Eastern Europe: Electrical Insulating Fittings Market 2024

Electrical Insulating Fittings Market Size in Eastern Europe

The East European electrical insulating fittings market reduced to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Electrical Insulating Fittings Production in Eastern Europe

In value terms, electrical insulating fittings production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production hit record highs in 2022 and is likely to see gradual growth in the near future.

Electrical Insulating Fittings Exports

Exports in Eastern Europe

In 2022, approx. X tons of electrical insulating fittings of plastics were exported in Eastern Europe; reducing by X% against 2021. Total exports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2018 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, electrical insulating fittings exports reduced to $X in 2022. In general, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

The Czech Republic represented the main exporting country with an export of about X tons, which amounted to X% of total exports. Hungary (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Poland (X%) and Romania (X%). Slovakia (X tons) took a minor share of total exports.

Exports from the Czech Republic increased at an average annual rate of X% from 2012 to 2022. At the same time, Romania (X%), Hungary (X%) and Poland (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Slovakia (X%) illustrated a downward trend over the same period. Romania (X p.p.) and Hungary (X p.p.) significantly strengthened its position in terms of the total exports, while Poland, the Czech Republic and Slovakia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, the Czech Republic ($X), Hungary ($X) and Romania ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, with an increase of X% against the previous year. Export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electrical insulating fittings export price increased by X% against 2016 indices. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Electrical Insulating Fittings Imports

Imports in Eastern Europe

In 2022, approx. X tons of electrical insulating fittings of plastics were imported in Eastern Europe; waning by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021, and then fell in the following year.

In value terms, electrical insulating fittings imports shrank to $X in 2022. Total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

In 2022, the Czech Republic (X tons), distantly followed by Romania (X tons), Hungary (X tons), Poland (X tons), Ukraine (X tons), Bulgaria (X tons) and Slovakia (X tons) represented the main importers of electrical insulating fittings of plastics, together mixing up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical insulating fittings importing markets in Eastern Europe were the Czech Republic ($X), Romania ($X) and Hungary ($X), with a combined X% share of total imports.

In terms of the main importing countries, the Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ukraine ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform