Report Update: May 1, 2024

South Africa - Electrical Insulators - Market Analysis, Forecast, Size, Trends And Insights

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Electrical Insulator Price in South Africa - 2023

Electrical Insulator Price in South Africa (FOB) - 2022

In 2022, the average electrical insulator export price amounted to $594 per unit, with an increase of 15% against the previous year. Overall, the export price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 28%. The export price peaked at $1,145 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($2,570 per unit), while the average price for exports to Namibia ($177 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 Democratic Republic of the Congo (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Electrical Insulator Price in South Africa (CIF) - 2022

In 2022, the average electrical insulator import price amounted to $108 per unit, waning by -2.3% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $119 per unit. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,663 per unit), while the price for China ($64 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+45.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Electrical Insulator Exports in South Africa

In 2022, the amount of electrical insulators exported from South Africa dropped remarkably to 19K units, which is down by -16% compared with 2021 figures. In general, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of 22K units, and then fell notably in the following year.

In value terms, electrical insulator exports declined slightly to $11M in 2022. Over the period under review, exports saw a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 9.8%. Over the period under review, the exports attained the maximum at $18M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electrical Insulator in South Africa (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	1,706	2,267	1,836	2,331	11.0%
United States	2,405	1,442	1,471	1,802	-9.2%
Poland	1,172	1,188	1,128	1,481	8.1%
Democratic Republic of the Congo	1,640	333	2,019	935	-17.1%
Mozambique	251	199	293	780	45.9%
Zambia	782	206	217	726	-2.4%
Namibia	598	585	1,562	354	-16.0%
United Arab Emirates	102	267	205	341	49.5%
Germany	50.0	11.7	5.7	330	87.6%
Botswana	483	591	539	323	-12.6%
Zimbabwe	115	145	258	196	19.4%
Sweden	N/A	331	312	176	-27.1%
Swaziland	140	185	205	137	-0.7%
Others	8,094	2,623	1,343	1,115	-48.4%
Total	17,538	10,375	11,392	11,028	-14.3%

Top Export Markets for Electrical Insulator from South Africa in 2022:

Australia (3.4K units)
United States (2.6K units)
Poland (2.4K units)
Namibia (2.0K units)
Botswana (1.2K units)
Zambia (1.2K units)
Zimbabwe (0.8K units)
United Arab Emirates (0.6K units)
Germany (0.6K units)
Swaziland (0.6K units)
Mozambique (0.5K units)
Democratic Republic of the Congo (0.4K units)
Sweden (0.3K units)

Electrical Insulator Imports in South Africa

In 2022, overseas purchases of electrical insulators were finally on the rise to reach 119K units after two years of decline. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical insulator imports soared to $13M in 2022. Over the period under review, imports, however, showed a mild decrease. Over the period under review, imports reached the maximum at $13M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Electrical Insulator in South Africa (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	5.6	5.6	5.6	7.2	8.7%
Others	7.9	4.6	5.0	5.7	-10.3%
Total	13.4	10.2	10.6	12.9	-1.3%

Top Suppliers of Electrical Insulator to South Africa in 2022:

China (112.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electrical insulator market in South Africa. 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:

South Africa

Data coverage:

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