Price for Electrical Insulators of Any Material in Austria - 2023
Contents:
- Price for Electrical Insulators of Any Material in Austria (FOB) - 2022
- Price for Electrical Insulators of Any Material in Austria (CIF) - 2023
- Exports of Electrical Insulators of Any Material in Austria
- Imports of Electrical Insulators of Any Material in Austria
Price for Electrical Insulators of Any Material in Austria (FOB) - 2022
In 2022, the average export price for electrical insulators of any materials amounted to $1.6 per unit, reducing by -2.7% against the previous year. Over the period under review, the export price, however, saw prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 57% against the previous year. The export price peaked at $1.7 per unit in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($2.1 per unit), while the average price for exports to Canada ($0.5 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 Netherlands (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Insulators of Any Material in Austria (CIF) - 2023
The average import price for electrical insulators of any materials stood at $2.2 per unit in October 2023, rising by 75% against the previous month. Overall, the import price recorded a buoyant expansion. The pace of growth was the most pronounced in December 2022 when the average import price increased by 103% m-o-m. Over the period under review, average import prices attained the maximum in October 2023.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($7.3 per unit), while the price for India ($747 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 France (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Insulators of Any Material in Austria
In 2022, the amount of electrical insulators of any materials exported from Austria reduced slightly to 23M units, with a decrease of -3.2% compared with the previous year's figure. In general, exports continue to indicate a abrupt decline. The exports peaked at 30M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, electrical insulators of any material exports reduced to $38M in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 4.6% against the previous year. As a result, the exports attained the peak of $40M, and then contracted in the following year.
| Export of Electrical Insulators of Any Material in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.8 | 15.7 | 15.2 | 13.4 | -7.3% |
| Switzerland | 5.1 | 5.0 | 4.6 | 4.1 | -7.0% |
| Poland | 2.4 | 2.9 | 3.2 | 3.2 | 10.1% |
| France | 2.2 | 1.4 | 3.1 | 2.6 | 5.7% |
| Sweden | 1.2 | 1.3 | 1.5 | 1.8 | 14.5% |
| Italy | 2.1 | 1.7 | 0.9 | 1.4 | -12.6% |
| Czech Republic | 0.8 | 1.2 | 1.1 | 1.2 | 14.5% |
| India | 0.6 | 1.1 | 1.2 | 1.2 | 26.0% |
| Spain | 1.2 | 0.8 | 0.9 | 1.2 | 0.0% |
| Mexico | 0.1 | 0.2 | 0.5 | 1.1 | 122.4% |
| Netherlands | 0.4 | 0.9 | 1.4 | 0.8 | 26.0% |
| United Kingdom | 0.2 | 0.2 | 0.2 | 0.5 | 35.7% |
| Canada | 0.1 | 0.1 | 0.4 | 0.3 | 44.2% |
| Others | 5.2 | 5.5 | 5.6 | 4.7 | -3.3% |
| Total | 38.4 | 38.1 | 39.9 | 37.6 | -0.7% |
Top Export Markets for Electrical Insulators of Any Material from Austria in 2022:
- Germany (8.5M units)
- Switzerland (2.0M units)
- Poland (1.8M units)
- France (1.6M units)
- India (1.0M units)
- Italy (0.9M units)
- Sweden (0.9M units)
- Czech Republic (0.7M units)
- Mexico (0.7M units)
- Spain (0.7M units)
- Canada (0.6M units)
- United Kingdom (0.6M units)
- Netherlands (0.5M units)
Imports of Electrical Insulators of Any Material in Austria
Electrical insulators of any material imports into Austria reached 32M units in 2022, picking up by 5.4% against 2021. The total import volume increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 17% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, electrical insulators of any material imports dropped to $28M in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 25%. Imports peaked at $32M in 2021, and then shrank in the following year.
| Import of Electrical Insulators of Any Material in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.9 | 9.9 | 9.9 | 8.0 | 10.7% |
| China | 2.4 | 1.4 | 2.5 | 3.5 | 13.4% |
| Ukraine | 0.2 | 0.7 | 0.9 | 2.7 | 138.1% |
| Czech Republic | 2.4 | 2.2 | 2.5 | 2.4 | 0.0% |
| Poland | 1.2 | 1.4 | 2.5 | 2.3 | 24.2% |
| Switzerland | 3.4 | 4.8 | 4.3 | 2.2 | -13.5% |
| Slovakia | 1.8 | 1.5 | 2.4 | 0.7 | -27.0% |
| Romania | 0.4 | 0.3 | 0.3 | 0.5 | 7.7% |
| Spain | 0.6 | 0.3 | 0.1 | 0.3 | -20.6% |
| Others | 4.8 | 6.2 | 6.3 | 5.1 | 2.0% |
| Total | 23.1 | 28.9 | 31.7 | 27.7 | 6.2% |
Top Suppliers of Electrical Insulators of Any Material to Austria in 2022:
- China (6.8M units)
- Czech Republic (4.9M units)
- Germany (4.7M units)
- Poland (4.1M units)
- Romania (2.9M units)
- Ukraine (2.4M units)
- Slovakia (2.2M units)
- Switzerland (0.6M units)
- Spain (0.5M units)
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