Report World - Electrical Insulating Fittings of Plastics - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 13, 2023

World - Electrical Insulating Fittings of Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Global Electrical Insulating Fittings Market 2023

Electrical Insulating Fittings Market Size

The global electrical insulating fittings market was estimated at $X in 2021, remaining stable against the previous year. Overall, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +94.3% against 2012 indices. Global consumption peaked in 2021 and is likely to continue growth in the near future.

Electrical Insulating Fittings Production

In value terms, electrical insulating fittings production contracted modestly to $X in 2021 estimated in export price. In general, the total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +79.1% against 2012 indices. The pace of growth was the most pronounced in 2018 with an increase of 22% against the previous year. Over the period under review, global production hit record highs at $X in 2020, and then shrank slightly in the following year.

Electrical Insulating Fittings Exports

Exports

In 2021, after two years of decline, there was significant growth in shipments abroad of electrical insulating fittings of plastics, when their volume increased by 11% to X tons. The total export volume increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 19% against the previous year. The global exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, electrical insulating fittings exports skyrocketed to $X in 2021. In general, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Germany (X tons), distantly followed by the Czech Republic (X tons), Japan (X tons), China (X tons), Austria (X tons), Belgium (X tons), South Korea (X tons) and Hungary (X tons) were the main exporters of electrical insulating fittings of plastics, together comprising 69% of total exports. The following exporters - Italy (X tons), Poland (X tons), Thailand (X tons), France (X tons) and Spain (X tons) - together made up 13% of total exports.

From 2012 to 2021, the biggest increases were in Belgium (with a CAGR of +19.4%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest electrical insulating fittings supplier worldwide, comprising 27% of global exports. The second position in the ranking was taken by the Czech Republic ($X), with a 12% share of global exports. It was followed by Japan, with a 12% share.

From 2012 to 2021, the average annual growth rate of value in Germany amounted to +8.5%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+12.8% per year) and Japan (-0.1% per year).

Export Prices by Country

In 2021, the average electrical insulating fittings export price amounted to $X per ton, rising by 7.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 13%. The global export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Hungary ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.6%), while the other global leaders experienced more modest paces of growth.

Electrical Insulating Fittings Imports

Imports

In 2021, overseas purchases of electrical insulating fittings of plastics were finally on the rise to reach X tons after three years of decline. The total import volume increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical insulating fittings imports surged to $X in 2021. The total import value increased at an average annual rate of +4.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Czech Republic (X tons) and Germany (X tons) represented roughly 20% of total imports in 2021. It was followed by China (X tons), India (X tons) and Nigeria (X tons), together mixing up a 16% share of total imports. The following importers - Poland (X tons), Romania (X tons), Hungary (X tons), Belgium (X tons), Italy (X tons), Mexico (X tons), Vietnam (X tons) and Ukraine (X tons) - together made up 29% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Belgium (with a CAGR of +24.2%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest electrical insulating fittings importing markets worldwide were Germany ($X), China ($X) and the Czech Republic ($X), with a combined 32% share of global imports. Romania, Hungary, Vietnam, India, Ukraine, Mexico, Poland, Belgium, Italy and Nigeria lagged somewhat behind, together accounting for a further 32%.

In terms of the main importing countries, Belgium, with a CAGR of +15.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average electrical insulating fittings import price amounted to $X per ton, rising by 1.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2016 when the average import price increased by 7.6% against the previous year. Global import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical insulating fittings of plastics in the world?
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The countries with the highest volumes of consumption in 2021 were China, Brazil and Mexico, together accounting for 37% of global consumption. The United States, India, Japan, Spain, Indonesia, Turkey, Germany, Bangladesh, France and Italy lagged somewhat behind, together accounting for a further 39%.
What are the largest producers of electrical insulating fittings of plastics in the world?
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The countries with the highest volumes of production in 2021 were China, Brazil and Mexico, with a combined 38% share of global production. These countries were followed by the United States, Japan, India, Germany, Spain, Indonesia, Bangladesh, Turkey, France and South Korea, which together accounted for a further 43%.
What are the leading exporters of electrical insulating fittings of plastics in the world?
+
In value terms, Germany remains the largest electrical insulating fittings supplier worldwide, comprising 27% of global exports. The second position in the ranking was held by the Czech Republic, with a 12% share of global exports. It was followed by Japan, with a 12% share.
What are the leading importers of electrical insulating fittings of plastics in the world?
+
In value terms, Germany, China and the Czech Republic constituted the countries with the highest levels of imports in 2021, together accounting for 32% of global imports. Romania, Hungary, Vietnam, India, Ukraine, Mexico, Poland, Belgium, Italy and Nigeria lagged somewhat behind, together comprising a further 32%.
What is the average export price for electrical insulating fittings of plastics in the world?
+
The average electrical insulating fittings export price stood at $27,036 per ton in 2021, growing by 7.9% against the previous year.
What is the average import price for electrical insulating fittings of plastics in the world?
+
The average electrical insulating fittings import price stood at $21,457 per ton in 2021, surging by 1.9% against the previous year.

This report provides an in-depth analysis of the global electrical insulating fittings market. 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 2030.


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

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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