Price for Electrical Insulators of Any Material in Greece - 2023

Contents:

1. Price for Electrical Insulators of Any Material in Greece (CIF) - 2023
2. Price for Electrical Insulators of Any Material in Greece (FOB) - 2022
3. Imports of Electrical Insulators of Any Material in Greece
4. Exports of Electrical Insulators of Any Material in Greece

Price for Electrical Insulators of Any Material in Greece (CIF) - 2023

In October 2023, the average import price for electrical insulators of any materials amounted to $197 per thousand units, waning by -44% against the previous month. In general, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in August 2023 an increase of 158% against the previous month. The import price peaked at $1.1 per unit in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From October 2022 to October 2023, the rate of growth in terms of prices for China amounted to -21.1% per month.

Price for Electrical Insulators of Any Material in Greece (FOB) - 2022

The average export price for electrical insulators of any materials stood at $5.5 per unit in 2022, surging by 309% against the previous year. Overall, the export price saw prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($17 per unit), while the average price for exports to Spain ($0.8 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 Iraq (+62.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Insulators of Any Material in Greece

Electrical insulators of any material imports into Greece soared to 16M units in 2022, increasing by 32% against the previous year's figure. Overall, imports, however, showed a abrupt slump. Over the period under review, imports attained the maximum at 22M units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, electrical insulators of any material imports skyrocketed to $5.2M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Electrical Insulators of Any Material to Greece in 2022:

1. China (10.4M units)
2. Ukraine (2.0M units)
3. Spain (1.7M units)
4. Germany (0.3M units)

Exports of Electrical Insulators of Any Material in Greece

In 2022, exports of electrical insulators of any materials from Greece shrank markedly to 147K units, with a decrease of -21.9% against the previous year. In general, exports saw a dramatic contraction. The smallest decline of -18.8% was in 2021. The exports peaked at 510K 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 soared to $811K in 2022. Overall, exports, however, enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Electrical Insulators of Any Material from Greece in 2022:

1. United States (45.0K units)
2. Cyprus (42.4K units)
3. Brazil (20.4K units)
4. Romania (12.8K units)
5. Israel (8.2K units)
6. Iraq (7.4K units)
7. Ghana (3.6K units)
8. Italy (1.2K units)

Source: IndexBox Market Intelligence Platform