Ceramic Insulating Fittings Market in Germany
Market Overview
The German ceramic insulating fittings market soared to $
in , increasing 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 showed a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
In value terms, ceramic insulating fittings production fell to $ in estimated in export price. In general, production continues to indicate mild growth. The growth pace was the most rapid in with an increase of %. Over the period under review, production hit record highs at $ in 2019; however, from to , production remained at a lower figure.
in , increasing 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 showed a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.In value terms, ceramic insulating fittings production fell to $
in estimated in export price. In general, production continues to indicate mild growth. The growth pace was the most rapid in with an increase of %. Over the period under review, production hit record highs at $ in 2019; however, from to , production remained at a lower figure.Consumption
In , approx. units of insulating fittings for electrical purposes of ceramics were consumed in Germany; growing by % compared with the year before. Over the period under review, consumption showed significant growth. As a result, consumption reached the peak volume and is likely to continue growth in the immediate term.
The value of the ceramic insulating fittings market in Germany surged to $ 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 saw a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
, approx. units of insulating fittings for electrical purposes of ceramics were consumed in Germany; growing by % compared with the year before. Over the period under review, consumption showed significant growth. As a result, consumption reached the peak volume and is likely to continue growth in the immediate term.The value of the ceramic insulating fittings market in Germany surged to $
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 saw a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.Market Forecast
The ceramic insulating fittings market is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year 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 eight-year 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
Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from % in 2007 to % in . Germany domestic supply is expected to continue its growth.
% in 2007 to % in . Germany domestic supply is expected to continue its growth.Trade Balance
Germany remains a net exporter of ceramic insulating fittings; 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.
. 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.
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