Canada - 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 Canada - 2023
Contents:
- Price for Electric Board, Desk and Panel in Canada (CIF) - 2022
- Price for Electric Board, Desk and Panel in Canada (FOB) - 2022
- Imports of Electric Board, Desk and Panel in Canada
- Exports of Electric Board, Desk and Panel in Canada
Price for Electric Board, Desk and Panel in Canada (CIF) - 2022
The average import price for electrical boards, panels, consoles, desks and cabinets stood at $3 per unit in 2022, with a decrease of -8.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 15%. As a result, import price reached the peak level of $3.3 per unit, and then fell in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($3 per unit) and the United States ($3 per unit), while the price for India ($3 per unit) and Turkey ($3 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Electric Board, Desk and Panel in Canada (FOB) - 2022
In 2022, the average export price for electrical boards, panels, consoles, desks and cabinets amounted to $3.7 per unit, approximately equating the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 9.3%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were South Africa ($3.7 per unit) and Spain ($3.7 per unit), while the average price for exports to Hong Kong SAR ($3.7 per unit) and the United States ($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 Spain (+0.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Board, Desk and Panel in Canada
In 2022, approx. 30M units of electrical boards, panels, consoles, desks and cabinets were imported into Canada; jumping by 34% compared with the year before. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electric board, desk and panel imports surged to $91M in 2022. The total import value increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Electric Board, Desk and Panel in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 39.5 | 34.5 | 38.9 | 45.7 | 5.0% |
China | 12.0 | 11.8 | 17.5 | 19.0 | 16.6% |
Taiwan (Chinese) | 3.7 | 3.2 | 4.6 | 7.4 | 26.0% |
Mexico | 4.1 | 5.8 | 5.2 | 7.2 | 20.6% |
India | 0.4 | 0.3 | 1.0 | 2.3 | 79.2% |
Turkey | 0.2 | 1.1 | 1.2 | 1.8 | 108.0% |
Denmark | 0.3 | 0.4 | 0.6 | 1.4 | 67.1% |
Germany | 1.6 | 1.0 | 1.7 | 1.4 | -4.4% |
Others | 4.7 | 4.3 | 3.6 | 4.9 | 1.4% |
Total | 66.5 | 62.5 | 74.5 | 91.2 | 11.1% |
Top Suppliers of Electric Board, Desk and Panel to Canada in 2022:
- United States (15.1M units)
- China (6.3M units)
- Taiwan (Chinese) (2.4M units)
- Mexico (2.4M units)
- India (0.8M units)
- Turkey (0.6M units)
- Denmark (0.5M units)
- Germany (0.5M units)
Exports of Electric Board, Desk and Panel in Canada
In 2022, approx. 16M units of electrical boards, panels, consoles, desks and cabinets were exported from Canada; picking up by 9.2% against the previous year's figure. The total export volume increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electric board, desk and panel exports expanded significantly to $59M in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Electric Board, Desk and Panel in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 40.6 | 44.5 | 46.8 | 52.3 | 8.8% |
Others | 6.9 | 7.0 | 6.9 | 6.5 | -2.0% |
Total | 47.5 | 51.6 | 53.7 | 58.8 | 7.4% |
Top Export Markets for Electric Board, Desk and Panel from Canada in 2022:
- United States (14.2M units)
This report provides an in-depth analysis of the market for electric board, desk and panel in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
This report provides an in-depth analysis of the market for electric board, desk and panel in Canada.
This report provides an in-depth analysis of the global market for electric board, desk and panel.
This report provides an in-depth analysis of the market for electric board, desk and panel in Canada.
This report provides an in-depth analysis of the global market for electric board, desk and panel.
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