Price for Electrical Insulators of Any Material in Sweden - 2023

Price for Electrical Insulators of Any Material in Sweden (CIF) - 2022

The average import price for electrical insulators of any materials stood at $0.5 per unit in 2022, approximately reflecting the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electrical insulators of any material import price increased by +57.8% against 2018 indices. The growth pace was the most rapid in 2021 an increase of 24% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($0.8 per unit), while the price for Spain ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Insulators of Any Material in Sweden (FOB) - 2023

In October 2023, the average export price for electrical insulators of any materials amounted to $1.9 per unit, increasing by 13% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 160% against the previous month. As a result, the export price reached the peak level of $4.1 per unit. From January 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($12.6 per unit), while the average price for exports to India ($31.0 per thousand units) 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 the United States (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Insulators of Any Material in Sweden

In 2022, after two years of decline, there was significant growth in supplies from abroad of electrical insulators of any materials, when their volume increased by 8.6% to 59M units. Over the period under review, imports, however, saw a deep contraction. Imports peaked at 77M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, electrical insulators of any material imports expanded rapidly to $28M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Electrical Insulators of Any Material in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	13.8	13.6	9.6	13.4	-1.0%
Germany	2.8	2.5	5.0	3.2	4.6%
Poland	1.8	1.9	2.4	2.0	3.6%
Italy	0.4	0.3	0.9	1.4	51.8%
Austria	0.5	0.5	0.6	1.3	37.5%
Slovakia	0.2	0.3	0.2	0.7	51.8%
Spain	0.6	1.2	0.3	0.5	-5.9%
Others	5.5	6.8	6.9	5.8	1.8%
Total	25.6	27.1	25.9	28.3	3.4%

Top Suppliers of Electrical Insulators of Any Material to Sweden in 2022:

China (36.4M units)
Poland (4.8M units)
Germany (4.6M units)
Italy (2.6M units)
Spain (1.9M units)
Slovakia (1.7M units)
Austria (1.6M units)

Exports of Electrical Insulators of Any Material in Sweden

In 2022, approx. 3.3M units of electrical insulators of any materials were exported from Sweden; falling by -1.7% compared with the previous year's figure. Over the period under review, exports saw a sharp slump. Over the period under review, the exports attained the peak figure at 6.6M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, electrical insulators of any material exports surged to $8.6M in 2022. In general, exports saw a abrupt decrease. The exports peaked at $11M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Electrical Insulators of Any Material in Sweden (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	2,217	323	516	1,908	-4.9%
United Kingdom	892	2,213	70.1	1,272	12.6%
United States	1,944	1,650	2,032	1,089	-17.6%
Turkey	9.8	46.8	5.3	916	353.8%
Switzerland	413	977	511	650	16.3%
Vietnam	N/A	34.8	261	275	181.1%
Germany	714	66.7	306	265	-28.1%
India	2,733	1,118	66.0	132	-63.6%
China	270	41.6	94.8	34.2	-49.8%
Italy	378	319	2.2	3.9	-78.2%
Others	1,570	2,666	2,030	2,025	8.9%
Total	11,140	9,455	5,894	8,570	-8.4%