United Kingdom - Boards, Consoles, Etc. Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Electrical Board and Console in the UK - 2023
Contents:
- Price for Electrical Board and Console in the UK (CIF) - 2022
- Price for Electrical Board and Console in the UK (FOB) - 2022
- Imports of Electrical Board and Console in the UK
- Exports of Electrical Board and Console in the UK
Price for Electrical Board and Console in the UK (CIF) - 2022
In 2022, the average electrical board and console import price amounted to $237 per unit, declining by -6.7% against the previous year. Over the period under review, the import price saw a pronounced downturn. The growth pace was the most rapid in 2013 an increase of 55%. As a result, import price reached the peak level of $476 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,265 per unit), while the price for the Netherlands ($65 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electrical Board and Console in the UK (FOB) - 2022
The average electrical board and console export price stood at $466 per unit in 2022, which is down by -18% against the previous year. Overall, the export price continues to indicate a mild descent. The growth pace was the most rapid in 2013 when the average export price increased by 33%. As a result, the export price reached the peak level of $696 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($2,449 per unit), while the average price for exports to Nigeria ($90 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Board and Console in the UK
In 2022, the amount of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v imported into the UK skyrocketed to 673K units, rising by 50% against 2021 figures. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, electrical board and console imports surged to $160M in 2022. Over the period under review, imports, however, recorded a abrupt downturn. Imports peaked at $187M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Electrical Board and Console in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 17.4 | 15.8 | 16.6 | 30.0 | 19.9% |
United States | 103 | 52.8 | 35.1 | 29.8 | -33.9% |
China | 3.7 | 2.1 | 18.8 | 13.9 | 55.5% |
Czech Republic | 4.2 | 4.9 | 5.8 | 12.0 | 41.9% |
Spain | 1.4 | 2.3 | 0.2 | 7.0 | 71.0% |
Italy | 0.4 | 10.0 | 2.9 | 5.1 | 133.6% |
France | 0.9 | 0.8 | 0.1 | 5.0 | 77.1% |
Norway | 1.4 | 0.2 | 2.2 | 4.4 | 46.5% |
Netherlands | 8.9 | 9.0 | 2.5 | 3.5 | -26.7% |
Sri Lanka | N/A | 0.1 | 1.8 | 3.4 | 483.1% |
Malaysia | 1.5 | 1.8 | 1.2 | 1.3 | -4.7% |
Others | 44.6 | 33.6 | 26.8 | 44.2 | -0.3% |
Total | 187 | 133 | 114 | 160 | -5.1% |
Top Suppliers of Electrical Board and Console to the UK in 2022:
- Germany (237.6K units)
- China (138.7K units)
- Netherlands (54.2K units)
- Italy (38.5K units)
- Czech Republic (36.8K units)
- Spain (22.8K units)
- Sri Lanka (20.9K units)
- Norway (14.0K units)
- United States (13.2K units)
- France (12.3K units)
- Malaysia (11.1K units)
Exports of Electrical Board and Console in the UK
Electrical board and console exports from the UK skyrocketed to 97K units in 2022, surging by 31% on the previous year's figure. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, electrical board and console exports expanded rapidly to $45M in 2022. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 95%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Electrical Board and Console in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.4 | 4.2 | 3.0 | 14.4 | 48.5% |
United Arab Emirates | 1.4 | 0.7 | 0.8 | 5.4 | 56.8% |
India | 2.2 | 1.3 | 9.3 | 4.8 | 29.7% |
Kenya | 0.3 | N/A | 2.4 | 2.3 | 97.2% |
Czech Republic | N/A | 0.1 | 5.1 | 1.8 | 324.3% |
France | 4.4 | 2.1 | 1.3 | 1.3 | -33.4% |
China | 1.6 | 2.1 | 0.9 | 1.0 | -14.5% |
Nigeria | 0.9 | 0.1 | N/A | 0.6 | -12.6% |
Italy | 0.1 | 0.4 | 0.9 | 0.5 | 71.0% |
Oman | 0.4 | 1.4 | 1.1 | 0.2 | -20.6% |
Guinea | N/A | 0.7 | N/A | N/A | 0% |
Others | 11.1 | 8.5 | 17.4 | 13.0 | 5.4% |
Total | 26.7 | 21.6 | 42.1 | 45.2 | 19.2% |
Top Export Markets for Electrical Board and Console from the UK in 2022:
- Guinea (undefinedK units)
- United Arab Emirates (31.0K units)
- United States (16.7K units)
- India (13.0K units)
- Nigeria (6.9K units)
- Kenya (5.8K units)
- Czech Republic (2.2K units)
- Italy (1.5K units)
- France (1.5K units)
- Oman (0.8K units)
- China (0.8K units)
This report provides an in-depth analysis of the market for electrical board and console in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27123203 - Numerical control panels, 1 .000 V < voltage . .72,5 kV
- Prodcom 27123205 - Numerical control panels, voltage > .72,5 kV
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for electrical board and console in the UK.
This report provides an in-depth analysis of the global market for electrical board and console.
This report provides an in-depth analysis of the market for electrical board and console in the UK.
This report provides an in-depth analysis of the global market for electrical board and console.
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...