Report Update: May 1, 2024

Sri Lanka - Telephone Apparatus - Market Analysis, Forecast, Size, Trends And Insights

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Telephone Apparatus Price in Sri Lanka - 2021

Telephone Apparatus Price in Sri Lanka (CIF) - 2022

The average telephone apparatus import price stood at $85,482 per ton in 2021, approximately equating the previous year. Overall, import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, telephone apparatus import price decreased by -1.1% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 37%. As a result, import price reached the peak level of $86,472 per ton. From 2020 to 2021, the average import prices failed to regain momentum.

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 Vietnam ($716,081 per ton), while the price for Sweden ($136,399 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Telephone Apparatus Price in Sri Lanka (FOB) - 2022

In 2021, the average telephone apparatus export price amounted to $136,260 per ton, increasing by 57% against the previous year. In general, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 144% against the previous year. Over the period under review, the average export prices hit record highs at $376,905 per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($304,250 per ton), while the average price for exports to Malaysia ($32,477 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+37.0%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports in Sri Lanka

In 2022, approx. 2.5K tons of telephone apparatus were imported into Sri Lanka; which is down by -66.9% on 2021. In general, imports recorded a dramatic slump. The pace of growth appeared the most rapid in 2021 when imports increased by 151% against the previous year. As a result, imports attained the peak of 7.6K tons, and then reduced markedly in the following year.

In value terms, telephone apparatus imports declined rapidly to $175M in 2022. Overall, imports recorded a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 150%. As a result, imports attained the peak of $646M, and then fell markedly in the following year.

Import of Telephone Apparatus in Sri Lanka (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
China	297	312	469	25.7%
Vietnam	73.6	59.9	138	36.9%
India	25.6	16.6	13.7	-26.8%
Sweden	3.0	4.9	2.0	-18.4%
Others	65.8	-134.8	23.9	-39.7%
Total	465	258	646	17.9%

Top Suppliers of Telephone Apparatus to Sri Lanka in 2022:

Sweden (undefinedK tons)
China (1.8K tons)
Vietnam (0.2K tons)
India (0.1K tons)

Telephone Apparatus Exports in Sri Lanka

In 2022, shipments abroad of telephone apparatus decreased by -10.9% to 30 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a precipitous decrease. The pace of growth appeared the most rapid in 2020 with an increase of 3.3% against the previous year. As a result, the exports attained the peak of 108 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, telephone apparatus exports rose significantly to $5.2M in 2022. Over the period under review, exports continue to indicate a sharp contraction.

Export of Telephone Apparatus in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Hong Kong SAR	1,756	1,051	1,938	5.1%
Switzerland	1,934	3,376	834	-34.3%
Singapore	519	558	406	-11.6%
United States	517	189	291	-25.0%
Malaysia	234	179	176	-13.3%
Maldives	241	178	157	-19.3%
Germany	388	552	112	-46.3%
China	3,292	1,658	14.9	-93.3%
Russia	2,239	1,222	6.1	-94.8%
Others	38.7	431	708	327.7%
Total	11,158	9,393	4,643	-35.5%

Top Export Markets for Telephone Apparatus from Sri Lanka in 2022:

Russia (undefined tons)
Hong Kong SAR (42.9 tons)
Malaysia (5.4 tons)
Switzerland (2.8 tons)
Singapore (1.7 tons)
Maldives (1.3 tons)
United States (1.1 tons)
Germany (0.9 tons)
China (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the telephone apparatus market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26302100 - Line telephone sets with cordless handsets
Prodcom 26302200 - Telephones for cellular networks or for other wireless networks
Prodcom 26302310 - Base stations
Prodcom 26302320 - Machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
Prodcom 26302330 - Telephone sets (excluding line telephone sets with cordless handsets and telephones for cellular networks or for other wireless networks), videophones
Prodcom 26302340 - Portable receivers for calling or paging
Prodcom 26302370 - Other apparatus for the transmission or reception of voice, i mages or other data, including apparatus for communication in a wired or wireless network (such as a local or wide area network), other than transmission or reception apparatus of HS
Prodcom 26404400 - Radio-telephony or radio-telegraphy reception apparatus (excluding portable receivers for calling or paging, those combined with radio receivers)

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023