Middle East: Ceramic Electrical Insulator Market 2024

Ceramic Electrical Insulator Market Size in the Middle East

The Middle Eastern ceramic electrical insulator market rose to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a buoyant expansion 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Ceramic Electrical Insulator Production in the Middle East

In value terms, ceramic electrical insulator production rose to $X in 2022 estimated in export price. Over the period under review, production showed prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Ceramic Electrical Insulator Exports

Exports in the Middle East

In 2022, the amount of electrical insulators of ceramics exported in the Middle East fell sharply to X units, declining by X% against the previous year's figure. Overall, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, ceramic electrical insulator exports dropped significantly to $X in 2022. In general, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. 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, Turkey (X units) represented the largest exporter of electrical insulators of ceramics, creating X% of total exports. It was distantly followed by the United Arab Emirates (X units), constituting a X% share of total exports. Israel (X units) followed a long way behind the leaders.

Exports from Turkey decreased at an average annual rate of X% from 2012 to 2022. At the same time, Israel (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey and Israel increased by X and X percentage points, respectively.

In value terms, Turkey ($X) remains the largest ceramic electrical insulator supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Israel (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the United Arab Emirates ($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 United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Ceramic Electrical Insulator Imports

Imports in the Middle East

After two years of growth, supplies from abroad of electrical insulators of ceramics decreased by X% to X units in 2022. Overall, imports saw a deep setback. The growth pace was the most rapid in 2020 when imports increased by X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, ceramic electrical insulator imports declined rapidly to $X in 2022. Over the period under review, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Iran (X units) and Turkey (X units) represented the key importers of electrical insulators of ceramics in 2022, recording near X% and X% of total imports, respectively. It was distantly followed by Kuwait (X units), Iraq (X units) and Oman (X units), together creating a X% share of total imports. Israel (X units) and Yemen (X units) took a relatively small share of total imports.

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

In value terms, Turkey ($X) constitutes the largest market for imported electrical insulators of ceramics in the Middle East, comprising X% of total imports. The second position in the ranking was held by Iraq ($X), with an X% share of total imports. It was followed by Iran, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to X%. In the other countries, the average annual rates were as follows: Iraq (X% per year) and Iran (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2019 when the import price increased by X%. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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