Italy - Electrical Insulators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectrical Insulator Price in Italy - 2023
Contents:
- Electrical Insulator Price in Italy (FOB) - 2022
- Electrical Insulator Price in Italy (CIF) - 2023
- Electrical Insulator Exports in Italy
- Electrical Insulator Imports in Italy
Electrical Insulator Price in Italy (FOB) - 2022
The average electrical insulator export price stood at $18 per unit in 2022, shrinking by -27.4% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 32% against the previous year. As a result, the export price reached the peak level of $25 per unit, and then contracted sharply in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($79 per unit), while the average price for exports to Thailand ($5 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 Saudi Arabia (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.
Electrical Insulator Price in Italy (CIF) - 2023
The average electrical insulator import price stood at $276 per thousand units in August 2023, which is down by -18.6% against the previous month. Overall, import price indicated noticeable growth from August 2022 to August 2023: its price increased at an average monthly rate of +2.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, electrical insulator import price decreased by -23.7% against June 2023 indices. The growth pace was the most rapid in December 2022 when the average import price increased by 52% m-o-m. The import price peaked at $418 per thousand units in March 2023; however, from April 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Hungary ($833 per thousand units), while the price for China ($132 per thousand units) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Hungary (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Electrical Insulator Exports in Italy
Electrical insulator exports from Italy skyrocketed to 10M units in 2022, with an increase of 52% on the year before. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable 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.
In value terms, electrical insulator exports expanded markedly to $185M in 2022. The total export value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations 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 Italy (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 9.0 | 9.6 | 9.3 | 20.5 | 31.6% |
France | 12.1 | 12.7 | 19.1 | 17.2 | 12.4% |
Canada | 14.1 | 14.7 | 13.7 | 16.9 | 6.2% |
Saudi Arabia | 1.3 | 8.7 | 14.4 | 16.3 | 132.3% |
United Kingdom | 8.9 | 7.8 | 7.3 | 8.2 | -2.7% |
Malaysia | 4.6 | 4.4 | 1.2 | 3.7 | -7.0% |
Thailand | 3.5 | 2.3 | 1.8 | 3.4 | -1.0% |
Indonesia | 7.0 | 3.0 | 0.8 | 1.3 | -42.9% |
Norway | 2.1 | 2.0 | 0.8 | 0.4 | -42.5% |
Others | 90.5 | 99.5 | 99.4 | 96.9 | 2.3% |
Total | 153 | 165 | 168 | 185 | 6.5% |
Top Export Markets for Electrical Insulator from Italy in 2022:
- Norway (undefinedM units)
- United States (2.7M units)
- Canada (2.4M units)
- France (0.8M units)
- United Kingdom (0.8M units)
- Malaysia (0.7M units)
- Thailand (0.7M units)
- Saudi Arabia (0.2M units)
- Indonesia (0.1M units)
Electrical Insulator Imports in Italy
For the fourth year in a row, Italy recorded growth in supplies from abroad of electrical insulators, which increased by 31% to 1.8M units in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 83%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, electrical insulator imports expanded notably to $102M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +59.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 22%. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Electrical Insulator in Italy (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 18.4 | 22.5 | 27.5 | 37.7 | 27.0% |
Germany | 5.3 | 8.7 | 5.7 | 6.9 | 9.2% |
Spain | 4.3 | 1.6 | 7.7 | 5.8 | 10.5% |
Romania | 1.9 | 3.0 | 4.3 | 5.0 | 38.1% |
Portugal | 3.6 | 3.4 | 5.3 | 4.8 | 10.1% |
Argentina | 0.7 | 1.2 | 2.3 | 3.5 | 71.0% |
Slovakia | 2.0 | 3.5 | 3.1 | 2.3 | 4.8% |
Turkey | 4.9 | 5.4 | 1.1 | 1.2 | -37.4% |
Tunisia | 1.4 | 1.3 | 1.7 | 1.1 | -7.7% |
Netherlands | 0.7 | 1.5 | 0.9 | 0.9 | 8.7% |
Canada | 0.3 | 0.3 | 0.4 | 0.5 | 18.6% |
Others | 20.2 | 23.7 | 33.0 | 32.2 | 16.8% |
Total | 63.7 | 76.0 | 93.1 | 102 | 17.0% |
Top Suppliers of Electrical Insulator to Italy in 2022:
- China (742.1K units)
- Canada (255.5K units)
- Spain (148.2K units)
- Romania (126.8K units)
- Portugal (122.0K units)
- Netherlands (89.9K units)
- Argentina (88.9K units)
- Slovakia (58.8K units)
- Turkey (29.5K units)
- Tunisia (25.9K units)
- Germany (23.8K units)
This report provides an in-depth analysis of the electrical insulator market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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 electrical insulator market in Italy.
This report provides an in-depth analysis of the ceramic electrical insulator market in Italy.
This report provides an in-depth analysis of the glass electrical insulator market in Italy.
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 Italy.
This report provides an in-depth analysis of the ceramic electrical insulator market in Italy.
This report provides an in-depth analysis of the glass electrical insulator market in Italy.
This report provides an in-depth analysis of the global electrical insulator market.
Between April 2023 and October 2023, the export growth of Glass Electrical Insulators failed to pick up steam. The value of exports saw a significant decline, dropping to $4M in October 2023.
The price of Glass Electrical Insulator in Italy, stated as $7.4 per unit (FOB), decreased by -2.9% in June 2023 compared to the previous month.
Between April 2023 and October 2023, the export growth of Glass Electrical Insulators failed to pick up steam. The value of exports saw a significant decline, dropping to $4M in October 2023.
The price of Glass Electrical Insulator in Italy, stated as $7.4 per unit (FOB), decreased by -2.9% in June 2023 compared to the previous month.