South Africa - Insulating Fittings For Electrical Purposes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInsulating Fittings Price in South Africa - 2023
Contents:
- Insulating Fittings Price in South Africa (FOB) - 2022
- Insulating Fittings Price in South Africa (CIF) - 2023
- Insulating Fittings Exports in South Africa
- Insulating Fittings Imports in South Africa
Insulating Fittings Price in South Africa (FOB) - 2022
The average insulating fittings export price stood at $8,111 per ton in 2022, picking up by 3.5% against the previous year. Over the period under review, the export price, however, continues to indicate a mild setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 29%. The export price peaked at $9,772 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($85,628 per ton), while the average price for exports to Lesotho ($2,411 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.
Insulating Fittings Price in South Africa (CIF) - 2023
In July 2023, the average insulating fittings import price amounted to $7,695 per ton, dropping by -4.7% against the previous month. In general, import price indicated a mild increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, insulating fittings import price decreased by -25.5% against May 2023 indices. The most prominent rate of growth was recorded in August 2022 an increase of 127% month-to-month. As a result, import price attained the peak level of $15,026 per ton. From September 2022 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($16,632 per ton), while the price for China ($3,011 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.2%), while the prices for the other major suppliers experienced a decline.
Insulating Fittings Exports in South Africa
Insulating fittings exports from South Africa surged to 429 tons in 2022, with an increase of 26% against 2021. The total export volume increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, insulating fittings exports soared to $3.5M in 2022. The total export value increased at an average annual rate of +8.8% from 2019 to 2022; the trend pattern 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.
Export of Insulating Fittings in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Democratic Republic of the Congo | 59.2 | 272 | 438 | 834 | 141.5% |
Switzerland | 810 | 622 | 330 | 638 | -7.6% |
Mozambique | 251 | 421 | 333 | 457 | 22.1% |
Zambia | 154 | 354 | 204 | 386 | 35.8% |
Zimbabwe | 286 | 203 | 247 | 293 | 0.8% |
Botswana | 175 | 167 | 295 | 261 | 14.3% |
Namibia | 97.7 | 79.8 | 54.9 | 174 | 21.2% |
Swaziland | 151 | 19.8 | 18.3 | 45.9 | -32.8% |
Lesotho | 127 | 41.0 | 70.3 | 33.1 | -36.1% |
Others | 589 | 844 | 675 | 356 | -15.5% |
Total | 2,700 | 3,024 | 2,665 | 3,478 | 8.8% |
Top Export Markets for Insulating Fittings from South Africa in 2022:
- Switzerland (149.1 tons)
- Democratic Republic of the Congo (69.9 tons)
- Zambia (42.9 tons)
- Botswana (33.2 tons)
- Zimbabwe (31.3 tons)
- Mozambique (29.7 tons)
- Namibia (26.8 tons)
- Lesotho (13.7 tons)
- Swaziland (5.7 tons)
Insulating Fittings Imports in South Africa
Insulating fittings imports into South Africa shrank to 241 tons in 2022, with a decrease of -6.7% compared with 2021 figures. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 54%. As a result, imports attained the peak of 259 tons, and then shrank in the following year.
In value terms, insulating fittings imports fell dramatically to $1.9M in 2022. In general, imports recorded a slight curtailment. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of $2.7M, and then fell remarkably in the following year.
Import of Insulating Fittings in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 646 | 622 | 829 | 852 | 9.7% |
Taiwan (Chinese) | 370 | 318 | 521 | 405 | 3.1% |
Italy | 150 | 101 | 268 | 231 | 15.5% |
Germany | 123 | 63.3 | 85.8 | 63.0 | -20.0% |
France | 157 | 436 | 329 | 60.1 | -27.4% |
Switzerland | 65.1 | 85.9 | 41.9 | 42.5 | -13.3% |
United States | 162 | 108 | 101 | 41.2 | -36.6% |
India | 15.7 | 12.7 | 19.9 | 28.0 | 21.3% |
Sweden | 162 | 66.6 | 59.8 | 18.9 | -51.1% |
Others | 178 | 223 | 406 | 191 | 2.4% |
Total | 2,028 | 2,037 | 2,662 | 1,933 | -1.6% |
Top Suppliers of Insulating Fittings to South Africa in 2022:
- China (159.9 tons)
- Taiwan (Chinese) (37.7 tons)
- Italy (17.8 tons)
- Germany (6.6 tons)
- Switzerland (4.4 tons)
- India (4.1 tons)
- Sweden (2.9 tons)
- United States (1.3 tons)
- France (1.2 tons)
This report provides an in-depth analysis of the insulating fittings market in South Africa. 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 27901280 - Insulating fittings for electrical purposes, of materials other than ceramics or plastics, electrical conduit tubing and joints therefor, of base metal lined with insulating material
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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 insulating fittings market in South Africa.
This report provides an in-depth analysis of the electrical insulating fittings market in South Africa.
This report provides an in-depth analysis of the ceramic insulating fittings market in South Africa.
This report provides an in-depth analysis of the global insulating fittings market.
This report provides an in-depth analysis of the global electrical insulating fittings market.
This report provides an in-depth analysis of the global ceramic insulating fittings market.
This report provides an in-depth analysis of the insulating fittings market in South Africa.
This report provides an in-depth analysis of the electrical insulating fittings market in South Africa.
This report provides an in-depth analysis of the ceramic insulating fittings market in South Africa.
This report provides an in-depth analysis of the global insulating fittings market.
In value terms, electrical insulators of any material imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend p...
In value terms, electrical insulators of any material exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern r...
In 2016, the global electrical insulating fittings imports stood at X tons, descending by -X% against the previous year figure. In general, electrical insulating fittings imports continue to i...
In 2016, the global electrical insulating fittings imports stood at X tons, descending by -X% against the previous year figure. In general, electrical insulating fittings imports continue to i...
Germany continued its dominance in the global electrical insulating plastic fittings trade. In 2014, Germany exported X thousand tons of electrical insulating plastic fittings totaling X million USD, X% over the previous year. Its primary tradi
In value terms, electrical insulators of any material imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend p...
In value terms, electrical insulators of any material exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern r...
In 2016, the global electrical insulating fittings imports stood at X tons, descending by -X% against the previous year figure. In general, electrical insulating fittings imports continue to i...
In 2016, the global electrical insulating fittings imports stood at X tons, descending by -X% against the previous year figure. In general, electrical insulating fittings imports continue to i...
Germany continued its dominance in the global electrical insulating plastic fittings trade. In 2014, Germany exported X thousand tons of electrical insulating plastic fittings totaling X million USD, X% over the previous year. Its primary tradi