Ceramic Electrical Insulator Market in Italy
Market Overview
In 
, the Italian ceramic electrical insulator market increased by % to $, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level in and is expected to retain growth in the immediate term.
In value terms, ceramic electrical insulator production soared to $ in estimated in export price. Overall, production showed a drastic downturn. Over the period under review, production reached the peak level at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
, the Italian ceramic electrical insulator market increased by % to $, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level in and is expected to retain growth in the immediate term.In value terms, ceramic electrical insulator production soared to $
in estimated in export price. Overall, production showed a drastic downturn. Over the period under review, production reached the peak level at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.Consumption
Ceramic electrical insulator consumption in Italy dropped to units in , which is down by -% against . In general, consumption recorded a relatively flat trend pattern. Over the period under review, consumption reached the maximum volume at units in , and then dropped in the following year.
The value of the ceramic electrical insulator market in Italy was estimated at $ in , growing by % 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). Overall, consumption, however, showed a relatively flat trend pattern. Ceramic electrical insulator consumption peaked in and is expected to retain growth in the near future.
units in , which is down by -% against . In general, consumption recorded a relatively flat trend pattern. Over the period under review, consumption reached the maximum volume at units in , and then dropped in the following year.The value of the ceramic electrical insulator market in Italy was estimated at $
in , growing by % 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). Overall, consumption, however, showed a relatively flat trend pattern. Ceramic electrical insulator consumption peaked in and is expected to retain growth in the near future.Market Forecast
Depressed by shrinking demand for ceramic electrical insulator in Italy, the market is expected to continue its downward consumption trend over the next eight-year period. 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 .
% 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
Ceramic electrical insulator market in Italy consists almost entirely of imported products.
Trade Balance
Italy remains a net importer of ceramic electrical insulator; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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