Price for Electrical Insulators of Any Material in Russia - 2022
Contents:
- Price for Electrical Insulators of Any Material in Russia (CIF) - 2022
- Price for Electrical Insulators of Any Material in Russia (FOB) - 2022
- Imports of Electrical Insulators of Any Material in Russia
- Exports of Electrical Insulators of Any Material in Russia
Price for Electrical Insulators of Any Material in Russia (CIF) - 2022
In 2022, the average import price for electrical insulators of any materials amounted to $0.3 per unit, jumping by 27% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $0.4 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
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 Germany ($2 per unit), while the price for Ukraine ($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 India (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Insulators of Any Material in Russia (FOB) - 2022
The average export price for electrical insulators of any materials stood at $0.3 per unit in 2022, growing by 37% against the previous year. Overall, the export price, however, continues to indicate a perceptible curtailment. The export price peaked at $0.4 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($0.4 per unit), while the average price for exports to Poland ($0.1 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 Turkey (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Insulators of Any Material in Russia
In 2022, after three years of growth, there was significant decline in supplies from abroad of electrical insulators of any materials, when their volume decreased by -40.3% to 66M units. Over the period under review, imports recorded a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 16%. As a result, imports reached the peak of 111M units, and then declined significantly in the following year.
In value terms, electrical insulators of any material imports contracted rapidly to $21M in 2022. In general, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 5%. As a result, imports attained the peak of $28M, and then fell markedly in the following year.
| Import of Electrical Insulators of Any Material in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.2 | 7.3 | 7.5 | 9.6 | 10.1% |
| Poland | 5.1 | 6.0 | 6.4 | 3.5 | -11.8% |
| India | 1.5 | 1.3 | 2.1 | 2.7 | 21.6% |
| Kazakhstan | 1.1 | 0.8 | 0.6 | 1.0 | -3.1% |
| Ukraine | 3.4 | 3.5 | 4.4 | 0.2 | -61.1% |
| Others | 7.1 | 7.6 | 6.9 | 4.0 | -17.4% |
| Total | 25.4 | 26.6 | 27.9 | 21.1 | -6.0% |
Top Suppliers of Electrical Insulators of Any Material to Russia in 2022:
- China (36.1M units)
- India (9.7M units)
- Poland (8.4M units)
- Kazakhstan (6.7M units)
- Ukraine (1.8M units)
Exports of Electrical Insulators of Any Material in Russia
After three years of growth, overseas shipments of electrical insulators of any materials decreased by -56.9% to 118M units in 2022. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year. Over the period under review, the exports reached the peak figure at 274M units in 2021, and then reduced rapidly in the following year.
In value terms, electrical insulators of any material exports fell significantly to $31M in 2022. Over the period under review, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 when exports increased by 31% against the previous year. Over the period under review, the exports hit record highs at $52M in 2021, and then shrank sharply in the following year.
| Export of Electrical Insulators of Any Material in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 8.9 | 6.2 | 8.4 | 5.9 | -12.8% |
| Azerbaijan | 2.6 | 4.4 | 3.4 | 5.0 | 24.4% |
| Uzbekistan | 3.1 | 2.7 | 3.7 | 2.7 | -4.5% |
| Brazil | 5.3 | 9.3 | 3.3 | 2.4 | -23.2% |
| Tajikistan | 0.2 | 2.7 | 1.9 | 2.2 | 122.4% |
| Vietnam | 0.9 | 5.1 | 0.5 | 2.1 | 32.6% |
| Turkey | 0.2 | 0.1 | N/A | 1.6 | 100.0% |
| Poland | 0.9 | 0.2 | 0.3 | 1.6 | 21.1% |
| United States | 0.6 | 0.3 | 0.7 | 1.0 | 18.6% |
| Kyrgyzstan | 0.8 | 0.5 | 0.9 | 0.9 | 4.0% |
| Uruguay | N/A | N/A | N/A | 0.5 | 0% |
| Serbia | N/A | 0.1 | 0.3 | 0.5 | 123.6% |
| Belarus | 5.8 | 3.7 | 3.8 | N/A | -19.1% |
| Others | 9.0 | 14.4 | 25.3 | 4.7 | -19.5% |
| Total | 38.1 | 49.8 | 52.5 | 30.9 | -6.7% |
Top Export Markets for Electrical Insulators of Any Material from Russia in 2022:
- Kazakhstan (20.4M units)
- Azerbaijan (14.3M units)
- Brazil (12.7M units)
- Tajikistan (12.0M units)
- Poland (10.7M units)
- Uzbekistan (8.6M units)
- Vietnam (6.6M units)
- Turkey (5.5M units)
- Kyrgyzstan (4.1M units)
- Uruguay (2.8M units)
- United States (2.6M units)
- Serbia (2.3M units)
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