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Austria - Electrical Insulating Fittings Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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Austria: Electrical Insulating Fittings Market Overview 2021

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Electrical Insulating Fittings Market Size in Austria

In 2020, the Austrian electrical insulating fittings market decreased by -X% to $X for the first time since 2015, thus ending a four-year rising trend. Overall, the total consumption indicated pronounced growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the market value increased by X% year-to-year. Electrical insulating fittings consumption peaked at $X in 2019, and then shrank in the following year.

Electrical Insulating Fittings Production in Austria

In value terms, electrical insulating fittings production rose remarkably to $X in 2020 estimated in export prices. In general, the total production indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Electrical insulating fittings production peaked in 2020 and is likely to see steady growth in the near future.

Electrical Insulating Fittings Exports

Exports from Austria

For the eighth year in a row, Austria recorded growth in shipments abroad of electrical insulating fittings of plastics, which increased by X% to X units in 2020. Overall, exports saw measured growth. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, exports attained the maximum in 2020 and are expected to retain growth in the immediate term.

In value terms, electrical insulating fittings exports rose markedly to $X in 2020. In general, total exports indicated temperate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2009 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Exports peaked in 2020 and are likely to see steady growth in the immediate term.

Exports by Country

The Czech Republic (X units), Romania (X units) and Hungary (X units) were the main destinations of electrical insulating fittings exports from Austria, together accounting for X% of total exports. Germany, China, Serbia, Morocco, Mexico, Poland and Tunisia lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tunisia, while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for electrical insulating fittings exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Romania ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+X% per year) and Hungary (+X% per year).

Export Prices by Country

In 2020, the average electrical insulating fittings export price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, average export prices hit record highs at $X per unit in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per unit), while the average price for exports to the Czech Republic ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Electrical Insulating Fittings Imports

Imports into Austria

In 2020, purchases abroad of electrical insulating fittings of plastics decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2007; afterwards, it flattened through to 2020.

In value terms, electrical insulating fittings imports dropped significantly to $X in 2020. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. Imports peaked at $X in 2019, and then dropped remarkably in the following year.

Imports by Country

Hungary (X units), Germany (X units) and Spain (X units) were the main suppliers of electrical insulating fittings imports to Austria, together accounting for X% of total imports. The Czech Republic, the U.S. and China lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Germany ($X) and the U.S. ($X) appeared to be the largest electrical insulating fittings suppliers to Austria, with a combined X% share of total imports. These countries were followed by the Czech Republic, China and Spain, which together accounted for a further X saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electrical insulating fittings import price stood at $X per unit in 2020, reducing by -X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2019, and then shrank rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical insulating fittings of plastics in the world?
+
The countries with the highest volumes of electrical insulating fittings consumption in 2020 were Cambodia (125M units), China (113M units) and India (47M units), with a combined 46% share of global consumption.
What are the largest producers of electrical insulating fittings of plastics in the world?
+
China (112M units) constituted the country with the largest volume of electrical insulating fittings production, comprising approx. 24% of total volume. Moreover, electrical insulating fittings production in China exceeded the figures recorded by the second-largest producer, Germany (41M units), threefold. The third position in this ranking was occupied by the U.S. (39M units), with a 8.1% share.
What are the leading suppliers of electrical insulating fittings of plastics to Austria?
+
In value terms, Hungary ($9.8M), Germany ($8.7M) and the U.S. ($1.1M) appeared to be the largest electrical insulating fittings suppliers to Austria, together accounting for 77% of total imports. These countries were followed by the Czech Republic, China and Spain, which together accounted for a further 7.1%.
What are the leading importers of electrical insulating fittings of plastics from Austria?
+
In value terms, Germany ($54M) remains the key foreign market for electrical insulating fittings exports from Austria, comprising 29% of total exports. The second position in the ranking was occupied by Romania ($27M), with a 15% share of total exports. It was followed by Hungary, with a 13% share.
What is the average export price for electrical insulating fittings of plastics in Austria?
+
The average electrical insulating fittings export price stood at $16 per unit in 2020, growing by 12% against the previous year.
What is the average import price for electrical insulating fittings of plastics in Austria?
+
The average electrical insulating fittings import price stood at $20 per unit in 2020, shrinking by -21.3% against the previous year.

Product coverage:
• Prodcom 27331430 - Insulating fittings of plastic, for electrical machines, a ppliances or equipment (excluding electrical insulators)

This report provides an in-depth analysis of the electrical insulating fittings market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Austria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Austria
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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