United Kingdom: Overview of the Market for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V 2019

Market Size for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V in the UK

The revenue of the electrical board and console market in the UK amounted to $X in 2018, growing by X% against the previous year. In general, electrical board and console consumption continues to indicate buoyant growth. The pace of growth was the most pronounced in 2013 when the market value increased by X% against the previous year. Electrical board and console consumption peaked at $X in 2016; however, from 2017 to 2018, consumption remained at a lower figure.

Production of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding X V in the UK

In value terms, electrical board and console production amounted to $X in 2018 estimated in export prices. Overall, electrical board and console production continues to indicate strong growth. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, electrical board and console production reached its maximum level in 2018 and is likely to continue its growth in the immediate term.

Exports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V

Exports from the UK

In 2018, the electrical board and console exports from the UK amounted to X units, lowering by -X% against the previous year. Over the period under review, electrical board and console exports continue to indicate a drastic setback. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. In that year, electrical board and console exports reached their peak of X units. From 2012 to 2018, the growth of electrical board and console exports remained at a lower figure.

In value terms, electrical board and console exports totaled $X in 2018. In general, electrical board and console exports continue to indicate an abrupt decline. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, electrical board and console exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

South Korea (X units), the United Arab Emirates (X units) and China, Macao SAR (X units) were the main destinations of electrical board and console exports from the UK, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by China, Macao SAR (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electrical board and console exported from the UK were India ($X), the U.S. ($X) and China, Macao SAR ($X), with a combined X% share of total exports.

China, Macao SAR recorded the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average electrical board and console export price amounted to $X per unit, declining by -X% against the previous year. Overall, the electrical board and console export price continues to indicate a mild deduction. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% against the previous year. In that year, the average export prices for boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v attained their peak level of $X per unit. From 2010 to 2018, the growth in terms of the average export prices for boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was India ($X per unit), while the average price for exports to Qatar ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced a decline.

Imports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V

Imports into the UK

In 2018, approx. X units of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v were imported into the UK; picking up by X% against the previous year. Overall, electrical board and console imports continue to indicate measured growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, electrical board and console imports attained their maximum at X units in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, electrical board and console imports amounted to $X in 2018. Overall, electrical board and console imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, electrical board and console imports attained their peak figure at $X in 2016; however, from 2017 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Germany (X units) constituted the largest supplier of electrical board and console to the UK, accounting for a X% share of total imports. Moreover, electrical board and console imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fourfold. Denmark (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Denmark (+X% per year).

In value terms, the largest electrical board and console suppliers to the UK were Germany ($X), Denmark ($X) and the Netherlands ($X), together accounting for X% of total imports.

Denmark recorded the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electrical board and console import price stood at $X per unit in 2018, leveling off at the previous year. Over the period under review, the import price indicated prominent growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, electrical board and console import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Over the period under review, the average import prices for boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v reached their peak figure in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Denmark ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform