Turkey - 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

Turkey - Boards, Consoles, Etc. Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Electrical Board and Console in Turkey - 2023

Contents:

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

Price for Electrical Board and Console in Turkey (FOB) - 2023

The average electrical board and console export price stood at $190 per unit in September 2023, picking up by 8.6% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in January 2023 an increase of 20% against the previous month. Over the period under review, the average export prices hit record highs in September 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($290 per unit), while the average price for exports to Portugal ($81.5 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Electrical Board and Console in Turkey (CIF) - 2023

In September 2023, the average electrical board and console import price amounted to $327 per unit, with a decrease of -20.5% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 141% m-o-m. As a result, import price attained the peak level of $533 per unit. From April 2023 to September 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($429 per unit), while the price for Russia ($155 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced a decline.

Exports of Electrical Board and Console in Turkey

In 2022, approx. 1.7M units of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v were exported from Turkey; surging by 13% compared with 2021. The total export volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical board and console exports amounted to $243M in 2022. The total export value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 9.4%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Electrical Board and Console in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq12.821.633.639.245.2%
Netherlands3.22.56.417.877.2%
Qatar7.518.116.715.326.8%
Turkmenistan2.52.07.414.780.5%
France5.74.37.310.121.0%
Germany12.712.910.39.2-10.2%
Italy5.29.17.28.316.9%
Sweden7.610.18.08.12.1%
United Arab Emirates20.223.710.85.9-33.7%
Bangladesh2.90.40.55.826.0%
Israel2.41.71.85.733.4%
Morocco5.31.64.74.9-2.6%
Algeria9.06.65.03.2-29.2%
Others10811010695.1-4.2%
Total2052242252435.8%

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

  1. Iraq (332.4K units)
  2. Turkmenistan (110.0K units)
  3. Netherlands (109.8K units)
  4. Qatar (96.6K units)
  5. France (79.4K units)
  6. Italy (51.4K units)
  7. Israel (50.3K units)
  8. Germany (47.8K units)
  9. Sweden (44.2K units)
  10. Morocco (40.2K units)
  11. Bangladesh (38.8K units)
  12. Algeria (37.4K units)
  13. United Arab Emirates (34.2K units)

Imports of Electrical Board and Console in Turkey

In 2022, the amount of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v imported into Turkey surged to 277K units, growing by 145% against 2021 figures. In general, imports recorded significant growth. 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 $75M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Electrical Board and Console in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.09.19.624.2100.6%
Germany5.16.26.019.155.3%
JapanN/A0.21.09.1574.5%
Italy0.41.71.15.2135.1%
Czech Republic0.51.04.24.9114.0%
India3.63.29.74.810.1%
France4.70.90.63.2-12.0%
Hungary0.81.2N/AN/A50.0%
United Arab Emirates15.06.3N/AN/A-58.0%
Others4.15.53.84.63.9%
Total37.335.436.175.226.3%

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

  1. China (137.6K units)
  2. Germany (61.2K units)
  3. Czech Republic (16.0K units)
  4. India (12.5K units)
  5. France (10.1K units)
  6. Japan (9.6K units)
  7. Italy (8.7K units)
  8. Hungary (0.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for electrical board and console 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 27123203 - Numerical control panels, 1 .000 V < voltage . .72,5 kV
  • Prodcom 27123205 - Numerical control panels, voltage > .72,5 kV

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:

  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
Store
Blog
Event
Free Data: Boards, Consoles, Etc. Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V - Turkey