CIS: Ceramic Electrical Insulator Market 2024

Ceramic Electrical Insulator Market Size in CIS

The CIS ceramic electrical insulator market surged to $X in 2022, rising by X% against the previous year. Over the period under review, consumption, however, recorded a significant expansion. 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 CIS

In value terms, ceramic electrical insulator production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Ceramic Electrical Insulator Exports

Exports in CIS

In 2022, ceramic electrical insulator exports in the CIS fell markedly to X units, waning by X% against the previous year. Over the period under review, exports showed a abrupt setback. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, ceramic electrical insulator exports contracted to $X in 2022. Overall, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Russia (X units), together finishing at X% of total export.

Russia was also the fastest-growing in terms of the electrical insulators of ceramics exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest ceramic electrical insulator supplier in the CIS.

In Russia, ceramic electrical insulator exports declined by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, growing by X% against the previous year. Overall, the export price, however, showed a slight descent. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to X% per year.

Ceramic Electrical Insulator Imports

Imports in CIS

In 2022, ceramic electrical insulator imports in the CIS contracted significantly to X units, waning by X% compared with the year before. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, ceramic electrical insulator imports reduced to $X in 2022. In general, imports saw a noticeable curtailment. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X units) was the key importer of electrical insulators of ceramics, achieving X% of total imports. Kazakhstan (X units) took the second position in the ranking, distantly followed by Tajikistan (X units) and Azerbaijan (X units). All these countries together took near X% share of total imports. Kyrgyzstan (X units) and Belarus (X units) followed a long way behind the leaders.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Tajikistan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Azerbaijan experienced a relatively flat trend pattern. By contrast, Kazakhstan (X%), Kyrgyzstan (X%) and Belarus (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Tajikistan, Kazakhstan and Azerbaijan increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported electrical insulators of ceramics in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Tajikistan, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Tajikistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, increasing by X% against the previous year. Import price indicated a pronounced expansion from 2012 to 2022: its price 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, ceramic electrical insulator import price increased by X% against 2015 indices. The growth pace was the most rapid in 2018 when the import price increased by X%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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