MERCOSUR: Glass Electrical Insulator Market 2024

Glass Electrical Insulator Market Size in MERCOSUR

The MERCOSUR glass electrical insulator market stood at $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, showed a pronounced slump. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Glass Electrical Insulator Production in MERCOSUR

In value terms, glass electrical insulator production stood at $X in 2022 estimated in export price. In general, production, however, saw a deep slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Glass Electrical Insulator Exports

Exports in MERCOSUR

In 2022, after five years of decline, there was significant growth in overseas shipments of glass electrical insulators, when their volume increased by X% to X units. Overall, exports, however, showed a sharp slump. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, glass electrical insulator exports surged to $X in 2022. In general, exports, however, saw a sharp descent. The pace of growth appeared the most rapid in 2016 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

In 2022, Chile (X units) was the key exporter of glass electrical insulators, making up X% of total exports. It was distantly followed by Brazil (X units), making up a X% share of total exports.

Chile was also the fastest-growing in terms of the glass electrical insulators exports, with a CAGR of X% from 2012 to 2022. Brazil (X%) illustrated a downward trend over the same period. Chile (X p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest glass electrical insulator supplying countries in MERCOSUR were Chile ($X) and Brazil ($X).

Chile, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Chile stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%).

Glass Electrical Insulator Imports

Imports in MERCOSUR

In 2022, the amount of glass electrical insulators imported in MERCOSUR amounted to X units, with an increase of X% on 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, glass electrical insulator imports amounted to $X in 2022. In general, imports, however, continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Brazil was the major importing country with an import of about X units, which amounted to X% of total imports. Chile (X units) ranks second in terms of the total imports with a X% share, followed by Colombia (X%) and Paraguay (X%). The following importers - Peru (X units) and Uruguay (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to glass electrical insulator imports into Brazil stood at X%. At the same time, Colombia (X%) and Chile (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Paraguay experienced a relatively flat trend pattern. By contrast, Uruguay (X%) and Peru (X%) illustrated a downward trend over the same period. Brazil (X p.p.), Colombia (X p.p.) and Chile (X p.p.) significantly strengthened its position in terms of the total imports, while Uruguay and Peru saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported glass electrical insulators in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Chile ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

In Brazil, glass electrical insulator imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Chile (X% per year) and Colombia (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, surging by X% against the previous year. Overall, the import price, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Peru ($X per unit) and Colombia ($X per unit), while Paraguay ($X per unit) and Uruguay ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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