Price for Electrical Insulators of Any Material in Ireland - 2023

Contents:

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

Price for Electrical Insulators of Any Material in Ireland (CIF) - 2022

In 2022, the average import price for electrical insulators of any materials amounted to $0.5 per unit, reducing by -22.5% against the previous year. Over the period under review, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in 2017 an increase of 58%. Over the period under review, average import prices hit record highs at $0.7 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1.6 per unit), while the price for Portugal ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for electrical insulators of any materials stood at $1.4 per unit in 2022, rising by 9.4% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in 2016 an increase of 46%. Over the period under review, the average export prices reached the peak figure at $6.4 per unit in 2017; however, from 2018 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 Slovakia ($13 per unit), while the average price for exports to the UK ($1 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 Iceland (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Insulators of Any Material in Ireland

In 2022, approx. 14M units of electrical insulators of any materials were imported into Ireland; picking up by 52% compared with 2021. In general, imports saw a relatively flat trend pattern. Over the period under review, imports reached the maximum at 15M units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, electrical insulators of any material imports soared to $7.2M in 2022. The total import value increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 18%. Imports peaked in 2022 and are likely to continue growth in the near future.

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

1. Italy (2.0M units)
2. China (1.9M units)
3. Brazil (1.8M units)
4. Netherlands (1.6M units)
5. Portugal (1.0M units)
6. Germany (1.0M units)
7. Canada (0.9M units)
8. Romania (0.8M units)
9. Poland (0.8M units)
10. United Kingdom (0.8M units)

Exports of Electrical Insulators of Any Material in Ireland

Electrical insulators of any material exports from Ireland skyrocketed to 113K units in 2022, jumping by 31% compared with the previous year's figure. Overall, exports, however, showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 92% against the previous year. The exports peaked at 367K 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 skyrocketed to $160K in 2022. In general, exports, however, faced a sharp setback. The exports peaked at $872K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. United Kingdom (87.9K units)
2. France (9.1K units)
3. Iceland (5.9K units)
4. United States (3.9K units)
5. China (1.8K units)

Source: IndexBox Market Intelligence Platform