China - Electrical Insulating Fittings Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

China - Electrical Insulating Fittings Of Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Electrical Insulating Fittings Price in China - 2023

Contents:

  1. Electrical Insulating Fittings Price in China (CIF) - 2023
  2. Electrical Insulating Fittings Price in China (FOB) - 2023
  3. Electrical Insulating Fittings Imports in China
  4. Electrical Insulating Fittings Exports in China

Electrical Insulating Fittings Price in China (CIF) - 2023

The average electrical insulating fittings import price stood at $35,504 per ton in September 2023, therefore, remained relatively stable against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 5.7% against the previous month. The import price peaked at $37,489 per ton in March 2023; however, from April 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($66,441 per ton), while the price for Vietnam ($21,391 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Electrical Insulating Fittings Price in China (FOB) - 2023

The average electrical insulating fittings export price stood at $14,603 per ton in September 2023, waning by -10.3% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 28% month-to-month. The export price peaked at $19,011 per ton in October 2022; however, from November 2022 to September 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($27,312 per ton), while the average price for exports to the Dominican Republic ($9,071 per ton) 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 Mexico (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Insulating Fittings Imports in China

After three years of growth, purchases abroad of electrical insulating fittings of plastics decreased by -2.4% to 14K tons in 2022. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, imports attained the peak of 15K tons, and then fell modestly in the following year.

In value terms, electrical insulating fittings imports reduced modestly to $516M in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; 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 19% against the previous year. As a result, imports reached the peak of $527M, and then fell in the following year.

Import of Electrical Insulating Fittings in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1701581861822.3%
South Korea55.752.858.362.64.0%
Germany35.837.946.342.55.9%
United States21.723.028.030.812.4%
Thailand14.318.718.317.05.9%
Hungary15.715.517.216.92.5%
Austria11.111.917.215.912.7%
Malaysia11.412.115.314.58.3%
Vietnam5.46.38.611.528.7%
Mexico10.39.411.111.43.4%
France5.56.07.48.013.3%
Singapore4.74.44.85.02.1%
Others53.186.910997.722.5%
Total4154425275167.5%

Top Suppliers of Electrical Insulating Fittings to China in 2022:

  1. Japan (4.5K tons)
  2. South Korea (2.8K tons)
  3. Germany (1.2K tons)
  4. Thailand (0.6K tons)
  5. Vietnam (0.5K tons)
  6. Hungary (0.5K tons)
  7. United States (0.4K tons)
  8. Austria (0.4K tons)
  9. Mexico (0.3K tons)
  10. France (0.3K tons)
  11. Singapore (0.2K tons)
  12. Malaysia (0.2K tons)

Electrical Insulating Fittings Exports in China

In 2022, electrical insulating fittings exports from China rose rapidly to 13K tons, with an increase of 5.4% on the previous year's figure. The total export volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 22%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, electrical insulating fittings exports expanded rapidly to $211M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% 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 +43.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Electrical Insulating Fittings in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States25.523.224.129.65.1%
Japan13.713.518.717.48.3%
Vietnam10.011.715.013.310.0%
Mexico3.53.68.211.649.1%
Thailand4.97.99.310.629.3%
Philippines4.35.67.19.429.8%
Germany3.64.67.98.935.2%
South Korea6.27.810.98.712.0%
Indonesia4.34.25.96.715.9%
Russia3.83.84.26.217.7%
Dominican Republic0.40.83.85.6141.0%
India6.84.64.95.2-8.6%
Poland1.83.04.25.242.4%
Others58.552.772.672.27.3%
Total14714719721112.8%

Top Export Markets for Electrical Insulating Fittings from China in 2022:

  1. Japan (1401.9 tons)
  2. United States (1137.2 tons)
  3. Mexico (1020.8 tons)
  4. Vietnam (918.9 tons)
  5. Philippines (892.4 tons)
  6. Dominican Republic (789.8 tons)
  7. Indonesia (563.5 tons)
  8. South Korea (562.0 tons)
  9. Russia (523.7 tons)
  10. Thailand (486.5 tons)
  11. Germany (327.9 tons)
  12. Poland (268.1 tons)
  13. India (230.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electrical insulating fittings 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 27331430 - Insulating fittings of plastic, for electrical machines, a ppliances or equipment (excluding electrical insulators)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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