Turkey - Boards, Panels, Consoles, Desks And Cabinets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Electric Board, Desk and Panel in Turkey - 2023
Contents:
- Price for Electric Board, Desk and Panel in Turkey (FOB) - 2023
- Price for Electric Board, Desk and Panel in Turkey (CIF) - 2022
- Exports of Electric Board, Desk and Panel in Turkey
- Imports of Electric Board, Desk and Panel in Turkey
Price for Electric Board, Desk and Panel in Turkey (FOB) - 2023
In July 2023, the average export price for electrical boards, panels, consoles, desks and cabinets amounted to $1.4 per unit, standing approximately at the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 18% m-o-m. As a result, the export price reached the peak level of $1.5 per unit. From December 2022 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Qatar ($2.2 per unit), while the average price for exports to Austria ($881 per thousand units) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electric Board, Desk and Panel in Turkey (CIF) - 2022
In 2022, the average import price for electrical boards, panels, consoles, desks and cabinets amounted to $3.3 per unit, with an increase of 8.9% against the previous year. Overall, the import price, however, continues to indicate a pronounced decline. The growth pace was the most rapid in 2016 an increase of 26%. The import price peaked at $4.8 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 India ($4.9 per unit), while the price for France ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-0.1%), while the prices for the other major suppliers experienced a decline.
Exports of Electric Board, Desk and Panel in Turkey
In 2022, electric board, desk and panel exports from Turkey surged to 69M units, jumping by 22% on 2021 figures. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, electric board, desk and panel exports soared to $92M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Electric Board, Desk and Panel in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 6.5 | 5.0 | 7.2 | 8.1 | 7.6% |
Austria | 4.2 | 3.6 | 5.1 | 7.7 | 22.4% |
Iraq | 3.8 | 5.2 | 3.3 | 6.8 | 21.4% |
Romania | 2.4 | 2.8 | 3.8 | 6.6 | 40.1% |
United Kingdom | 3.0 | 3.1 | 7.3 | 5.6 | 23.1% |
Germany | 1.9 | 1.6 | 3.2 | 4.3 | 31.3% |
Russia | 0.8 | 0.6 | 1.0 | 3.7 | 66.6% |
Australia | 0.3 | 0.9 | 2.1 | 2.9 | 113.0% |
Hungary | 1.1 | 1.3 | 2.1 | 2.8 | 36.5% |
Spain | 0.8 | 1.1 | 1.7 | 2.5 | 46.2% |
Poland | 0.3 | 0.7 | 1.1 | 2.3 | 97.2% |
Bulgaria | 0.7 | 0.8 | 1.3 | 2.3 | 48.7% |
Morocco | 1.3 | 1.6 | 1.7 | 2.1 | 17.3% |
Others | 26.7 | 24.0 | 27.7 | 34.0 | 8.4% |
Total | 53.8 | 52.2 | 68.7 | 91.9 | 19.5% |
Top Export Markets for Electric Board, Desk and Panel from Turkey in 2022:
- Austria (8.5M units)
- France (7.1M units)
- Romania (6.4M units)
- United Kingdom (3.8M units)
- Iraq (3.8M units)
- Germany (3.2M units)
- Hungary (2.4M units)
- Russia (2.3M units)
- Morocco (2.1M units)
- Australia (2.0M units)
- Bulgaria (1.9M units)
- Poland (1.7M units)
- Spain (1.6M units)
Imports of Electric Board, Desk and Panel in Turkey
In 2022, supplies from abroad of electrical boards, panels, consoles, desks and cabinets decreased by -1% to 9.1M units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 28%. Over the period under review, imports attained the peak figure at 9.2M units in 2021, and then shrank modestly in the following year.
In value terms, electric board, desk and panel imports expanded markedly to $30M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Electric Board, Desk and Panel in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 5.0 | 3.5 | 5.3 | 7.7 | 15.5% |
France | 2.8 | 3.6 | 4.5 | 3.5 | 7.7% |
China | 1.5 | 1.8 | 2.5 | 2.9 | 24.6% |
India | 1.5 | 1.2 | 2.0 | 2.3 | 15.3% |
Italy | 1.1 | 1.0 | 1.5 | 1.8 | 17.8% |
Spain | 0.2 | 1.1 | 1.4 | 0.4 | 26.0% |
Russia | 0.1 | 0.2 | 0.2 | N/A | 41.4% |
Others | 7.4 | 8.5 | 10.5 | 11.5 | 15.8% |
Total | 19.6 | 20.7 | 27.9 | 30.0 | 15.2% |
Top Suppliers of Electric Board, Desk and Panel to Turkey in 2022:
- Russia (undefinedM units)
- France (4.0M units)
- Germany (2.6M units)
- China (0.6M units)
- India (0.5M units)
- Italy (0.4M units)
- Spain (0.2M units)
This report provides an in-depth analysis of the market for electric board, desk and panel in Turkey. 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 27124030 - Boards, panels, consoles, desks, cabinets and other bases for apparatus for electric control or the distribution of electricity (excluding those equipped with their apparatus)
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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
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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 electric board, desk and panel in Turkey.
This report provides an in-depth analysis of the global market for electric board, desk and panel.
This report provides an in-depth analysis of the market for electric board, desk and panel in Turkey.
This report provides an in-depth analysis of the global market for electric board, desk and panel.
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