In 2023, China's dominance in the export of electrical insulators, except glass or ceramics, is notable, with significant bulk compared to other countries. Noteworthy growth was seen in Italy, Malaysia, Czech Republic, and Poland. Mexico, Belgium, and Spain experienced declines. Costa Rica and Lebanon displayed remarkable year-on-year growth, while Argentina and Norway saw steep declines. This market has witnessed varying degrees of growth with an overall trend of recovery and expansion in Southeast Asia and parts of Europe. The CAGR indicates steady growth in the global market over the last five years.
Looking ahead to 2024, countries like China, Italy, and Malaysia are expected to continue their upward trajectory in exports of these insulators. Additionally, technological advancements and increasing infrastructure developments in emerging markets may drive market growth. Monitoring trade policies and global economic conditions will be crucial for forecasting future trends in export activities.
Top countries in Export of Electrical Insulators, Except Glass or Ceramics by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 56,472,000 | 2023 | +3.79% | +4.84% | View data |
| 2 | 2 Germany | 7,343,600 | 2023 | +1.87% | +1.39% | View data |
| 3 | 3 Italy | 7,343,300 | 2023 | +2.28% | +6.06% | View data |
| 4 | 4 Poland | 5,963,900 | 2023 | +2.57% | +3.06% | View data |
| 5 | 5 Portugal | 4,357,100 | 2023 | +3.94% | +4.32% | View data |
| 6 | 6 Malaysia | 4,311,000 | 2023 | +3.36% | +4.89% | View data |
| 7 | 7 India | 4,160,100 | 2023 | -0.22% | -1.88% | View data |
| 8 | 8 Czech Republic | 3,343,200 | 2023 | +4.24% | +5.75% | View data |
| 9 | 9 Mexico | 3,207,400 | 2023 | -4.38% | -5.79% | View data |
| 10 | 10 South Africa | 2,987,400 | 2023 | +3.88% | +3.82% | View data |
