Report Update: May 1, 2024

Ukraine - Insulating Fittings For Electrical Purposes - Market Analysis, Forecast, Size, Trends And Insights

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Insulating Fittings Price in Ukraine - 2023

Insulating Fittings Price in Ukraine (FOB) - 2023

The average insulating fittings export price stood at $49,710 per ton in May 2023, increasing by 66% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $70,899 per ton in November 2022; however, from December 2022 to May 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In May 2023, the country with the highest price was South Africa ($118K per ton), while the average price for exports to Azerbaijan ($10,115 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+29.3%), while the prices for the other major destinations experienced more modest paces of growth.

Insulating Fittings Price in Ukraine (CIF) - 2022

The average insulating fittings import price stood at $16,620 per ton in 2022, growing by 47% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, insulating fittings import price increased by +64.2% against 2020 indices. The import price peaked at $18,744 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($39,727 per ton), while the price for Serbia ($9,777 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Insulating Fittings Exports in Ukraine

After three years of growth, shipments abroad of insulating fittings for electrical purposes decreased by -68.8% to 59 tons in 2022. In general, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of 189 tons, and then fell markedly in the following year.

In value terms, insulating fittings exports declined markedly to $2.7M in 2022. Overall, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of $6.5M, and then fell rapidly in the following year.

Export of Insulating Fittings in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	2,460	1,534	2,078	924	-27.8%
Croatia	1,183	1,607	1,814	807	-12.0%
Turkey	461	664	818	364	-7.6%
Russia	464	554	525	233	-20.5%
Netherlands	455	493	334	185	-25.9%
South Africa	86.4	129	241	107	7.4%
United Arab Emirates	0.1	0.3	90.8	40.4	639.3%
Saudi Arabia	N/A	344	504	N/A	46.5%
Others	73.5	74.6	145	27.0	-28.4%
Total	5,182	5,400	6,550	2,687	-19.7%

Top Export Markets for Insulating Fittings from Ukraine in 2022:

Switzerland (20.6 tons)
Croatia (16.1 tons)
Turkey (8.8 tons)
South Africa (5.3 tons)
Russia (2.7 tons)
Netherlands (2.4 tons)
United Arab Emirates (2.1 tons)

Insulating Fittings Imports in Ukraine

After three years of growth, supplies from abroad of insulating fittings for electrical purposes decreased by -65.3% to 46 tons in 2022. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 46%.

In value terms, insulating fittings imports shrank markedly to $757K in 2022. Overall, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. As a result, imports reached the peak of $1.5M, and then shrank rapidly in the following year.

Import of Insulating Fittings in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	214	253	426	213	-0.2%
China	121	259	320	160	9.8%
Turkey	11.4	63.5	147	73.6	86.2%
Germany	213	30.2	22.8	46.1	-40.0%
Poland	73.7	70.8	83.0	41.6	-17.4%
Russia	36.2	40.3	71.6	35.9	-0.3%
Serbia	14.8	13.1	69.0	34.6	32.7%
Croatia	80.0	50.8	56.5	31.4	-26.8%
Belarus	4.9	12.3	30.5	15.3	46.2%
United Arab Emirates	136	N/A	72.5	N/A	-27.0%
Others	258	136	188	105	-25.9%
Total	1,163	929	1,486	757	-13.3%

Top Suppliers of Insulating Fittings to Ukraine in 2022:

Switzerland (17.5 tons)
China (15.0 tons)
Serbia (3.5 tons)
Turkey (3.3 tons)
Poland (1.3 tons)
Russia (0.9 tons)
Belarus (0.8 tons)
Germany (0.8 tons)
Croatia (0.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the insulating fittings 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 27901280 - Insulating fittings for electrical purposes, of materials other than ceramics or plastics, electrical conduit tubing and joints therefor, of base metal lined with insulating material

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:

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