Report Update: Apr 1, 2024

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

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Electrical Insulating Fittings Price in Austria - 2023

Electrical Insulating Fittings Price in Austria (FOB) - 2023

In August 2023, the average electrical insulating fittings export price amounted to $18,027 per ton, declining by -17% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 17% m-o-m. The export price peaked at $21,716 per ton in July 2023, and then fell markedly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($32,754 per ton), while the average price for exports to Italy ($5,922 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Insulating Fittings Price in Austria (CIF) - 2022

The average electrical insulating fittings import price stood at $16,005 per ton in 2022, waning by -19.8% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 27%. As a result, import price reached the peak level of $19,963 per ton, and then reduced dramatically in the following year.

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 the United States ($47,995 per ton), while the price for Spain ($9,534 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 (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Electrical Insulating Fittings Exports in Austria

In 2022, the amount of electrical insulating fittings of plastics exported from Austria rose slightly to 9.9K tons, with an increase of 1.5% on 2021. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, electrical insulating fittings exports declined modestly to $177M in 2022. The total export value increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 22% against the previous year. As a result, the exports reached the peak of $177M, leveling off in the following year.

Export of Electrical Insulating Fittings in Austria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	49.4	37.2	45.3	41.9	-5.3%
Romania	21.8	21.4	26.0	26.4	6.6%
Hungary	19.6	15.2	19.4	17.7	-3.3%
China	13.0	14.3	17.5	16.4	8.1%
Serbia	7.2	8.3	11.1	13.2	22.4%
Mexico	5.6	6.0	7.5	8.8	16.3%
Tunisia	4.6	5.0	7.7	8.6	23.2%
Morocco	5.1	4.5	4.8	6.4	7.9%
United States	3.1	2.6	3.4	5.9	23.9%
Italy	1.7	4.4	6.3	4.3	36.3%
Czech Republic	3.3	3.3	3.8	3.9	5.7%
Poland	4.1	3.8	3.8	3.5	-5.1%
Spain	2.0	1.6	1.4	1.7	-5.3%
Others	20.3	17.5	19.1	18.2	-3.6%
Total	161	145	177	177	3.2%

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

Romania (2189.2 tons)
Germany (1644.3 tons)
Hungary (1298.6 tons)
Serbia (701.2 tons)
Italy (633.7 tons)
China (587.3 tons)
Mexico (432.4 tons)
Tunisia (417.0 tons)
Morocco (340.4 tons)
Poland (240.2 tons)
Czech Republic (235.3 tons)
Spain (160.4 tons)
United States (154.5 tons)

Electrical Insulating Fittings Imports in Austria

In 2022, the amount of electrical insulating fittings of plastics imported into Austria surged to 2.3K tons, jumping by 38% on 2021. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.6% 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 +60.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical insulating fittings imports expanded rapidly to $37M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Electrical Insulating Fittings in Austria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hungary	12.8	11.8	17.7	13.9	2.8%
Germany	11.5	5.1	7.4	9.8	-5.2%
Czech Republic	1.0	0.7	1.2	5.6	77.6%
South Korea	N/A	N/A	N/A	1.4	0%
Netherlands	N/A	N/A	0.1	1.3	1200.0%
Italy	0.6	0.7	1.1	0.7	5.3%
Spain	0.4	0.3	0.4	0.6	14.5%
China	0.9	0.8	1.1	0.3	-30.7%
Others	4.8	3.4	4.8	3.6	-9.1%
Total	32.1	22.9	33.9	37.4	5.2%

Top Suppliers of Electrical Insulating Fittings to Austria in 2022:

Hungary (1298.7 tons)
Germany (409.4 tons)
Czech Republic (318.3 tons)
Spain (64.6 tons)
Netherlands (53.8 tons)
South Korea (49.3 tons)
Italy (41.9 tons)
China (11.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electrical insulating fittings market in Austria. 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:

Austria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Austria
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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