Europe: Ceramic Electrical Insulator Market 2024

Ceramic Electrical Insulator Market Size in Europe

In 2022, the Europe ceramic electrical insulator market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. The total consumption indicated a notable 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. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Ceramic Electrical Insulator Production in Europe

In value terms, ceramic electrical insulator production contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Ceramic Electrical Insulator Exports

Exports in Europe

For the fifth consecutive year, Europe recorded decline in overseas shipments of electrical insulators of ceramics, which decreased by X% to X units in 2022. Over the period under review, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, ceramic electrical insulator exports rose sharply to $X in 2022. Overall, exports saw a pronounced downturn. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia was the key exporting country with an export of about X units, which reached X% of total exports. Norway (X units) held the second position in the ranking, followed by the UK (X units) and Switzerland (X units). All these countries together took near X% share of total exports. Ukraine (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to ceramic electrical insulator exports from Russia stood at X%. At the same time, Norway (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. By contrast, the UK (X%), Switzerland (X%) and Ukraine (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.) and Norway (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Switzerland (X p.p.) and Ukraine (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Norway ($X) and the UK ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Norway, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, jumping by X% against the previous year. In general, the export price recorded a buoyant expansion. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

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

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

Ceramic Electrical Insulator Imports

Imports in Europe

In 2022, overseas purchases of electrical insulators of ceramics were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, saw a abrupt decline. The growth pace was the most rapid in 2017 with an increase of X%. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, ceramic electrical insulator imports expanded markedly to $X in 2022. In general, imports, however, showed a perceptible decrease. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Russia represented the largest importer of electrical insulators of ceramics in Europe, with the volume of imports amounting to X units, which was approx. X% of total imports in 2022. Switzerland (X units) ranks second in terms of the total imports with a X% share, followed by the UK (X%). Ukraine (X units), Belarus (X units), Serbia (X units) and North Macedonia (X units) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Serbia (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 importing markets in Europe were Russia ($X), Switzerland ($X) and the UK ($X), together accounting for X% of total imports. Belarus, Serbia, Ukraine and North Macedonia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, North Macedonia, with a CAGR of X%, saw the highest growth rate of 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

The import price in Europe stood at $X per unit in 2022, growing by X% against the previous year. Overall, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per unit), while Ukraine ($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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