Africa: Market for Electrical Boards, Panels, Consoles, Desks and Cabinets 2024

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

The African market for electrical boards, panels, consoles, desks and cabinets rose modestly to $X in 2023, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

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

In value terms, electric board, desk and panel production totaled $X in 2023 estimated in export price. The total production indicated a moderate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

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

Exports in Africa

In 2023, exports of electrical boards, panels, consoles, desks and cabinets in Africa surged to X units, increasing by X% on the year before. In general, exports posted strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked in 2023 and is likely to continue growth in the immediate term.

In value terms, electric board, desk and panel exports soared to $X in 2023. Over the period under review, exports saw a notable expansion. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Morocco (X units) and South Africa (X units) represented the largest exporters of electrical boards, panels, consoles, desks and cabinets in 2023, resulting at approx. X% and X% of total exports, respectively. Tunisia (X units) ranks next in terms of the total exports with a X% share, followed by Egypt (X%).

From 2012 to 2023, the biggest increases were recorded for Egypt (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest electric board, desk and panel supplying countries in Africa were Morocco ($X), South Africa ($X) and Tunisia ($X), with a combined X% share of total exports. Egypt lagged somewhat behind, accounting for a further X%.

In terms of the main exporting countries, Egypt, with a CAGR of X%, recorded 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

In 2023, the export price in Africa amounted to $X per unit, waning by X% against the previous year. In general, the export price showed a perceptible contraction. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Tunisia ($X per unit), while Morocco ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in Africa

In 2023, electric board, desk and panel imports in Africa skyrocketed to X units, jumping by X% on the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, electric board, desk and panel imports skyrocketed to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the three major importers of electrical boards, panels, consoles, desks and cabinets, namely South Africa, Algeria and Nigeria, represented more than third of total import. Morocco (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Egypt (X%). Zimbabwe (X units), Libya (X units), Cote d'Ivoire (X units), Tunisia (X units), Kenya (X units), Angola (X units), Tanzania (X units) and Cameroon (X units) held a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Zimbabwe (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Morocco ($X) and Algeria ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Egypt, Nigeria, Cote d'Ivoire, Zimbabwe, Libya, Tunisia, Kenya, Cameroon, Tanzania and Angola lagged somewhat behind, together comprising a further X%.

Zimbabwe, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Africa amounted to $X per unit, which is down by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2021; however, from 2022 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Egypt ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kenya (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform