Russian Federation - Boards, Panels, Consoles, Desks and Cabinets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRussian Federation: Market for Electrical Boards, Panels, Consoles, Desks and Cabinets 2024
Market Size for Electrical Boards, Panels, Consoles, Desks and Cabinets in the Russian Federation
The Russian market for electrical boards, panels, consoles, desks and cabinets surged to $X in 2023, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a deep downturn. Electric board, desk and panel consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.
Exports of Electrical Boards, Panels, Consoles, Desks and Cabinets
Exports from the Russian Federation
In 2023, overseas shipments of electrical boards, panels, consoles, desks and cabinets were finally on the rise to reach X units after three years of decline. Over the period under review, exports, however, showed a relatively flat trend pattern. The exports peaked at X units in 2019; however, from 2020 to 2023, the exports remained at a lower figure.
In value terms, electric board, desk and panel exports surged to $X in 2023. Overall, exports, however, saw a pronounced shrinkage. Over the period under review, the exports attained the peak figure at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Georgia (X units) was the main destination for electric board, desk and panel exports from Russia, accounting for a X% share of total exports. Moreover, electric board, desk and panel exports to Georgia exceeded the volume sent to the second major destination, Turkey (X units), sevenfold. Armenia (X units) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual growth rate of volume to Georgia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Armenia (X% per year).
In value terms, Georgia ($X), China ($X) and Brazil ($X) appeared to be the largest markets for electric board, desk and panel exported from Russia worldwide, with a combined X% share of total exports.
Brazil, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average export price for electrical boards, panels, consoles, desks and cabinets stood at $X per unit in 2023, falling by X% against the previous year. Over the period under review, the export price recorded a slight decline. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mongolia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Boards, Panels, Consoles, Desks and Cabinets
Imports into the Russian Federation
In 2023, the amount of electrical boards, panels, consoles, desks and cabinets imported into Russia surged to X units, growing by X% on the previous year. Overall, imports, however, saw a pronounced downturn. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.
In value terms, electric board, desk and panel imports skyrocketed to $X in 2023. In general, imports, however, recorded a perceptible slump. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.
Imports by Country
Turkey (X units), China (X units) and Serbia (X units) were the main suppliers of electric board, desk and panel imports to Russia, with a combined X% share of total imports. Armenia, Lithuania, Poland, Germany and the Netherlands lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Armenia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, China ($X), Turkey ($X) and Armenia ($X) appeared to be the largest electric board, desk and panel suppliers to Russia, with a combined X% share of total imports.
Among the main suppliers, Armenia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average import price for electrical boards, panels, consoles, desks and cabinets stood at $X per unit in 2023, waning by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2022 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit, and then declined sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Armenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for electric board, desk and panel in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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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