Switzerland: Glass Electrical Insulator Market 2024

Glass Electrical Insulator Market Size in Switzerland

The Swiss glass electrical insulator market reduced to $X in 2022, with a decrease of X% against the previous year. In general, the total consumption indicated a tangible 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 increased by X% against 2020 indices. Glass electrical insulator consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Glass Electrical Insulator Production in Switzerland

In value terms, glass electrical insulator production dropped to $X in 2022 estimated in export price. In general, the total production indicated a perceptible 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Glass Electrical Insulator Exports

Exports from Switzerland

In 2022, shipments abroad of glass electrical insulators decreased by X% to X units, falling for the second year in a row after three years of growth. Overall, exports showed a dramatic decline. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, glass electrical insulator exports declined dramatically to $X in 2022. Over the period under review, exports showed a drastic downturn. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Brazil (X units), Austria (X units) and Germany (X units) were the main destinations of glass electrical insulator exports from Switzerland, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for glass electrical insulator exported from Switzerland were Brazil ($X), Austria ($X) and France ($X), with a combined X% share of total exports.

Austria, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average glass electrical insulator export price stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the export price enjoyed a prominent increase. 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (X%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Electrical Insulator Imports

Imports into Switzerland

Glass electrical insulator imports into Switzerland fell markedly to X units in 2022, waning by X% against 2021. Over the period under review, total imports indicated modest growth from 2012 to 2022: its volume 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 decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, glass electrical insulator imports totaled $X in 2022. Overall, imports, however, recorded a measured increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Germany (X units) constituted the largest glass electrical insulator supplier to Switzerland, accounting for a X% share of total imports. Moreover, glass electrical insulator imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. Canada (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Canada (X% per year).

In value terms, Germany ($X) constituted the largest supplier of glass electrical insulators to Switzerland, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average glass electrical insulator import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price enjoyed a mild increase. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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