United Arab Emirates: Glass Electrical Insulator Market 2024

Glass Electrical Insulator Market Size in the United Arab Emirates

The glass electrical insulator market in the United Arab Emirates declined notably to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then reduced remarkably in the following year.

Glass Electrical Insulator Production in the United Arab Emirates

In value terms, glass electrical insulator production declined 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. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

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Glass Electrical Insulator Exports

Exports from the United Arab Emirates

In 2022, the amount of glass electrical insulators exported from the United Arab Emirates soared to X units, picking up by X% against the year before. Overall, exports continue to indicate a strong increase. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, glass electrical insulator exports skyrocketed to $X in 2022. Over the period under review, exports recorded strong growth. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units) was the main destination for glass electrical insulator exports from the United Arab Emirates, with a X% share of total exports. Moreover, glass electrical insulator exports to Saudi Arabia exceeded the volume sent to the second major destination, Kazakhstan (X units), more than tenfold. The third position in this ranking was taken by China (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and China (X% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for glass electrical insulators exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports. It was followed by Nigeria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Nigeria (X% per year).

Export Prices by Country

The average glass electrical insulator export price stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price showed a perceptible downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to China ($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 Angola (X%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Electrical Insulator Imports

Imports into the United Arab Emirates

In 2022, approx. X units of glass electrical insulators were imported into the United Arab Emirates; which is down by X% compared with the year before. In general, total imports indicated a modest increase 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then fell remarkably in the following year.

In value terms, glass electrical insulator imports fell significantly to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then contracted rapidly in the following year.

Imports by Country

In 2022, Canada (X units) constituted the largest glass electrical insulator supplier to the United Arab Emirates, with a X% share of total imports. Moreover, glass electrical insulator imports from Canada exceeded the figures recorded by the second-largest supplier, India (X units), fourfold. The third position in this ranking was taken by China (X units), with an X% share.

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

In value terms, Canada ($X), India ($X) and China ($X) appeared to be the largest glass electrical insulator suppliers to the United Arab Emirates, with a combined X% share of total imports.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glass electrical insulator import price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the import price saw a slight shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 India ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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