Price for Electrical Insulators of Any Material in the Czech Republic - 2023
Contents:
- Price for Electrical Insulators of Any Material in the Czech Republic (FOB) - 2023
- Price for Electrical Insulators of Any Material in the Czech Republic (CIF) - 2023
- Exports of Electrical Insulators of Any Material in the Czech Republic
- Imports of Electrical Insulators of Any Material in the Czech Republic
Price for Electrical Insulators of Any Material in the Czech Republic (FOB) - 2023
The average export price for electrical insulators of any materials stood at $1.6 per unit in October 2023, jumping by 60% against the previous month. Overall, export price indicated noticeable growth from October 2022 to October 2023: its price increased at an average monthly rate of +4.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, electrical insulators of any material export price increased by +76.2% against July 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Switzerland ($5.1 per unit), while the average price for exports to Germany ($674 per thousand units) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Insulators of Any Material in the Czech Republic (CIF) - 2023
The average import price for electrical insulators of any materials stood at $911 per thousand units in October 2023, shrinking by -2.8% against the previous month. Over the period under review, import price indicated modest growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, electrical insulators of any material import price decreased by -6.7% against July 2023 indices. The most prominent rate of growth was recorded in July 2023 an increase of 54% against the previous month. Over the period under review, average import prices reached the maximum at $1.1 per unit in December 2022; however, from January 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($1.8 per unit), while the price for China ($330 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 Germany (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Insulators of Any Material in the Czech Republic
In 2022, electrical insulators of any material exports from the Czech Republic stood at 49M units, increasing by 11% on 2021. Overall, exports, however, showed a noticeable curtailment. The exports peaked at 53M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electrical insulators of any material exports fell to $44M in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $47M, and then declined in the following year.
| Export of Electrical Insulators of Any Material in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.9 | 11.5 | 11.9 | 13.1 | -2.0% |
| Switzerland | 6.7 | 7.2 | 12.0 | 7.2 | 2.4% |
| Austria | 2.9 | 2.8 | 2.8 | 2.8 | -1.2% |
| Denmark | 0.2 | 0.1 | N/A | 2.7 | 138.1% |
| Poland | 2.3 | 2.1 | 2.6 | 2.4 | 1.4% |
| France | 0.5 | 0.3 | 1.0 | 1.8 | 53.3% |
| Slovakia | 2.4 | 1.8 | 1.5 | 1.8 | -9.1% |
| Netherlands | 1.6 | 1.2 | 5.1 | 1.7 | 2.0% |
| Hungary | 0.8 | 0.7 | 0.7 | 1.0 | 7.7% |
| Others | 11.1 | 10.2 | 9.1 | 9.7 | -4.4% |
| Total | 42.4 | 37.8 | 46.8 | 44.3 | 1.5% |
Top Export Markets for Electrical Insulators of Any Material from the Czech Republic in 2022:
- Germany (18.5M units)
- Switzerland (12.0M units)
- Austria (2.7M units)
- Hungary (2.6M units)
- Poland (2.4M units)
- Slovakia (2.1M units)
- Denmark (1.0M units)
- Netherlands (0.9M units)
- France (0.8M units)
Imports of Electrical Insulators of Any Material in the Czech Republic
Electrical insulators of any material imports into the Czech Republic surged to 51M units in 2022, increasing by 28% against 2021 figures. The total import volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electrical insulators of any material imports rose markedly to $39M in 2022. The total import value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Electrical Insulators of Any Material in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.3 | 13.0 | 12.9 | 14.6 | 3.2% |
| Belgium | 4.2 | 3.8 | 4.1 | 5.0 | 6.0% |
| China | 1.2 | 1.2 | 1.9 | 2.7 | 31.0% |
| Slovakia | 1.5 | 1.7 | 2.8 | 2.6 | 20.1% |
| Poland | 1.4 | 1.7 | 2.0 | 2.4 | 19.7% |
| France | 1.6 | 2.3 | 1.6 | 1.4 | -4.4% |
| Romania | 1.8 | 1.6 | 2.1 | 1.3 | -10.3% |
| Others | 6.6 | 6.6 | 9.4 | 9.1 | 11.3% |
| Total | 31.6 | 31.9 | 36.7 | 39.0 | 7.3% |
Top Suppliers of Electrical Insulators of Any Material to the Czech Republic in 2022:
- Germany (16.2M units)
- China (6.6M units)
- Slovakia (6.1M units)
- Poland (4.5M units)
- Romania (3.8M units)
- France (3.5M units)
- Belgium (3.2M units)
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