Australia - Boards, Panels, Consoles, Desks And Cabinets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Electric Board, Desk and Panel in Australia - 2023
Contents:
- Price for Electric Board, Desk and Panel in Australia (CIF) - 2023
- Price for Electric Board, Desk and Panel in Australia (FOB) - 2022
- Imports of Electric Board, Desk and Panel in Australia
- Exports of Electric Board, Desk and Panel in Australia
Price for Electric Board, Desk and Panel in Australia (CIF) - 2023
The average import price for electrical boards, panels, consoles, desks and cabinets stood at $56.5 per unit in August 2023, reducing by -64.3% against the previous month. Overall, the import price, however, recorded significant growth. The pace of growth appeared the most rapid in March 2023 an increase of 1,734% against the previous month. Over the period under review, average import prices attained the maximum at $158 per unit in July 2023, and then declined significantly in the following month.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the countries with the highest prices were India ($3.9 per unit) and the United States ($3.9 per unit), while the price for Singapore ($3.9 per unit) and China ($3.9 per unit) were amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Board, Desk and Panel in Australia (FOB) - 2022
In 2022, the average export price for electrical boards, panels, consoles, desks and cabinets amounted to $3.7 per unit, rising by 13% against the previous year. Overall, the export price, however, recorded a deep contraction. The growth pace was the most rapid in 2016 when the average export price increased by 65%. The export price peaked at $11 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($3.7 per unit) and Brunei Darussalam ($3.7 per unit), while the average price for exports to Malaysia ($3.7 per unit) and Thailand ($3.7 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (-3.0%), while the prices for the other major destinations experienced a decline.
Imports of Electric Board, Desk and Panel in Australia
In 2022, approx. 19M units of electrical boards, panels, consoles, desks and cabinets were imported into Australia; rising by 24% on the previous year's figure. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.7% 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 +62.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 27%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, electric board, desk and panel imports surged to $68M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 34%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Electric Board, Desk and Panel in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.1 | 10.1 | 15.7 | 17.4 | 24.1% |
| Malaysia | 3.5 | 4.6 | 6.1 | 9.0 | 37.0% |
| India | 4.3 | 4.1 | 6.5 | 8.2 | 24.0% |
| United States | 3.8 | 4.9 | 5.4 | 4.5 | 5.8% |
| Turkey | 0.4 | 0.6 | 2.7 | 3.9 | 113.6% |
| Germany | 3.7 | 3.5 | 3.2 | 3.4 | -2.8% |
| Spain | 1.4 | 1.8 | 2.8 | 3.1 | 30.3% |
| Singapore | 0.6 | 1.6 | 1.8 | 2.8 | 67.1% |
| Italy | 1.9 | 1.8 | 1.6 | 2.0 | 1.7% |
| United Kingdom | 1.2 | 8.6 | 1.1 | 1.5 | 7.7% |
| Sri Lanka | 0.1 | 0.5 | 0.2 | 1.5 | 146.6% |
| France | 1.0 | 1.1 | 0.7 | 1.3 | 9.1% |
| Austria | 0.6 | 0.5 | 0.7 | 1.1 | 22.4% |
| Others | 6.7 | 7.6 | 9.9 | 8.1 | 6.5% |
| Total | 38.3 | 51.3 | 58.3 | 67.6 | 20.9% |
Top Suppliers of Electric Board, Desk and Panel to Australia in 2022:
- China (5.0M units)
- Malaysia (2.6M units)
- India (2.3M units)
- United States (1.3M units)
- Turkey (1.1M units)
- Germany (1.0M units)
- Spain (0.9M units)
- Singapore (0.8M units)
- Italy (0.6M units)
- France (0.4M units)
- United Kingdom (0.4M units)
- Sri Lanka (0.4M units)
- Austria (0.3M units)
Exports of Electric Board, Desk and Panel in Australia
For the fourth consecutive year, Australia recorded growth in overseas shipments of electrical boards, panels, consoles, desks and cabinets, which increased by 10% to 1.6M units in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, electric board, desk and panel exports skyrocketed to $5.9M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.6% 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 +82.7% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 46%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Electric Board, Desk and Panel in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 365 | 747 | 819 | 1,896 | 73.2% |
| Papua New Guinea | 287 | 370 | 566 | 595 | 27.5% |
| United States | 141 | 254 | 103 | 358 | 36.4% |
| Chile | 62.1 | N/A | 13.1 | 357 | 79.1% |
| New Caledonia | 70.5 | 109 | 8.9 | 280 | 58.4% |
| Philippines | 97.2 | 3.7 | 97.1 | 263 | 39.3% |
| Brunei Darussalam | N/A | N/A | N/A | 197 | 0% |
| Mexico | N/A | N/A | 9.2 | 195 | 2019.6% |
| Japan | 24.6 | 12.1 | 106 | 189 | 97.3% |
| Malaysia | 128 | 123 | 86.0 | 166 | 9.1% |
| Thailand | 52.0 | 49.2 | 125 | 159 | 45.1% |
| Indonesia | 62.5 | 104 | 630 | 151 | 34.2% |
| Lao People's Democratic Republic | 2.4 | 0.1 | 107 | 130 | 278.4% |
| Others | 3,612 | 1,479 | 2,079 | 1,004 | -34.7% |
| Total | 4,906 | 3,252 | 4,750 | 5,941 | 6.6% |
Top Export Markets for Electric Board, Desk and Panel from Australia in 2022:
- New Zealand (519.0K units)
- Papua New Guinea (163.0K units)
- United States (98.0K units)
- Chile (97.9K units)
- New Caledonia (76.7K units)
- Philippines (72.0K units)
- Brunei Darussalam (53.9K units)
- Mexico (53.3K units)
- Japan (51.7K units)
- Malaysia (45.4K units)
- Thailand (43.5K units)
- Indonesia (41.4K units)
- Lao People's Democratic Republic (35.6K units)
This report provides an in-depth analysis of the market for electric board, desk and panel in Australia. 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 27124030 - Boards, panels, consoles, desks, cabinets and other bases for apparatus for electric control or the distribution of electricity (excluding those equipped with their apparatus)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
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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 electric board, desk and panel in Australia.
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This report provides an in-depth analysis of the global market for electric board, desk and panel.
314
This report provides an in-depth analysis of the market for electric board, desk and panel in Australia.
444
This report provides an in-depth analysis of the global market for electric board, desk and panel.
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