United Kingdom: Ceramic Electrical Insulator Market 2024

Ceramic Electrical Insulator Market Size in the UK

In 2022, after four years of decline, there was significant growth in the UK ceramic electrical insulator market, when its value increased by X% to $X. Over the period under review, consumption, however, saw a deep downturn. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Ceramic Electrical Insulator Production in the UK

In value terms, ceramic electrical insulator production shrank slightly to $X in 2022 estimated in export price. In general, production recorded a deep slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Ceramic Electrical Insulator Exports

Exports from the UK

In 2022, overseas shipments of electrical insulators of ceramics were finally on the rise to reach X units for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, recorded a abrupt shrinkage. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, ceramic electrical insulator exports amounted to $X in 2022. Overall, exports, however, faced a deep slump. The pace of growth was the most pronounced in 2019 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Oman (X units) was the main destination for ceramic electrical insulator exports from the UK, with a X% share of total exports. Moreover, ceramic electrical insulator exports to Oman exceeded the volume sent to the second major destination, the United States (X units), threefold. Germany (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Oman amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Germany (X% per year).

In value terms, Oman ($X), the United States ($X) and Germany ($X) appeared to be the largest markets for ceramic electrical insulator exported from the UK worldwide, with a combined X% share of total exports. The United Arab Emirates, Romania, China, Denmark, Saudi Arabia, Kuwait, Norway, Poland, Nigeria and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Denmark, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average ceramic electrical insulator export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price, however, posted slight growth. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Nigeria ($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 Norway (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Electrical Insulator Imports

Imports into the UK

In 2022, ceramic electrical insulator imports into the UK skyrocketed to X units, with an increase of X% compared with 2021. Overall, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, ceramic electrical insulator imports soared to $X in 2022. In general, total imports indicated a moderate 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. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and France (X units) were the main suppliers of ceramic electrical insulator imports to the UK, with a combined X% share of total imports. The United States, Hungary, Japan, Italy and India lagged somewhat behind, together accounting for a further X%.

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

In value terms, China ($X), Germany ($X) and France ($X) constituted the largest ceramic electrical insulator suppliers to the UK, with a combined X% share of total imports. The United States, Japan, Hungary, Italy and India lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, India, 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 2022, waning by X% against the previous year. In general, the import price showed a perceptible decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($X per unit) and the United States ($X per unit), while the price for India ($X per unit) and Hungary ($X per unit) were 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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