U.S. - Electrical Insulating Fittings Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectrical Insulating Fittings Price in the United States - 2023
Contents:
- Electrical Insulating Fittings Price in the United States (FOB) - 2023
- Electrical Insulating Fittings Price in the United States (CIF) - 2022
- Electrical Insulating Fittings Exports in the United States
- Electrical Insulating Fittings Imports in the United States
Electrical Insulating Fittings Price in the United States (FOB) - 2023
In October 2023, the average electrical insulating fittings export price amounted to $171K per ton, surging by 5.8% against the previous month. Over the period under review, the export price, however, showed a perceptible descent. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 33% m-o-m. Over the period under review, the average export prices hit record highs at $351K per ton in November 2022; however, from December 2022 to October 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was China ($182K per ton), while the average price for exports to Mexico ($89,362 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-4.8%), while the prices for the other major destinations experienced a decline.
Electrical Insulating Fittings Price in the United States (CIF) - 2022
In 2022, the average electrical insulating fittings import price amounted to $19,396 per ton, reducing by -2.5% against the previous year. In general, the import price saw a noticeable descent. The most prominent rate of growth was recorded in 2018 an increase of 8% against the previous year. As a result, import price attained the peak level of $29,904 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($50,464 per ton), while the price for Taiwan (Chinese) ($5,919 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Electrical Insulating Fittings Exports in the United States
In 2022, shipments abroad of electrical insulating fittings of plastics was finally on the rise to reach 2.3K tons after two years of decline. In general, exports, however, recorded a drastic downturn.
In value terms, electrical insulating fittings exports skyrocketed to $203M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.6% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Electrical Insulating Fittings in the United States (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 73.0 | 72.8 | 89.3 | 96.4 | 9.7% |
China | 4.8 | 8.9 | 14.8 | 20.0 | 60.9% |
Hungary | N/A | 0.1 | 0.1 | 15.4 | 1141.0% |
Singapore | 4.0 | 6.1 | 5.7 | 12.8 | 47.4% |
South Korea | 4.3 | 10.9 | 13.0 | 11.7 | 39.6% |
Canada | 6.4 | 6.7 | 7.1 | 9.4 | 13.7% |
Germany | 5.7 | 4.0 | 4.3 | 8.8 | 15.6% |
France | 1.8 | 1.6 | 1.9 | 3.3 | 22.4% |
Hong Kong SAR | 0.8 | 1.8 | 2.2 | 3.3 | 60.4% |
Japan | 3.0 | 3.1 | 2.1 | 3.2 | 2.2% |
United Kingdom | 2.4 | 2.5 | 1.7 | 2.1 | -4.4% |
Others | 11.5 | 12.2 | 13.5 | 16.8 | 13.5% |
Total | 118 | 131 | 156 | 203 | 19.8% |
Top Export Markets for Electrical Insulating Fittings from the United States in 2022:
- China (734.1 tons)
- Hungary (565.3 tons)
- Mexico (372.6 tons)
- France (122.3 tons)
- Hong Kong SAR (119.7 tons)
- United Kingdom (76.5 tons)
- Singapore (49.4 tons)
- South Korea (45.4 tons)
- Canada (36.3 tons)
- Germany (34.0 tons)
- Japan (12.5 tons)
Electrical Insulating Fittings Imports in the United States
In 2022, the amount of electrical insulating fittings of plastics imported into the United States skyrocketed to 6.4K tons, increasing by 29% compared with the previous year. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, electrical insulating fittings imports surged to $125M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; however, 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.
Import of Electrical Insulating Fittings in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 22.3 | 18.1 | 24.3 | 36.8 | 18.2% |
Germany | 11.6 | 10.1 | 13.9 | 17.7 | 15.1% |
Japan | 21.5 | 20.5 | 17.0 | 14.9 | -11.5% |
Mexico | 10.6 | 8.0 | 9.1 | 8.5 | -7.1% |
Switzerland | 5.8 | 6.5 | 6.3 | 7.7 | 9.9% |
India | 5.4 | 4.3 | 4.3 | 7.2 | 10.1% |
Taiwan (Chinese) | 4.9 | 4.2 | 5.1 | 6.3 | 8.7% |
France | 2.7 | 2.5 | 1.8 | 3.5 | 9.0% |
Others | 17.6 | 18.5 | 17.5 | 22.5 | 8.5% |
Total | 102 | 92.7 | 99.3 | 125 | 7.0% |
Top Suppliers of Electrical Insulating Fittings to the United States in 2022:
- Japan (1672.5 tons)
- China (1648.2 tons)
- Taiwan (Chinese) (1057.1 tons)
- Germany (603.8 tons)
- Mexico (363.0 tons)
- Switzerland (267.6 tons)
- France (138.5 tons)
- India (115.3 tons)
This report provides an in-depth analysis of the electrical insulating fittings market in the U.S.. 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)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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This report provides an in-depth analysis of the global insulating fittings market.
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This report provides an in-depth analysis of the electrical insulating fittings market in the U.S..
This report provides an in-depth analysis of the insulating fittings market in the U.S..
This report provides an in-depth analysis of the ceramic insulating fittings market in the U.S..
This report provides an in-depth analysis of the global electrical insulating fittings market.
Explore the top import markets for electrical insulating fittings in 2023. Learn about the key players driving the global demand for these essential components.
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
Explore the top import markets for electrical insulating fittings in 2023. Learn about the key players driving the global demand for these essential components.
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...