Czech Republic: Market for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V 2025

Market Size for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V in the Czech Republic

In 2022, the Czech electrical board and console market increased by 1.2% to $X, rising for the third year in a row after three years of decline. In general, consumption, however, recorded prominent growth. Electrical board and console consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding X V in the Czech Republic

In value terms, electrical board and console production declined to $X in 2022 estimated in export price. Overall, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +70.3% against 2019 indices. The growth pace was the most rapid in 2020 when the production volume increased by 52% against the previous year. Electrical board and console production peaked at $X in 2021, and then contracted in the following year.

Exports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V

Exports from the Czech Republic

In 2022, the amount of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v exported from the Czech Republic stood at X units, surging by 15% against 2021. The total export volume increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 38%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, electrical board and console exports amounted to $X in 2022. The total export value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 39%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X units), Finland (X units) and Sweden (X units) were the main destinations of electrical board and console exports from the Czech Republic, together accounting for 20% of total exports. The Netherlands, Ukraine, Belarus, Switzerland, Ireland, the UK, South Korea, Turkey, the United Arab Emirates and Canada lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +26.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electrical board and console exported from the Czech Republic were Ukraine ($X), Germany ($X) and Finland ($X), together accounting for 22% of total exports.

In terms of the main countries of destination, Ukraine, with a CAGR of +21.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electrical board and console export price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 8.5% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V

Imports into the Czech Republic

Electrical board and console imports into the Czech Republic surged to X units in 2022, increasing by 17% on 2021 figures. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by 40%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, electrical board and console imports surged to $X in 2022. Overall, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 90%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Slovakia (X units) constituted the largest supplier of electrical board and console to the Czech Republic, accounting for a 56% share of total imports. Moreover, electrical board and console imports from Slovakia exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Turkey (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Slovakia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.4% per year) and Turkey (+16.0% per year).

In value terms, Germany ($X) constituted the largest supplier of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v to the Czech Republic, comprising 56% of total imports. The second position in the ranking was held by France ($X), with a 16% share of total imports. It was followed by Turkey, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+47.4% per year) and Turkey (+18.0% per year).

Import Prices by Country

In 2022, the average electrical board and console import price amounted to $X per unit, surging by 16% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 58% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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