ASEAN: Ceramic Electrical Insulator Market 2024

Ceramic Electrical Insulator Market Size in ASEAN

The ASEAN ceramic electrical insulator market reached $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Ceramic Electrical Insulator Production in ASEAN

In value terms, ceramic electrical insulator production totaled $X in 2022 estimated in export price. Over the period under review, production saw a mild reduction. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Ceramic Electrical Insulator Exports

Exports in ASEAN

In 2022, overseas shipments of electrical insulators of ceramics increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports showed a relatively flat trend pattern. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, ceramic electrical insulator exports declined remarkably to $X in 2022. Overall, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia represented the key exporter of electrical insulators of ceramics in ASEAN, with the volume of exports recording X units, which was approx. X% of total exports in 2022. It was distantly followed by Singapore (X units), Vietnam (X units) and Indonesia (X units), together committing a X% share of total exports.

Malaysia was also the fastest-growing in terms of the electrical insulators of ceramics exports, with a CAGR of X% from 2012 to 2022. At the same time, Vietnam (X%) displayed positive paces of growth. By contrast, Indonesia (X%) and Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malaysia and Vietnam increased by X and X percentage points, respectively.

In value terms, Malaysia ($X), Singapore ($X) and Vietnam ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports. These countries were followed by Indonesia, which accounted for a further X%.

In terms of the main exporting countries, Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price showed a deep downturn. The pace of growth was the most pronounced in 2019 when the export price increased by X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced mixed trends in the export price figures.

Ceramic Electrical Insulator Imports

Imports in ASEAN

In 2022, approx. X units of electrical insulators of ceramics were imported in ASEAN; picking up by X% against the previous year's figure. In general, imports showed a perceptible expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, ceramic electrical insulator imports reduced to $X in 2022. Total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Philippines represented the largest importing country with an import of about X units, which resulted at X% of total imports. Indonesia (X units) ranks second in terms of the total imports with a X% share, followed by Vietnam (X%), Singapore (X%) and Malaysia (X%). Lao People's Democratic Republic (X units) and Cambodia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Lao People's Democratic Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Indonesia ($X) and Vietnam ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Malaysia, Singapore, Lao People's Democratic Republic and Cambodia lagged somewhat behind, together accounting for a further X%.

Cambodia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, declining by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Malaysia ($X per unit), while Lao People's Democratic Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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