Which Country Exports the Most Boards and Consoles in the World?
Electric Motors And Generators May 28, 2018
IndexBox has just published a new report "World: Boards, Consoles, Etc. Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.
In 2016, approx. 1.6M tonnes of board and console were imported worldwide- rising by 5% against the previous year figure. The total import volume increased at an average annual rate of +4.2% from 2007 to 2016- however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2011, when import increased by 11% year-to-year. Over the period under review, global board and console imports attained its maximum volume in 2016, and are likely to see steady growth in the immediate term.
In value terms, board and console imports totaled $55B in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, board and console imports increased by +93.3% against its level of 2009. Over the period under review, global board and console imports reached its maximum level in 2016, and are likely to continue its growth in the immediate term.
Top Board And Console Importing Countries in the World
1. USA (10.6 billion USD)
2. Germany (5.8 billion USD)
3. China (4.8 billion USD)
4. Mexico (1.6 billion USD)
5. France (1.6 billion USD)
6. South Korea (1.4 billion USD)
7. United Arab Emirates (1.0 billion USD)
8. Japan (1.0 billion USD)
9. Italy (0.9 billion USD)
10. Czech Republic (0.9 billion USD)
11. Turkey (0.8 billion USD)
12. Indonesia (0.5 billion USD)
Board And Console Imports By Country
China (188K tonnes), Germany (133K tonnes), the U.S. (114K tonnes), Mexico (110K tonnes), Indonesia (75K tonnes), South Korea (57K tonnes), Japan (49K tonnes), Turkey (48K tonnes), Czech Republic (39K tonnes), Italy (37K tonnes), United Arab Emirates (35K tonnes), and France (34K tonnes) represented roughly 58% of total imports of board and console in 2016.
From 2007 to 2016, the most notable growth rate of board and console imports, among the main importing countries, was attained by Indonesia (+20.2% per year), while the other global leaders experienced more modest paces of growth.
In value terms, the U.S. ($11B), Germany ($5.8B) and China ($4.8B) constituted the countries with the highest levels of imports in 2016, with a combined 39% share of global imports. These countries were followed by Mexico, France, South Korea, United Arab Emirates, Japan, Italy, Czech Republic, Turkey and Indonesia, which together accounted for a further 18%.
Indonesia (+21.2% per year) recorded the highest growth rate of board and console imports, among the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.
Board And Console Import Prices By Country
The average board and console import price stood at $34 per kg in 2016, approximately mirroring the previous year level. Over the period from 2007 to 2016 it increased at an average annual rate of +3.2%.The most prominent rate of growth was recorded in 2010, when import increased by 14% y-o-y. Global board and console import peaked of $36 per kg in 2013- however, from 2014 to 2016, it stood at a somewhat lower level.
Import prices varied noticeably by country of destination. the country with the highest import prices was the U.S. ($93 per kg), while Indonesia ($6,176 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of board and console import prices was attained by Mexico (+6.9% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global board and console market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- board and console market share
- board and console prices
- board and console industry
- board and console sales
- board and console import
- board and console export
- board and console market forecast
- board and console price forecast
- key board and console producers
All data provided in this article covers the following product: HS Code 8537 - Boards, panels, consoles, desks, cabinets, bases with apparatus of heading no. 8535, 8536 for electricity control and distribution, (other than switching apparatus of heading no. 8517).
