Europe: Electrical Insulator Market 2024

Electrical Insulator Market Size in Europe

In 2022, the Europe electrical insulator market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Electrical Insulator Production in Europe

In value terms, electrical insulator production reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

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Electrical Insulator Exports

Exports in Europe

After two years of growth, shipments abroad of electrical insulators decreased by X% to X units in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X units, and then shrank in the following year.

In value terms, electrical insulator exports dropped to $X in 2022. Overall, exports saw a slight downturn. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X units), Germany (X units), Poland (X units), the Czech Republic (X units) and Portugal (X units) represented roughly X% of total exports in 2022. France (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Austria (X%). Romania (X units), the Netherlands (X units), Belgium (X units), Hungary (X units), Bulgaria (X units) and Switzerland (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical insulator supplying countries in Europe were Germany ($X), Italy ($X) and France ($X), together comprising X% of total exports. Portugal, the Netherlands, the Czech Republic, Poland, Austria, Switzerland, Romania, Hungary, Belgium and Bulgaria lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a noticeable descent. The growth pace was the most rapid in 2013 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 2014 to 2022, the export prices remained at a somewhat lower figure.

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

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

Electrical Insulator Imports

Imports in Europe

In 2022, the amount of electrical insulators imported in Europe rose slightly to X units, with an increase of X% on 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, electrical insulator imports reached $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X units), Germany (X units) and Spain (X units) represented roughly X% of total imports in 2022. France (X units) ranks next in terms of the total imports with a X% share, followed by Switzerland (X%), the UK (X%) and Sweden (X%). The Czech Republic (X units), Russia (X units), Romania (X units), Poland (X units), the Netherlands (X units) and Austria (X units) took a little share of total imports.

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

In value terms, Germany ($X), Italy ($X) and France ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Spain, Switzerland, the UK, the Netherlands, the Czech Republic, Poland, Sweden, Austria, Russia and Romania lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 Europe amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the import price continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Spain ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform