Report Update: Apr 1, 2024

Egypt - 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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Price for Electrical Board and Console in Egypt - 2023

Price for Electrical Board and Console in Egypt (CIF) - 2022

The average electrical board and console import price stood at $273 per unit in 2022, declining by -3.2% against the previous year. In general, the import price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2013 an increase of 31% against the previous year. The import price peaked at $451 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Norway ($272 per unit) and Italy ($272 per unit), while the price for Hungary ($272 per unit) and South Korea ($272 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (-0.3%), while the prices for the other major suppliers experienced a decline.

Price for Electrical Board and Console in Egypt (FOB) - 2022

In 2022, the average electrical board and console export price amounted to $186 per unit, reducing by -33.8% against the previous year. Over the period under review, the export price, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2020 an increase of 72% against the previous year. Over the period under review, the average export prices attained the maximum at $281 per unit in 2021, and then dropped markedly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($267 per unit), while the average price for exports to the United Arab Emirates ($83 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 Russia (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Board and Console in Egypt

In 2022, purchases abroad of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v decreased by -21.7% to 274K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. As a result, imports reached the peak of 350K units, and then declined sharply in the following year.

In value terms, electrical board and console imports dropped dramatically to $75M in 2022. Over the period under review, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 121% against the previous year. As a result, imports attained the peak of $99M, and then fell remarkably in the following year.

Import of Electrical Board and Console in Egypt (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	1.6	2.6	0.3	22.0	139.6%
China	6.9	7.7	27.8	17.2	35.6%
South Korea	0.4	0.5	4.5	5.8	143.8%
Germany	12.6	4.7	3.9	5.6	-23.7%
Hungary	0.7	N/A	N/A	3.8	75.7%
Italy	5.1	5.6	2.3	2.3	-23.3%
Turkey	1.1	0.7	0.9	1.9	20.0%
France	3.1	1.8	7.5	1.8	-16.6%
United Kingdom	3.3	0.8	0.6	0.5	-46.7%
Spain	1.1	15.5	3.5	0.1	-55.0%
Others	15.4	4.9	47.4	14.0	-3.1%
Total	51.4	44.7	98.8	74.9	13.4%

Top Suppliers of Electrical Board and Console to Egypt in 2022:

Norway (80.9K units)
China (63.4K units)
South Korea (21.2K units)
Germany (20.6K units)
Hungary (14.0K units)
Italy (8.3K units)
Turkey (7.0K units)
France (6.6K units)
United Kingdom (1.8K units)
Spain (0.4K units)

Exports of Electrical Board and Console in Egypt

Electrical board and console exports from Egypt surged to 117K units in 2022, jumping by 118% on 2021 figures. Overall, exports enjoyed a noticeable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical board and console exports skyrocketed to $22M in 2022. Over the period under review, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Electrical Board and Console in Egypt (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	N/A	N/A	0.3	4.7	1466.7%
Saudi Arabia	0.4	3.0	4.2	4.5	124.1%
United Arab Emirates	0.3	0.2	0.4	4.0	137.1%
Italy	N/A	0.2	0.1	1.7	191.5%
Tanzania	0.2	0.7	0.2	0.9	65.1%
Cote d'Ivoire	1.4	0.4	3.2	0.7	-20.6%
Sudan	1.4	N/A	0.2	0.6	-24.6%
Oman	0.4	0.7	0.5	0.5	7.7%
Malta	N/A	0.2	0.1	0.5	58.1%
Seychelles	N/A	N/A	N/A	0.5	0%
Algeria	3.2	N/A	N/A	0.1	-68.5%
Jordan	1.1	N/A	0.3	N/A	-47.8%
Albania	0.6	0.1	0.3	N/A	-29.3%
Others	5.5	5.4	5.2	2.9	-19.2%
Total	14.4	10.9	15.0	21.7	14.6%

Top Export Markets for Electrical Board and Console from Egypt in 2022:

United Arab Emirates (48.3K units)
Russia (17.7K units)
Saudi Arabia (17.0K units)
Italy (6.4K units)
Oman (3.8K units)
Tanzania (3.4K units)
Cote d'Ivoire (2.5K units)
Sudan (2.2K units)
Malta (2.0K units)
Seychelles (1.8K units)
Algeria (0.4K units)
Jordan (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for electrical board and console in Egypt. 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:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023