U.S. - Telephones And Videophones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTelephone Price in the United States - 2023
Contents:
- Telephone Price in the United States (CIF) - 2022
- Telephone Price in the United States (FOB) - 2023
- Telephone Imports in the United States
- Telephone Exports in the United States
Telephone Price in the United States (CIF) - 2022
In 2022, the average telephone import price amounted to $49 per unit, with an increase of 13% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, telephone import price increased by +26.4% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 23% against the previous year. The import price peaked at $59 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($70 per unit), while the price for Indonesia ($16 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Telephone Price in the United States (FOB) - 2023
In August 2023, the average telephone export price amounted to $93.5 per unit, shrinking by -2.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in March 2023 an increase of 68% against the previous month. The export price peaked at $95.7 per unit in July 2023, and then reduced slightly in the following month.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Colombia ($196 per unit), while the average price for exports to Nigeria ($37.1 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Telephone Imports in the United States
In 2022, imports of telephones and videophones into the United States rose to 23M units, picking up by 4.8% compared with 2021. Over the period under review, imports, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 4.8%. Imports peaked at 26M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, telephone imports soared to $1.1B in 2022. Overall, imports, however, continue to indicate a mild downturn. Imports peaked at $1.2B in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Telephone in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 852 | 567 | 704 | 858 | 0.2% |
| Mexico | 67.9 | 73.6 | 85.6 | 112 | 18.2% |
| Malaysia | 84.0 | 53.8 | 54.8 | 42.1 | -20.6% |
| Vietnam | 11.0 | 8.2 | 5.6 | 29.1 | 38.3% |
| Taiwan (Chinese) | 15.5 | 13.4 | 22.3 | 23.1 | 14.2% |
| Indonesia | 2.3 | 31.9 | 41.2 | 15.7 | 89.7% |
| Others | 132 | 67.3 | 43.9 | 51.7 | -26.8% |
| Total | 1,166 | 815 | 957 | 1,131 | -1.0% |
Top Suppliers of Telephone to the United States in 2022:
- China (17.9M units)
- Mexico (1.6M units)
- Indonesia (1.0M units)
- Malaysia (1.0M units)
- Taiwan (Chinese) (0.5M units)
- Vietnam (0.4M units)
Telephone Exports in the United States
Telephone exports from the United States skyrocketed to 9.1M units in 2022, jumping by 109% on the year before. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, telephone exports skyrocketed to $744M in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Telephone in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 12.2 | 41.3 | 100 | 180 | 145.3% |
| Hong Kong SAR | 47.8 | 16.0 | 19.8 | 82.5 | 20.0% |
| Mexico | 39.0 | 26.2 | 42.7 | 80.3 | 27.2% |
| United Arab Emirates | 13.1 | 5.0 | 9.8 | 73.1 | 77.4% |
| Canada | 102 | 65.1 | 67.5 | 72.2 | -10.9% |
| Colombia | 16.9 | 7.2 | 8.6 | 36.5 | 29.3% |
| United Kingdom | 13.0 | 10.0 | 10.7 | 18.4 | 12.3% |
| Ecuador | 6.6 | 15.8 | 9.1 | 15.5 | 32.9% |
| Netherlands | 7.1 | 5.9 | 9.0 | 14.4 | 26.6% |
| Brazil | 10.3 | 9.1 | 4.8 | 8.9 | -4.8% |
| Czech Republic | 0.4 | 0.2 | 1.0 | 8.7 | 179.1% |
| Others | 152 | 113 | 113 | 154 | 0.4% |
| Total | 421 | 315 | 396 | 744 | 20.9% |
Top Export Markets for Telephone from the United States in 2022:
- Venezuela (2544.9K units)
- United Arab Emirates (1181.9K units)
- Mexico (972.4K units)
- Hong Kong SAR (856.1K units)
- Canada (535.6K units)
- Colombia (299.7K units)
- Ecuador (281.8K units)
- United Kingdom (244.2K units)
- Czech Republic (188.5K units)
- Netherlands (166.0K units)
- Brazil (111.6K units)
This report provides an in-depth analysis of the telephone market in the U.S.. 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 26302330 - Telephone sets (excluding line telephone sets with cordless handsets and telephones for cellular networks or for other wireless networks), videophones
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, telephone apparatus imports reached $8.4B in April 2023.
272
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