Republic of Korea - Insulating Fittings For Electrical Purposes Of Ceramics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCeramic Insulating Fittings Price in South Korea - 2022
Contents:
- Ceramic Insulating Fittings Price in South Korea (FOB) - 2022
- Ceramic Insulating Fittings Price in South Korea (CIF) - 2022
- Ceramic Insulating Fittings Exports in South Korea
- Ceramic Insulating Fittings Imports in South Korea
Ceramic Insulating Fittings Price in South Korea (FOB) - 2022
In 2022, the average ceramic insulating fittings export price amounted to $0.6 per unit, with a decrease of -1.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2020 an increase of 11%. Over the period under review, the average export prices attained the maximum at $0.6 per unit in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1.1 per unit), while the average price for exports to the Czech Republic ($0.2 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 France (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Ceramic Insulating Fittings Price in South Korea (CIF) - 2022
The average ceramic insulating fittings import price stood at $0.3 per unit in 2022, surging by 7.8% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ceramic insulating fittings import price increased by +105.6% against 2012 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 30% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
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 Japan ($1.6 per unit), while the price for China ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Ceramic Insulating Fittings Exports in South Korea
For the third consecutive year, South Korea recorded decline in shipments abroad of insulating fittings for electrical purposes of ceramics, which decreased by -8.7% to 96M units in 2022. Over the period under review, exports showed a noticeable decrease. The smallest decline of -2.1% was in 2021. Over the period under review, the exports attained the maximum at 112M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, ceramic insulating fittings exports declined to $53M in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 7%. The exports peaked at $60M in 2021, and then declined in the following year.
Export of Ceramic Insulating Fittings in South Korea (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 16.3 | 14.2 | 18.0 | 16.5 | 0.4% |
Germany | 10.7 | 11.3 | 12.6 | 10.0 | -2.2% |
Japan | 6.8 | 8.6 | 5.9 | 4.1 | -15.5% |
United States | 4.9 | 3.9 | 3.8 | 3.9 | -7.3% |
France | 4.9 | 2.9 | 3.1 | 3.6 | -9.8% |
Hong Kong SAR | 1.2 | 1.7 | 2.6 | 2.5 | 27.7% |
Malaysia | 1.4 | 1.2 | 1.3 | 0.9 | -13.7% |
Thailand | 0.8 | 1.1 | 0.8 | 0.9 | 4.0% |
Czech Republic | 0.4 | 0.3 | 0.6 | 0.8 | 26.0% |
Others | 5.6 | 11.8 | 10.8 | 10.2 | 22.1% |
Total | 53.1 | 56.8 | 59.6 | 53.4 | 0.2% |
Top Export Markets for Ceramic Insulating Fittings from South Korea in 2022:
- China (27.4M units)
- Germany (21.1M units)
- Hong Kong SAR (10.7M units)
- United States (7.4M units)
- Japan (7.1M units)
- Czech Republic (4.7M units)
- France (3.2M units)
- Malaysia (2.7M units)
- Thailand (2.4M units)
Ceramic Insulating Fittings Imports in South Korea
After three years of growth, supplies from abroad of insulating fittings for electrical purposes of ceramics decreased by -15.2% to 40M units in 2022. The total import volume increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, imports attained the peak of 48M units, and then dropped significantly in the following year.
In value terms, ceramic insulating fittings imports declined to $13M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 30% against the previous year. Over the period under review, imports hit record highs at $14M in 2021, and then shrank in the following year.
Import of Ceramic Insulating Fittings in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.8 | 6.1 | 6.3 | 6.4 | 10.1% |
Japan | 2.1 | 1.5 | 4.0 | 4.5 | 28.9% |
Vietnam | N/A | N/A | 0.2 | 0.5 | 150.0% |
Germany | 0.6 | 0.5 | 0.4 | 0.3 | -20.6% |
Taiwan (Chinese) | 0.2 | 0.9 | 0.5 | 0.1 | -20.6% |
Others | 1.1 | 2.6 | 3.0 | 1.3 | 5.7% |
Total | 8.9 | 11.6 | 14.4 | 13.2 | 14.0% |
Top Suppliers of Ceramic Insulating Fittings to South Korea in 2022:
- China (35.4M units)
- Japan (2.8M units)
- Vietnam (1.1M units)
- Taiwan (Chinese) (0.3M units)
- Germany (0.2M units)
This report provides an in-depth analysis of the ceramic 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 2030.
Product coverage:
- Prodcom 23431050 - Insulating fittings for electrical purposes, of ceramics
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the ceramic insulating fittings market in Republic of Korea.
This report provides an in-depth analysis of the electrical insulating fittings market in Republic of Korea.
This report provides an in-depth analysis of the insulating fittings market in Republic of Korea.
This report provides an in-depth analysis of the global ceramic insulating fittings market.
This report provides an in-depth analysis of the global electrical insulating fittings market.
This report provides an in-depth analysis of the global insulating fittings market.
This report provides an in-depth analysis of the ceramic insulating fittings market in Republic of Korea.
This report provides an in-depth analysis of the electrical insulating fittings market in Republic of Korea.
This report provides an in-depth analysis of the insulating fittings market in Republic of Korea.
This report provides an in-depth analysis of the global ceramic insulating fittings market.
In value terms, electrical insulators of any material imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend p...
In value terms, electrical insulators of any material exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern r...
In 2016, the global electrical insulating fittings imports stood at X tons, descending by -X% against the previous year figure. In general, electrical insulating fittings imports continue to i...
In 2016, the global electrical insulating fittings imports stood at X tons, descending by -X% against the previous year figure. In general, electrical insulating fittings imports continue to i...
Germany continued its dominance in the global electrical insulating plastic fittings trade. In 2014, Germany exported X thousand tons of electrical insulating plastic fittings totaling X million USD, X% over the previous year. Its primary tradi
In value terms, electrical insulators of any material imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend p...
In value terms, electrical insulators of any material exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern r...
In 2016, the global electrical insulating fittings imports stood at X tons, descending by -X% against the previous year figure. In general, electrical insulating fittings imports continue to i...
In 2016, the global electrical insulating fittings imports stood at X tons, descending by -X% against the previous year figure. In general, electrical insulating fittings imports continue to i...
Germany continued its dominance in the global electrical insulating plastic fittings trade. In 2014, Germany exported X thousand tons of electrical insulating plastic fittings totaling X million USD, X% over the previous year. Its primary tradi