China: Ceramic Electrical Insulator Market 2024

Ceramic Electrical Insulator Market Size in China

The Chinese ceramic electrical insulator market amounted to $X in 2022, approximately reflecting the previous year. In general, the total consumption indicated a buoyant 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, consumption decreased by X% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Ceramic Electrical Insulator Production in China

In value terms, ceramic electrical insulator production amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent expansion 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, production decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

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Ceramic Electrical Insulator Exports

Exports from China

In 2022, shipments abroad of electrical insulators of ceramics increased by X% to X units, rising for the second consecutive year after four years of decline. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, ceramic electrical insulator exports surged to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for ceramic electrical insulator exports from China, with a X% share of total exports. Moreover, ceramic electrical insulator exports to the United States exceeded the volume sent to the second major destination, Pakistan (X units), fivefold. The third position in this ranking was taken by Iraq (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (X% per year) and Iraq (X% per year).

In value terms, the United States ($X) remains the key foreign market for electrical insulators of ceramics exports from China, comprising X% of total exports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Brazil (X% per year).

Export Prices by Country

The average ceramic electrical insulator export price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price recorded a slight curtailment. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while the average price for exports to the United States ($X 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 the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Electrical Insulator Imports

Imports into China

In 2022, imports of electrical insulators of ceramics into China was estimated at X units, standing approx. at the previous year's figure. In general, imports continue to indicate significant growth. The smallest decline of X% was in 2019. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, ceramic electrical insulator imports reduced sharply to $X in 2022. Overall, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X units), Sweden (X units) and the United States (X units) were the main suppliers of ceramic electrical insulator imports to China, together comprising X% of total imports.

From 2018 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ceramic electrical insulator suppliers to China were Italy ($X), Sweden ($X) and Switzerland ($X), with a combined X% share of total imports. The United States, France and Germany lagged somewhat behind, together comprising a further X%.

France, with a CAGR of X%, recorded 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 ceramic electrical insulator import price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. In general, the import price recorded a dramatic decline. The growth pace was the most rapid in 2019 when the average import price decreased by X%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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