Ceramic Insulating Fittings Market in Italy
Market Overview
In 
, the Italian ceramic insulating fittings market increased by % to $, rising for the fifth consecutive year after four years of decline. Over the period under review, consumption continues to indicate a perceptible increase. Ceramic insulating fittings consumption peaked in and is likely to see gradual growth in the immediate term.
In value terms, ceramic insulating fittings production reached $ in estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of %. Over the period under review, production hit record highs at $ in ; however, from to , production remained at a lower figure.
, the Italian ceramic insulating fittings market increased by % to $, rising for the fifth consecutive year after four years of decline. Over the period under review, consumption continues to indicate a perceptible increase. Ceramic insulating fittings consumption peaked in and is likely to see gradual growth in the immediate term.In value terms, ceramic insulating fittings production reached $
in estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of %. Over the period under review, production hit record highs at $ in ; however, from to , production remained at a lower figure.Consumption
In , consumption of insulating fittings for electrical purposes of ceramics increased by % to units, rising for the fifth consecutive year after four years of decline. Over the period under review, consumption recorded a notable expansion. Over the period under review, consumption reached the peak volume in and is likely to continue growth in the immediate term.
The revenue of the ceramic insulating fittings market in Italy amounted to $ in , picking up 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). In general, consumption showed a moderate expansion. Over the period under review, the market attained the peak level in and is expected to retain growth in the near future.
, consumption of insulating fittings for electrical purposes of ceramics increased by % to units, rising for the fifth consecutive year after four years of decline. Over the period under review, consumption recorded a notable expansion. Over the period under review, consumption reached the peak volume in and is likely to continue growth in the immediate term.The revenue of the ceramic insulating fittings market in Italy amounted to $
in , picking up 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). In general, consumption showed a moderate expansion. Over the period under review, the market attained the peak level in and is expected to retain growth in the near future.Market Forecast
The ceramic insulating fittings market is expected to start a downward consumption trend over the next eight-year period. 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
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
Italy remains a net importer of ceramic insulating fittings; 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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