In 2023, China dominated the global export of electrical insulators, except those made of glass or ceramics, accounting for nearly 48% of the market by weight. Germany and Italy both captured around 6.24% each, with Poland and Portugal following at lower shares. Notably, China's market share experienced a year-over-year growth of 4.84%, signaling its strengthening hold. Meanwhile, exports from Mexico, the United Kingdom, and France saw declines. Over the past five years, the compound annual growth rate (CAGR) indicates steady growth in emerging markets like Peru and Lebanon, with significant increases, in contrast to drops in established markets like Norway and Kazakhstan.
Future trends to watch include potential shifts as regions like Southeast Asia, exemplified by Malaysia's growing share, are likely to gain prominence. Additionally, increasing technological needs and global infrastructure investments can spur demand, possibly benefiting smaller regions that show export growth potential.
Top countries in Export of Electrical Insulators, Except Glass or Ceramics Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 47.99 | 2023 | +3.79% | +4.84% | View data |
| 2 | 2 Germany | 6.24 | 2023 | +1.87% | +1.39% | View data |
| 3 | 3 Italy | 6.24 | 2023 | +2.28% | +6.06% | View data |
| 4 | 4 Poland | 5.07 | 2023 | +2.57% | +3.06% | View data |
| 5 | 5 Portugal | 3.7 | 2023 | +3.94% | +4.32% | View data |
| 6 | 6 Malaysia | 3.66 | 2023 | +3.36% | +4.89% | View data |
| 7 | 7 India | 3.54 | 2023 | -0.22% | -1.88% | View data |
| 8 | 8 Czech Republic | 2.84 | 2023 | +4.24% | +5.75% | View data |
| 9 | 9 Mexico | 2.73 | 2023 | -4.38% | -5.79% | View data |
| 10 | 10 South Africa | 2.54 | 2023 | +3.88% | +3.82% | View data |
