Italy: Ceramic Electrical Insulator Market 2024

Ceramic Electrical Insulator Market Size in Italy

The Italian ceramic electrical insulator market contracted rapidly to $X in 2022, declining by X% against the previous year. Over the period under review, consumption recorded a abrupt shrinkage. Ceramic electrical insulator consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Ceramic Electrical Insulator Production in Italy

In value terms, ceramic electrical insulator production soared to $X in 2022 estimated in export price. Over the period under review, production showed a deep contraction. Ceramic electrical insulator production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Ceramic Electrical Insulator Exports

Exports from Italy

In 2022, the amount of electrical insulators of ceramics exported from Italy totaled less than X units, approximately mirroring 2021. In general, exports faced a abrupt slump. The smallest decline of X% was in 2018. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, ceramic electrical insulator exports skyrocketed to $X in 2022. Overall, total exports indicated tangible growth 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland (X units), Bulgaria (X units) and Singapore (X units) were the main destinations of ceramic electrical insulator exports from Italy, with a combined X% share of total exports. Spain, Hungary, Myanmar, Libya, Croatia, Austria, Turkey, the UK, Morocco and France lagged somewhat behind, together comprising a further X%.

From 2017 to 2018, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Singapore ($X) and Poland ($X) appeared to be the largest markets for ceramic electrical insulator exported from Italy worldwide, together accounting for X% of total exports. Hungary, Spain, Croatia, the UK, Turkey, France, Austria, Myanmar, Morocco and Libya lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

The average ceramic electrical insulator export price stood at $X per unit in 2018, growing by X% against the previous year. Over the period from 2017 to 2018, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($X per unit), while the average price for exports to Libya ($X per unit) was amongst the lowest.

From 2017 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Electrical Insulator Imports

Imports into Italy

In 2022, imports of electrical insulators of ceramics into Italy was estimated at less than X units, flattening at 2021. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, ceramic electrical insulator imports rose remarkably to $X in 2022. Over the period under review, total imports indicated slight growth 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, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2018, China (X units) constituted the largest ceramic electrical insulator supplier to Italy, accounting for a X% share of total imports. Moreover, ceramic electrical insulator imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), sixfold. Slovakia (X units) ranked third in terms of total imports with a X% share.

From 2017 to 2018, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and Slovakia (X% per year).

In value terms, China ($X) constituted the largest supplier of electrical insulators of ceramics to Italy, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by Portugal, with an X% share.

From 2017 to 2018, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Portugal (X% per year).

Import Prices by Country

In 2018, the average ceramic electrical insulator import price amounted to $X per unit, increasing by X% against the previous year. Over the period from 2017 to 2018, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2017 to 2018, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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