Updated Jan 23, 2023 17:15

Ceramic Electrical Insulator Market in Germany

Market Overview
In , the German ceramic electrical insulator market was finally on the rise to reach $ after three years of decline. In general, consumption showed a mild downturn. As a result, consumption reached the peak level of $. From 2012 to , the growth of the market remained at a lower figure.

In value terms, ceramic electrical insulator production soared to $ in estimated in export price. In general, production saw a relatively flat trend pattern. Ceramic electrical insulator production peaked at $ in 2013; however, from 2014 to , production stood at a somewhat lower figure.


Consumption
Ceramic electrical insulator consumption in Germany declined to units in , dropping by -% on the year before. Over the period under review, consumption continues to indicate a slight decline. Over the period under review, consumption reached the peak volume at units in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.

The value of the ceramic electrical insulator market in Germany reached $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a mild decrease. As a result, consumption attained the peak level of $. From 2012 to , the growth of the market failed to regain momentum.


Market Forecast
Depressed by shrinking demand for ceramic electrical insulator in Germany, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
Germany remains a net exporter of ceramic electrical insulator; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of units, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.