Price for Electrical Insulators of Any Material in Poland - 2023

Price for Electrical Insulators of Any Material in Poland (FOB) - 2023

The average export price for electrical insulators of any materials stood at $718 per thousand units in October 2023, increasing by 8.5% against the previous month. Over the period under review, export price indicated pronounced growth from October 2022 to October 2023: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, electrical insulators of any material export price decreased by -12.3% against August 2023 indices. The pace of growth was the most pronounced in May 2023 an increase of 51% m-o-m. As a result, the export price attained the peak level of $0.8 per unit. From June 2023 to October 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Taiwan (Chinese) ($4.1 per unit), while the average price for exports to the UK ($396 per thousand units) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Electrical Insulators of Any Material in Poland (CIF) - 2023

The average import price for electrical insulators of any materials stood at $773 per thousand units in October 2023, dropping by -37.3% against the previous month. Overall, the import price, however, posted strong growth. The most prominent rate of growth was recorded in November 2022 an increase of 156% m-o-m. Over the period under review, average import prices attained the peak figure at $1.6 per unit in January 2023; however, from February 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($5.7 per unit), while the price for China ($235 per thousand units) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Russia (+45.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electrical Insulators of Any Material in Poland

In 2022, overseas shipments of electrical insulators of any materials decreased by -14.8% to 81M units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2020 when exports increased by 11% against the previous year. As a result, the exports attained the peak of 96M units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, electrical insulators of any material exports declined to $41M in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 11%. Over the period under review, the exports hit record highs at $43M in 2021, and then declined in the following year.

Export of Electrical Insulators of Any Material in Poland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	11.6	12.0	11.7	12.8	3.3%
Austria	1.7	2.7	3.5	4.6	39.3%
France	3.6	5.1	5.9	3.9	2.7%
Russia	5.1	6.0	6.4	3.5	-11.8%
Netherlands	1.0	1.2	1.7	1.5	14.5%
Czech Republic	0.7	1.1	1.2	1.3	22.9%
Sweden	0.9	1.0	1.3	1.3	13.0%
United States	0.3	0.4	0.5	1.1	54.2%
Italy	1.6	1.8	1.5	1.0	-14.5%
United Kingdom	1.9	0.6	0.6	0.8	-25.0%
Ireland	0.4	0.4	0.6	0.7	20.5%
Romania	0.7	0.2	0.4	0.6	-5.0%
Slovakia	0.1	0.3	0.1	0.6	81.7%
Others	6.7	7.7	7.4	7.0	1.5%
Total	36.4	40.5	43.1	40.8	3.9%

Top Export Markets for Electrical Insulators of Any Material from Poland in 2022:

Germany (24.9M units)
France (12.3M units)
Russia (8.4M units)
Austria (5.6M units)
Netherlands (5.1M units)
Sweden (4.2M units)
Czech Republic (2.9M units)
Ireland (2.6M units)
United Kingdom (2.0M units)
Slovakia (2.0M units)
United States (1.3M units)
Romania (1.3M units)
Italy (1.3M units)

Imports of Electrical Insulators of Any Material in Poland

In 2022, purchases abroad of electrical insulators of any materials increased by 39% to 41M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt shrinkage. Over the period under review, imports attained the maximum at 48M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, electrical insulators of any material imports totaled $31M in 2022. In general, imports, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 6.3%. Over the period under review, imports reached the maximum at $35M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Electrical Insulators of Any Material in Poland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	5.6	4.8	4.3	4.5	-7.0%
Italy	5.7	3.8	5.3	3.6	-14.2%
China	3.0	2.7	2.4	3.6	6.3%
Switzerland	4.9	5.3	3.7	3.5	-10.6%
Turkey	1.1	1.7	1.8	2.5	31.5%
Austria	0.6	0.5	1.7	1.8	44.2%
Russia	0.9	0.2	0.2	1.6	21.1%
Czech Republic	0.9	1.3	1.5	1.2	10.1%
Ukraine	1.1	1.6	0.7	0.9	-6.5%
India	1.1	0.6	1.1	0.8	-10.1%
Denmark	0.6	0.8	0.6	0.7	5.3%
Slovenia	0.4	0.2	0.7	0.5	7.7%
Romania	0.2	0.2	0.3	0.2	0.0%
Others	8.8	5.8	7.0	6.0	-12.0%
Total	34.9	29.5	31.3	31.4	-3.5%