units. Over the period under review, total exports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical insulator exports surged to $19M in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electrical Insulator in Brazil (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	4.7	5.0	4.3	6.1	9.1%
Argentina	2.4	1.6	1.4	2.4	0.0%
Canada	0.6	1.0	0.9	1.8	44.2%
Paraguay	1.6	0.7	1.0	1.1	-11.7%
Colombia	1.7	1.5	1.1	0.9	-19.1%
Mexico	0.2	0.3	0.1	0.3	14.5%
Cuba	N/A	N/A	N/A	0.2	0%
India	0.3	0.1	N/A	N/A	-66.7%
Others	6.0	4.4	6.2	6.1	0.6%
Total	17.4	14.6	15.1	18.8	2.6%

Top Export Markets for Electrical Insulator from Brazil in 2022:

India (undefinedK units)
United States (9.8K units)
Colombia (7.0K units)
Argentina (5.8K units)
Canada (4.1K units)
Cuba (2.9K units)
Paraguay (2.8K units)
Mexico (1.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electrical insulator 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 27901230 - Electrical insulators (excluding of glass or ceramics)
Prodcom 23431030 - Electrical insulators of ceramics (excluding insulating fittings)
Prodcom 23192500 - Glass electrical insulators (excluding insulating fittings (other than insulators) for electrical machinery, appliances or equipment)

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