Ukraine - Electrical Insulators - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

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

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Electrical Insulator Price in Ukraine - 2023

Contents:

  1. Electrical Insulator Price in Ukraine (FOB) - 2022
  2. Electrical Insulator Price in Ukraine (CIF) - 2022
  3. Electrical Insulator Exports in Ukraine
  4. Electrical Insulator Imports in Ukraine

Electrical Insulator Price in Ukraine (FOB) - 2022

In 2022, the average electrical insulator export price amounted to $4 per unit, falling by -5.1% against the previous year. Over the period under review, the export price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 6.8% against the previous year. The export price peaked at $6.8 per unit in 2013; however, from 2014 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 Vietnam ($6.7 per unit), while the average price for exports to Iraq ($3 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 the United States (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Insulator Price in Ukraine (CIF) - 2022

In 2022, the average electrical insulator import price amounted to $913 per unit, with an increase of 24% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electrical insulator import price increased by +115.8% against 2016 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 27% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,676 per unit), while the price for South Korea ($220 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Electrical Insulator Exports in Ukraine

In 2022, shipments abroad of electrical insulators decreased by -39.9% to 3.2M units, falling for the second year in a row after two years of growth. Over the period under review, exports saw a noticeable setback. The pace of growth was the most pronounced in 2020 with an increase of 47% against the previous year. As a result, the exports attained the peak of 5.4M units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, electrical insulator exports fell dramatically to $13M in 2022. In general, exports saw a deep downturn. The growth pace was the most rapid in 2020 with an increase of 33% against the previous year. As a result, the exports attained the peak of $23M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Electrical Insulator in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria2216101,2142,448122.9%
Iraq1,3992,4612,7341,358-1.0%
Poland1,0461,600886963-2.7%
Hungary46619046.892825.8%
Turkey1701,08682990474.5%
AlgeriaN/A69.2645745228.1%
Estonia40224448667919.1%
Vietnam9911,9552,330643-13.4%
United States1764,47958163053.0%
Portugal850832545470-17.9%
Greece659649699268-25.9%
TogoN/AN/A17025248.2%
Spain377316120247-13.1%
Others10,4568,40711,5412,493-38.0%
Total17,21422,89722,82713,028-8.9%

Top Export Markets for Electrical Insulator from Ukraine in 2022:

  1. Austria (631.4K units)
  2. Iraq (450.3K units)
  3. Turkey (299.6K units)
  4. Poland (299.0K units)
  5. Estonia (189.3K units)
  6. Hungary (154.5K units)
  7. United States (144.9K units)
  8. Algeria (135.1K units)
  9. Portugal (133.6K units)
  10. Vietnam (96.1K units)
  11. Greece (84.1K units)
  12. Togo (67.3K units)
  13. Spain (59.8K units)

Electrical Insulator Imports in Ukraine

For the third consecutive year, Ukraine recorded decline in purchases abroad of electrical insulators, which decreased by -54.8% to 3.9K units in 2022. In general, imports recorded a precipitous shrinkage. The smallest decline of -22.5% was in 2021. Over the period under review, imports reached the peak figure at 20K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, electrical insulator imports dropped dramatically to $3.6M in 2022. Over the period under review, imports showed a precipitous shrinkage. The smallest decline of -19.2% was in 2021. Over the period under review, imports hit record highs at $11M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Electrical Insulator in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9551,6682,6521,2128.3%
Poland1,5551,7161,296981-14.2%
India30.436.132.6261104.8%
Hungary69.814017819340.4%
Turkey27871.436.7192-11.6%
Germany4,465359118177-65.9%
France390563160119-32.7%
Russia1,7879281,084118-59.6%
Czech Republic29468616174.0-36.9%
South Korea13315613061.8-22.5%
Finland12.83.331.240.446.7%
Serbia3.920.229.818.367.4%
Switzerland3952651.34.9-76.9%
Others7141,333510144-41.4%
Total11,0847,9476,4203,597-31.3%

Top Suppliers of Electrical Insulator to Ukraine in 2022:

  1. Hungary (862.0 units)
  2. Poland (619.0 units)
  3. China (453.0 units)
  4. Russia (413.0 units)
  5. South Korea (281.0 units)
  6. India (253.0 units)
  7. Turkey (193.0 units)
  8. Germany (186.0 units)
  9. France (134.0 units)
  10. Czech Republic (99.0 units)
  11. Serbia (83.0 units)
  12. Finland (64.0 units)
  13. Switzerland (34.0 units)

Source: IndexBox Market Intelligence Platform

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

  • Ukraine

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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