Belarus: Market for Electrical Boards, Panels, Consoles, Desks and Cabinets 2025

Market Size for Electrical Boards, Panels, Consoles, Desks and Cabinets in Belarus

In 2021, the Belarusian market for electrical boards, panels, consoles, desks and cabinets decreased by -29% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption recorded a deep reduction. Electric board, desk and panel consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Electrical Boards, Panels, Consoles, Desks and Cabinets in Belarus

In value terms, electric board, desk and panel production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a tangible increase. The growth pace was the most rapid in 2016 when the production volume increased by 33% against the previous year. Electric board, desk and panel production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Electrical Boards, Panels, Consoles, Desks and Cabinets

Exports from Belarus

In 2021, after two years of decline, there was significant growth in shipments abroad of electrical boards, panels, consoles, desks and cabinets, when their volume increased by 87% to X units. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 256% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, electric board, desk and panel exports surged to $X in 2021. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 183%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for electric board, desk and panel exports from Belarus, accounting for a approx. 98% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled +52.0%.

In value terms, Russia ($X) also remains the key foreign market for electrical boards, panels, consoles, desks and cabinets exports from Belarus.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia totaled +28.3%.

Export Prices by Country

The average export price for electrical boards, panels, consoles, desks and cabinets stood at $X per unit in 2021, picking up by 14% against the previous year. Overall, the export price, however, faced a deep reduction. The most prominent rate of growth was recorded in 2019 an increase of 21% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -15.6% per year.

Imports of Electrical Boards, Panels, Consoles, Desks and Cabinets

Imports into Belarus

In 2021, imports of electrical boards, panels, consoles, desks and cabinets into Belarus reduced remarkably to X units, which is down by -15.7% against 2020. In general, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -42.8% against 2017 indices. The growth pace was the most rapid in 2017 when imports increased by 34%. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, electric board, desk and panel imports fell to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 24%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X units) constituted the largest electric board, desk and panel supplier to Belarus, accounting for a 52% share of total imports. Moreover, electric board, desk and panel imports from Russia exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Italy (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia amounted to +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+21.2% per year) and Italy (+23.4% per year).

In value terms, Russia ($X) constituted the largest supplier of electrical boards, panels, consoles, desks and cabinets to Belarus, comprising 46% of total imports. The second position in the ranking was taken by Poland ($X), with an 11% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Russia amounted to -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+15.0% per year) and Italy (+13.9% per year).

Import Prices by Country

The average import price for electrical boards, panels, consoles, desks and cabinets stood at $X per unit in 2021, picking up by 10% against the previous year. In general, the import price, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 44% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Lithuania ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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