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

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

The Canadian market for electrical boards, panels, consoles, desks and cabinets fell to $X in 2021, waning by -9.5% against the previous year. In general, consumption saw a relatively flat trend pattern. Electric board, desk and panel consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

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

In value terms, electric board, desk and panel production reduced to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 40%. Over the period under review, production attained the peak level at $X in 2020, and then reduced in the following year.

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

Exports from Canada

After two years of growth, shipments abroad of electrical boards, panels, consoles, desks and cabinets decreased by -4.7% to X units in 2021. Over the period under review, exports saw a slight contraction. The most prominent rate of growth was recorded in 2016 with an increase of 17%. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electric board, desk and panel exports rose modestly to $X in 2021. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 15%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for electric board, desk and panel exports from Canada, accounting for a 88% share of total exports. It was followed by China (X units), with a 1.8% share of total exports. The third position in this ranking was taken by Hong Kong SAR (X units), with a 1.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+9.6% per year) and Hong Kong SAR (-13.6% per year).

In value terms, the United States ($X) remains the key foreign market for electrical boards, panels, consoles, desks and cabinets exports from Canada, comprising 87% of total exports. The second position in the ranking was taken by China ($X), with a 1.8% share of total exports. It was followed by Hong Kong SAR, with a 1.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+10.0% per year) and Hong Kong SAR (-13.3% per year).

Export Prices by Country

In 2021, the average export price for electrical boards, panels, consoles, desks and cabinets amounted to $X per unit, growing by 9.3% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Spain ($X per unit) and South Africa ($X per unit), while the average price for exports to Hong Kong SAR ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+0.4%), 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 Canada

In 2021, the amount of electrical boards, panels, consoles, desks and cabinets imported into Canada rose significantly to X units, with an increase of 11% against the year before. Over the period under review, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 15% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, electric board, desk and panel imports surged to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 20%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X units) constituted the largest electric board, desk and panel supplier to Canada, with a 52% share of total imports. Moreover, electric board, desk and panel imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by Mexico (X units), with a 7% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to -7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.1% per year) and Mexico (-6.3% per year).

In value terms, the United States ($X) constituted the largest supplier of electrical boards, panels, consoles, desks and cabinets to Canada, comprising 52% of total imports. The second position in the ranking was taken by China ($X), with a 24% share of total imports. It was followed by Mexico, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+12.1% per year) and Mexico (-1.9% 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, growing by 7.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Mexico ($X per unit) and the United States ($X per unit), while the price for Turkey ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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