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China - Electrical Insulators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectrical Insulator Price in China - 2023
Contents:
- Electrical Insulator Price in China (FOB) - 2023
- Electrical Insulator Price in China (CIF) - 2022
- Electrical Insulator Exports in China
- Electrical Insulator Imports in China
Electrical Insulator Price in China (FOB) - 2023
The average electrical insulator export price stood at $228 per thousand units in September 2023, waning by -2.8% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 54% m-o-m. As a result, the export price attained the peak level of $0.3 per unit. From March 2023 to September 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($350 per thousand units), while the average price for exports to Tanzania ($58.0 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Electrical Insulator Price in China (CIF) - 2022
The average electrical insulator import price stood at $503 per unit in 2022, with an increase of 82% against the previous year. Over the period under review, the import price, however, saw a dramatic decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 3,817% against the previous year. The import price peaked at $17,264 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 ($2,113 per unit), while the price for Italy ($117 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-29.8%), while the prices for the other major suppliers experienced a decline.
Electrical Insulator Exports in China
Electrical insulator exports from China soared to 20M units in 2022, with an increase of 16% compared with the previous year's figure. Overall, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at 21M units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, electrical insulator exports soared to $639M in 2022. The total export value increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Electrical Insulator in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 85.9 | 89.0 | 86.7 | 129 | 14.5% |
Brazil | 54.7 | 41.4 | 36.7 | 33.5 | -15.1% |
Australia | 11.6 | 14.7 | 11.4 | 18.0 | 15.8% |
Vietnam | 11.4 | 12.7 | 17.8 | 18.0 | 16.4% |
Tanzania | 7.1 | 7.5 | 7.8 | 15.4 | 29.4% |
Indonesia | 20.9 | 8.2 | 10.9 | 13.9 | -12.7% |
Chile | 2.4 | 2.6 | 4.9 | 4.7 | 25.1% |
Djibouti | 0.6 | 0.1 | N/A | 4.6 | 97.2% |
Malaysia | 6.7 | 8.2 | 3.3 | 3.2 | -21.8% |
Algeria | N/A | N/A | 0.1 | 3.0 | 2900.0% |
Bolivia | 0.9 | 1.3 | 0.3 | 1.8 | 26.0% |
Ethiopia | 7.4 | 3.5 | 2.2 | 1.0 | -48.7% |
Afghanistan | 8.9 | 6.9 | 2.0 | 0.1 | -77.6% |
Others | 338 | 382 | 334 | 393 | 5.2% |
Total | 557 | 578 | 518 | 639 | 4.7% |
Top Export Markets for Electrical Insulator from China in 2022:
- Afghanistan (undefinedM units)
- United States (4.3M units)
- Brazil (3.0M units)
- Vietnam (2.1M units)
- Indonesia (1.1M units)
- Australia (0.7M units)
- Chile (0.7M units)
- Algeria (0.6M units)
- Tanzania (0.5M units)
- Djibouti (0.5M units)
- Bolivia (0.5M units)
- Ethiopia (0.2M units)
- Malaysia (0.2M units)
Electrical Insulator Imports in China
In 2022, purchases abroad of electrical insulators decreased by -54.4% to 245K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 637% against the previous year. Over the period under review, imports hit record highs at 537K units in 2021, and then fell dramatically in the following year.
In value terms, electrical insulator imports contracted sharply to $123M in 2022. Overall, imports faced a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 51%. As a result, imports reached the peak of $257M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Electrical Insulator in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 38.9 | 117 | 54.0 | 31.5 | -6.8% |
Italy | 10.0 | 6.7 | 17.0 | 12.6 | 8.0% |
Japan | 13.1 | 13.9 | 13.9 | 9.1 | -11.4% |
France | 4.4 | 4.9 | 4.9 | 4.2 | -1.5% |
Others | 104 | 114 | 58.7 | 65.7 | -14.2% |
Total | 170 | 257 | 149 | 123 | -10.2% |
Top Suppliers of Electrical Insulator to China in 2022:
- Italy (107.9K units)
- Sweden (85.2K units)
- France (31.9K units)
- Japan (4.3K units)
This report provides an in-depth analysis of the electrical insulator market in China. 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 27901230 - Electrical insulators (excluding of glass or ceramics)
- Prodcom 23431030 - Electrical insulators of ceramics (excluding insulating fittings)
- Prodcom 23192500 - Glass electrical insulators (excluding insulating fittings (other than insulators) for electrical machinery, appliances or equipment)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
-
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 electrical insulator market in China.
This report provides an in-depth analysis of the ceramic electrical insulator market in China.
This report provides an in-depth analysis of the glass electrical insulator market in China.
This report provides an in-depth analysis of the global electrical insulator market.
This report provides an in-depth analysis of the global ceramic electrical insulator market.
This report provides an in-depth analysis of the global glass electrical insulator market.
This report provides an in-depth analysis of the electrical insulator market in China.
This report provides an in-depth analysis of the ceramic electrical insulator market in China.
This report provides an in-depth analysis of the glass electrical insulator market in China.
This report provides an in-depth analysis of the global electrical insulator market.
Exports of Ceramic Electrical Insulator reached their highest point and are expected to keep expanding in the near future. The value of these exports soared to $24M in December 2023.
The Glass Electrical Insulator exports reached 40M units in 2013, but from 2014 to 2023, they stayed at a lower level. In terms of value, the exports surged to $107M in 2023.
The exports of Glass Electrical Insulator peaked at 40M units in 2013, but from 2014 to 2023, they remained at a slightly lower figure. In terms of value, glass electrical insulator exports increased to $107M in 2023.
In value terms, glass electrical insulator exports rose slightly to $11M in April 2023.
Exports of Ceramic Electrical Insulator reached their highest point and are expected to keep expanding in the near future. The value of these exports soared to $24M in December 2023.
The Glass Electrical Insulator exports reached 40M units in 2013, but from 2014 to 2023, they stayed at a lower level. In terms of value, the exports surged to $107M in 2023.
The exports of Glass Electrical Insulator peaked at 40M units in 2013, but from 2014 to 2023, they remained at a slightly lower figure. In terms of value, glass electrical insulator exports increased to $107M in 2023.
In value terms, glass electrical insulator exports rose slightly to $11M in April 2023.