Germany: Electrical Insulating Fittings Market Overview 2020

Electrical Insulating Fittings Market Size in Germany

The revenue of the electrical insulating fittings market in Germany amounted to $X in 2018, growing by X% against the previous year. Over the period under review, electrical insulating fittings consumption, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, the electrical insulating fittings market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Electrical Insulating Fittings Production in Germany

In value terms, electrical insulating fittings production stood at $X in 2018 estimated in export prices. In general, electrical insulating fittings production, however, continues to indicate a drastic contraction. The pace of growth appeared the most rapid in 2011 when production volume increased by X% y-o-y. Over the period under review, electrical insulating fittings production attained its maximum level at $X in 2008; however, from 2009 to 2018, production failed to regain its momentum.

Electrical Insulating Fittings Exports

Exports from Germany

In 2018, the electrical insulating fittings exports from Germany stood at X tonnes, going up by X% against the previous year. Overall, electrical insulating fittings exports continue to indicate a pronounced expansion. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, electrical insulating fittings exports reached their maximum in 2018 and are likely to continue its growth in the near future.

In value terms, electrical insulating fittings exports stood at $X in 2018. Overall, electrical insulating fittings exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, electrical insulating fittings exports reached their maximum in 2018 and are expected to retain its growth in the near future.

Exports by Country

China (X tonnes), Romania (X tonnes) and the Czech Republic (X tonnes) were the main destinations of electrical insulating fittings exports from Germany, together accounting for X% of total exports. These countries were followed by Hungary, Morocco, Tunisia, Poland, Mexico, Belgium, the U.S., Italy and Macedonia, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Macedonia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electrical insulating fittings exported from Germany were China ($X), Romania ($X) and the Czech Republic ($X), together comprising X% of total exports. These countries were followed by Hungary, Morocco, Poland, Mexico, Tunisia, the U.S., Italy, Macedonia and Belgium, which together accounted for a further X terms of the main countries of destination, Macedonia (+X% per year) experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electrical insulating fittings export price stood at $X per tonne in 2018, remaining constant against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2009 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for electrical insulating fittings of plastics attained their maximum in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic, while the prices for the other major destinations experienced more modest paces of growth.

Electrical Insulating Fittings Imports

Imports into Germany

Electrical insulating fittings imports into Germany stood at X tonnes in 2018, jumping by X% against the previous year. Overall, electrical insulating fittings imports continue to indicate a strong expansion. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, electrical insulating fittings imports reached their maximum in 2018 and are likely to continue its growth in the immediate term.

In value terms, electrical insulating fittings imports stood at $X in 2018. Over the period under review, the total imports indicated a measured expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, electrical insulating fittings imports decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. In that year, electrical insulating fittings imports reached their peak of $X. From 2014 to 2018, the growth of electrical insulating fittings imports remained at a somewhat lower figure.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of electrical insulating fittings to Germany, accounting for a X% share of total imports. Moreover, electrical insulating fittings imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), threefold. Switzerland (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Switzerland (+X% per year).

In value terms, China ($X), the U.S. ($X) and Hungary ($X) were the largest electrical insulating fittings suppliers to Germany, with a combined X% share of total imports.

Among the main suppliers, China recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average electrical insulating fittings import price amounted to $X per tonne, coming down by -X% against the previous year. Over the period under review, the electrical insulating fittings import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for electrical insulating fittings of plastics attained their peak figure at $X per tonne in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Hungary ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Hungary, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform