South Africa - 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 South Africa - 2023
Contents:
- Price for Electrical Board and Console in South Africa (CIF) - 2022
- Price for Electrical Board and Console in South Africa (FOB) - 2022
- Imports of Electrical Board and Console in South Africa
- Exports of Electrical Board and Console in South Africa
Price for Electrical Board and Console in South Africa (CIF) - 2022
In 2022, the average electrical board and console import price amounted to $175 per unit, which is down by -7.9% against the previous year. Over the period under review, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 24% against the previous year. The import price peaked at $366 per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Spain ($346 per unit), while the price for China ($108 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Board and Console in South Africa (FOB) - 2022
The average electrical board and console export price stood at $196 per unit in 2022, picking up by 19% against the previous year. In general, the export price showed a modest expansion. The pace of growth appeared the most rapid in 2016 an increase of 38%. Over the period under review, the average export prices reached the peak figure at $200 per unit in 2018; however, from 2019 to 2022, the 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 Democratic Republic of the Congo ($304 per unit), while the average price for exports to Lesotho ($15 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 Zimbabwe (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Board and Console in South Africa
In 2022, the amount of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v imported into South Africa skyrocketed to 261K units, surging by 60% compared with the previous year's figure. In general, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electrical board and console imports surged to $46M in 2022. Overall, imports, however, saw a noticeable decline. Imports peaked at $50M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Electrical Board and Console in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.6 | 1.6 | 4.2 | 9.2 | 2.3% |
| France | 3.7 | 5.2 | 3.9 | 7.7 | 27.7% |
| Norway | 6.8 | 3.8 | 5.3 | 4.6 | -12.2% |
| Spain | 0.1 | 0.8 | 0.4 | 4.3 | 250.3% |
| Germany | 7.5 | 6.3 | 5.8 | 3.8 | -20.3% |
| South Korea | 1.9 | 0.8 | 0.6 | 3.5 | 22.6% |
| Czech Republic | 3.6 | 3.7 | 2.7 | 3.0 | -5.9% |
| India | 2.7 | 2.0 | 1.7 | 2.3 | -5.2% |
| Netherlands | 2.2 | 1.4 | 0.7 | 2.1 | -1.5% |
| Turkey | 1.1 | 0.1 | 0.3 | 1.0 | -3.1% |
| Italy | 5.2 | 2.5 | 0.6 | 0.5 | -54.2% |
| Others | 6.4 | 4.4 | 4.8 | 3.7 | -16.7% |
| Total | 49.8 | 32.4 | 31.1 | 45.7 | -2.8% |
Top Suppliers of Electrical Board and Console to South Africa in 2022:
- China (85.4K units)
- France (48.0K units)
- India (20.6K units)
- South Korea (18.1K units)
- Norway (18.0K units)
- Czech Republic (15.9K units)
- Spain (12.4K units)
- Germany (11.4K units)
- Netherlands (8.8K units)
- Turkey (4.6K units)
- Italy (1.7K units)
Exports of Electrical Board and Console in South Africa
In 2022, approx. 166K units of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v were exported from South Africa; picking up by 19% on the year before. The total export volume increased at an average annual rate of +13.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 23%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, electrical board and console exports surged to $33M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electrical Board and Console in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 1.5 | 1.0 | 2.6 | 6.5 | 63.0% |
| Zimbabwe | 0.8 | 0.9 | 3.0 | 4.5 | 77.8% |
| Botswana | 2.5 | 4.0 | 3.5 | 4.2 | 18.9% |
| Zambia | 4.1 | 1.5 | 2.1 | 2.0 | -21.3% |
| Panama | N/A | N/A | 0.1 | 1.8 | 1700.0% |
| Namibia | 2.8 | 2.0 | 2.0 | 1.6 | -17.0% |
| Mozambique | 1.6 | 3.4 | 0.5 | 1.2 | -9.1% |
| Swaziland | 1.3 | 2.5 | 1.0 | 1.1 | -5.4% |
| Lesotho | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Senegal | N/A | N/A | N/A | 0.4 | 0% |
| Burkina Faso | 1.1 | N/A | N/A | 0.2 | -43.3% |
| Others | 2.5 | 8.9 | 7.8 | 8.6 | 51.0% |
| Total | 18.5 | 24.5 | 23.0 | 32.6 | 20.8% |
Top Export Markets for Electrical Board and Console from South Africa in 2022:
- Lesotho (28.5K units)
- Botswana (21.8K units)
- Democratic Republic of the Congo (21.4K units)
- Zimbabwe (15.7K units)
- Namibia (10.9K units)
- Swaziland (10.5K units)
- Senegal (8.6K units)
- Zambia (8.0K units)
- Panama (7.3K units)
- Mozambique (6.0K units)
- Burkina Faso (3.9K units)
This report provides an in-depth analysis of the market for electrical board and console in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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
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This report provides an in-depth analysis of the market for electrical board and console in South Africa.
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This report provides an in-depth analysis of the global market for electrical board and console.
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This report provides an in-depth analysis of the market for electrical board and console in South Africa.
676
This report provides an in-depth analysis of the global market for electrical board and console.
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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...
690
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...
819
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...
690
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...
