Czech Republic - Boards, Consoles, Etc. Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Czech Republic - 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 the Czech Republic - 2023

Contents:

  1. Price for Electrical Board and Console in the Czech Republic (FOB) - 2023
  2. Price for Electrical Board and Console in the Czech Republic (CIF) - 2022
  3. Exports of Electrical Board and Console in the Czech Republic
  4. Imports of Electrical Board and Console in the Czech Republic

Price for Electrical Board and Console in the Czech Republic (FOB) - 2023

The average electrical board and console export price stood at $375 per unit in August 2023, falling by -11.8% against the previous month. Overall, export price indicated a notable expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, electrical board and console export price decreased by -11.8% against July 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 63% month-to-month. As a result, the export price attained the peak level of $463 per unit. From January 2023 to August 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($531 per unit), while the average price for exports to the UK ($235 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Electrical Board and Console in the Czech Republic (CIF) - 2022

In 2022, the average electrical board and console import price amounted to $199 per unit, growing by 16% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2018 an increase of 58% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($904 per unit), while the price for Slovakia ($23 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electrical Board and Console in the Czech Republic

In 2022, the amount of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v exported from the Czech Republic expanded sharply to 997K units, picking up by 15% on the previous year's figure. The total export volume increased at an average annual rate of +14.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 38% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, electrical board and console exports rose remarkably to $239M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.2% 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 +60.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 39%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Electrical Board and Console in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine2.72.02.621.599.7%
Germany10.624.019.417.317.7%
Finland3.07.715.013.665.5%
Sweden7.611.510.812.317.4%
United Kingdom1.95.27.811.180.1%
Netherlands3.67.611.89.437.7%
Switzerland5.36.46.69.220.2%
Ireland1.76.52.57.966.9%
Turkey0.71.37.87.8123.4%
South Korea0.31.71.77.4191.1%
United Arab Emirates23.614.013.77.0-33.3%
Canada3.95.04.26.418.0%
Belarus0.3N/A2.54.5146.6%
Others83.41141031047.6%
Total14920720923917.1%

Top Export Markets for Electrical Board and Console from the Czech Republic in 2022:

  1. Germany (73.5K units)
  2. Finland (65.6K units)
  3. Sweden (64.1K units)
  4. Netherlands (63.3K units)
  5. Ukraine (44.9K units)
  6. Belarus (43.4K units)
  7. Switzerland (41.7K units)
  8. Ireland (36.2K units)
  9. United Kingdom (34.6K units)
  10. South Korea (29.0K units)
  11. Turkey (28.5K units)
  12. United Arab Emirates (26.7K units)
  13. Canada (23.4K units)

Imports of Electrical Board and Console in the Czech Republic

In 2022, imports of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v into the Czech Republic skyrocketed to 254K units, with an increase of 17% on the year before. Over the period under review, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +4.5% 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 +61.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, electrical board and console imports soared to $50M in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 90%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Electrical Board and Console in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.47.825.628.239.4%
France0.53.50.98.2154.1%
Turkey2.12.01.55.336.2%
Slovakia1.61.42.23.327.3%
Spain0.1N/AN/A1.2128.9%
Italy1.40.90.70.6-24.6%
Portugal0.40.70.20.2-20.6%
Poland1.20.20.80.1-56.3%
Others2.83.15.33.35.6%
Total20.519.537.150.435.0%

Top Suppliers of Electrical Board and Console to the Czech Republic in 2022:

  1. Slovakia (141.8K units)
  2. Germany (45.6K units)
  3. Turkey (32.0K units)
  4. France (9.1K units)
  5. Spain (8.8K units)
  6. Poland (3.3K units)
  7. Italy (2.4K units)
  8. Portugal (1.0K units)

Source: IndexBox Market Intelligence Platform

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

  • Czech Republic

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Czech Republic
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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