Portugal: Ceramic Electrical Insulator Market 2024

Ceramic Electrical Insulator Market Size in Portugal

The Portuguese ceramic electrical insulator market skyrocketed to $X in 2022, picking up by X% against the previous year. Overall, consumption saw a buoyant expansion. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Ceramic Electrical Insulator Production in Portugal

In value terms, ceramic electrical insulator production rose markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Ceramic Electrical Insulator Exports

Exports from Portugal

In 2022, the amount of electrical insulators of ceramics exported from Portugal was estimated at less than X units, remaining constant against 2021. Overall, exports saw a pronounced shrinkage. The smallest decline of X% was in 2018. Over the period under review, the exports attained the peak figure 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 totaled $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Italy (X units) was the main destination for ceramic electrical insulator exports from Portugal, with a X% share of total exports. Moreover, ceramic electrical insulator exports to Italy exceeded the volume sent to the second major destination, Spain (X units), twofold. Turkey (X units) ranked third in terms of total exports with a X% share.

From 2017 to 2018, the average annual growth rate of volume to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Turkey (X% per year).

In value terms, Italy ($X) remains the key foreign market for electrical insulators of ceramics exports from Portugal, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2017 to 2018, the average annual rate of growth in terms of value to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the Netherlands (X% per year).

Export Prices by Country

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

There were significant differences in the average prices for the major external markets. In 2018, amid the top suppliers, the country with the highest price was Finland ($X per unit), while the average price for exports to Turkey ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Electrical Insulator Imports

Imports into Portugal

In 2022, imports of electrical insulators of ceramics into Portugal totaled less than X units, flattening at 2021 figures. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ceramic electrical insulator imports rose to $X in 2022. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

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

From 2017 to 2018, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

In value terms, Spain ($X), Italy ($X) and China ($X) constituted the largest ceramic electrical insulator suppliers to Portugal, with a combined X% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of X%, saw the highest rates of growth with regard to 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 average ceramic electrical insulator import price stood at $X per unit in 2018, shrinking by X% against the previous year. Over the period under review, the import price saw a abrupt decrease. The import price peaked at $X per unit in 2017, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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