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

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

In 2021, the Romanian market for electrical boards, panels, consoles, desks and cabinets decreased by -6.6% to $X, falling for the second consecutive year after four years of growth. Over the period under review, consumption saw a noticeable slump. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, electric board, desk and panel production soared to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a pronounced decrease. The growth pace was the most rapid in 2013 when the production volume increased by 48%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

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

Exports from Romania

In 2021, shipments abroad of electrical boards, panels, consoles, desks and cabinets was finally on the rise to reach X units after two years of decline. The total export volume increased at an average annual rate of +5.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 surged to $X in 2021. Over the period under review, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +9.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X units), the Netherlands (X units) and Sweden (X units) were the main destinations of electric board, desk and panel exports from Romania, together comprising 43% of total exports. The UK, Spain, France, Austria, Poland, Italy, Switzerland, Slovakia, Australia and Germany lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +58.1%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), the Netherlands ($X) and Sweden ($X) were the largest markets for electric board, desk and panel exported from Romania worldwide, together comprising 40% of total exports. These countries were followed by Spain, France, the UK, Austria, Italy, Poland, Switzerland, Slovakia, Australia and Germany, which together accounted for a further 42%.

Slovakia, with a CAGR of +65.1%, saw the highest rates of growth with regard to 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 2021, picking up by 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.9%. The pace of growth was the most pronounced in 2013 when the average export price increased by 22%. The export price peaked in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.6%), 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 Romania

For the seventh consecutive year, Romania recorded growth in supplies from abroad of electrical boards, panels, consoles, desks and cabinets, which increased by 3.9% to X units in 2021. In general, imports saw prominent growth. The pace of growth was the most pronounced in 2018 with an increase of 19%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, electric board, desk and panel imports soared to $X in 2021. Over the period under review, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X units), Hungary (X units) and Bulgaria (X units) were the main suppliers of electric board, desk and panel imports to Romania, with a combined 40% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +64.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Italy ($X) and Bulgaria ($X) constituted the largest electric board, desk and panel suppliers to Romania, with a combined 38% share of total imports.

Bulgaria, with a CAGR of +70.8%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 2021, increasing by 20% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2014 when the average import price increased by 21% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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