Latest Report Update: Jul 25, 2021

Republic of Korea - Electrical Insulating Fittings Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Republic of Korea: Electrical Insulating Fittings Market Overview 2021

Webinar: Global Lithium Carbonate Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global lithium carbonate market.

Thursday, September 30th, 2021 @ 10:00 am ET

Register Now

Electrical Insulating Fittings Market Size in Republic of Korea

The South Korean electrical insulating fittings market soared to $X in 2020, with an increase of X% against the previous year. Overall, the total consumption indicated a perceptible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Electrical Insulating Fittings Production in Republic of Korea

In value terms, electrical insulating fittings production rose significantly to $X in 2020 estimated in export prices. In general, the total production indicated a strong expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2015 indices. The growth pace was the most rapid in 2012 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2013 to 2020, production growth failed to regain the momentum.

Electrical Insulating Fittings Exports

Exports from Republic of Korea

Electrical insulating fittings exports from South Korea stood at X units in 2020, picking up by X% against 2019 figures. In general, total exports indicated temperate growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Exports peaked at X units in 2011; however, from 2012 to 2020, exports remained at a lower figure.

In value terms, electrical insulating fittings exports expanded markedly to $X in 2020. Over the period under review, total exports indicated a pronounced expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

China (X units), Viet Nam (X units) and Thailand (X units) were the main destinations of electrical insulating fittings exports from South Korea, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Viet Nam (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Viet Nam ($X) and Thailand ($X) appeared to be the largest markets for electrical insulating fittings exported from South Korea worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Viet Nam (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average electrical insulating fittings export price amounted to $X per unit, waning by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. The export price peaked at $X per unit in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was China ($X per unit), while the average price for exports to Indonesia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Electrical Insulating Fittings Imports

Imports into Republic of Korea

In 2020, after two years of decline, there was significant growth in supplies from abroad of electrical insulating fittings of plastics, when their volume increased by X% to X units. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at X units in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

In value terms, electrical insulating fittings imports surged to $X in 2020. Overall, imports continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

Viet Nam (X units), China (X units) and the U.S. (X units) were the main suppliers of electrical insulating fittings imports to South Korea, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Viet Nam, while imports for the other leaders experienced more modest paces of growth.

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

In terms of the main suppliers, Viet Nam (+X% per year) recorded the highest growth rate of 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 electrical insulating fittings import price stood at $X per unit in 2020, almost unchanged from the previous year. In general, import price indicated noticeable growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, electrical insulating fittings import price increased by +X% against 2009 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per unit in 2019, and then declined modestly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per unit), while the price for the U.S. ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Product coverage:
• Prodcom 27331430 - Insulating fittings of plastic, for electrical machines, a ppliances or equipment (excluding electrical insulators)

This report provides an in-depth analysis of the electrical insulating fittings market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• South Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Republic of Korea
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

Webinar: Global Lithium Carbonate Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global lithium carbonate market.



Thursday, September 30th, 2021 @ 10:00 am ET


Register

Webinar: Global Beef Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global beef market.



Thursday, September 16th, 2021 @ 10:00 am ET


Register

Webinar: Global Cement Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global cement market.



Thursday, September 23rd, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data