Republic of Korea - Telephonic Or Telegraphic Switching Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTelephonic Switching Apparatus Price in South Korea - 2022
Contents:
- Telephonic Switching Apparatus Price in South Korea (CIF) - 2022
- Telephonic Switching Apparatus Price in South Korea (FOB) - 2022
- Telephonic Switching Apparatus Imports in South Korea
- Telephonic Switching Apparatus Exports in South Korea
Telephonic Switching Apparatus Price in South Korea (CIF) - 2022
The average telephonic switching apparatus import price stood at $84.0 per unit in December 2022, falling by -16.2% against the previous month. Over the period under review, the import price showed a slight slump. The growth pace was the most rapid in October 2022 an increase of 30% m-o-m. As a result, import price attained the peak level of $133 per unit. From November 2022 to December 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was the United States ($519 per unit), while the price for China ($59.6 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Telephonic Switching Apparatus Price in South Korea (FOB) - 2022
The average telephonic switching apparatus export price stood at $99 per unit in 2021, with an increase of 24% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2016 an increase of 39% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see steady growth in years to come.
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 Vietnam ($946 per unit), while the average price for exports to Egypt ($13 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 Poland (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Telephonic Switching Apparatus Imports in South Korea
In 2022, telephonic switching apparatus imports into South Korea rose to 34M units, surging by 1.8% on 2021. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 7.2%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, telephonic switching apparatus imports contracted modestly to $3.3B in 2022. The total import value increased at an average annual rate of +10.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of $3.4B, and then fell in the following year.
Import of Telephonic Switching Apparatus in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
China | 1,530 | 1,562 | 1,899 | 11.4% | |
Vietnam | 262 | 388 | 701 | 63.6% | |
Malaysia | 134 | 142 | 153 | 6.9% | |
United States | 110 | 111 | 110 | 0.0% | |
Taiwan (Chinese) | 59.5 | 85.3 | 106 | 33.5% | |
Mexico | 85.9 | 90.7 | 66.1 | -12.3% | |
Indonesia | 9.4 | 13.3 | 17.2 | 35.3% | |
Others | 280 | 298 | 350 | 11.8% | |
Total | 2,470 | 2,690 | 3,402 | 17.4% |
Top Suppliers of Telephonic Switching Apparatus to South Korea in 2022:
- China (10.2M units)
- Vietnam (1.8M units)
- Taiwan (Chinese) (0.4M units)
- Malaysia (0.4M units)
- Indonesia (0.2M units)
- United States (0.2M units)
- Mexico (0.1M units)
Telephonic Switching Apparatus Exports in South Korea
In 2022, telephonic switching apparatus exports from South Korea reached 10M units, remaining constant against the previous year. The total export volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. As a result, the exports attained the peak of 12M units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, telephonic switching apparatus exports stood at $1B in 2022. The total export value increased at an average annual rate of +10.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.
Export of Telephonic Switching Apparatus in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
United States | 186 | 181 | 214 | 7.3% | |
Japan | 156 | 230 | 205 | 14.6% | |
Vietnam | 88.5 | 125 | 190 | 46.5% | |
China | 69.2 | 72.3 | 64.5 | -3.5% | |
Mexico | 13.3 | 19.3 | 40.1 | 73.6% | |
Poland | 17.9 | 21.0 | 26.7 | 22.1% | |
United Kingdom | 8.2 | 9.0 | 19.9 | 55.8% | |
India | 27.2 | 65.0 | 16.4 | -22.4% | |
Indonesia | 7.9 | 10.9 | 14.0 | 33.1% | |
Rwanda | 0.2 | 0.1 | 7.4 | 508.3% | |
Saudi Arabia | 6.4 | 7.7 | 6.3 | -0.8% | |
South Africa | 3.1 | 1.9 | 3.6 | 7.8% | |
Egypt | 2.5 | 1.6 | 1.8 | -15.1% | |
Others | 179 | 179 | 194 | 4.1% | |
Total | 765 | 924 | 1,003 | 14.5% |
Top Export Markets for Telephonic Switching Apparatus from South Korea in 2022:
- Japan (911.2K units)
- United States (779.8K units)
- Vietnam (200.6K units)
- Saudi Arabia (166.5K units)
- India (144.4K units)
- China (142.2K units)
- Egypt (140.3K units)
- Mexico (135.7K units)
- Indonesia (114.1K units)
- Rwanda (81.7K units)
- United Kingdom (79.9K units)
- Poland (78.0K units)
- South Africa (70.1K units)
This report provides an in-depth analysis of the telephonic switching apparatus market in Republic of Korea. 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 26302320 - Machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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.
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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
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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
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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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Explore the top import markets for telephonic switching apparatus using data from the IndexBox market intelligence platform. Learn about the import values and key statistics of the world's leading countries. Find out which countries dominate the global import market for telephonic switching apparatus.
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In 2016, approx. X tons of telephone were imported worldwide- picking up by X% against the previous year figure. Overall, telephone imports continue to indicate a strong growth. The pace of grow...
In 2016, approx. X tons of telephone were imported worldwide- picking up by X% against the previous year figure. Overall, telephone imports continue to indicate a strong growth. The pace of grow...
Explore the top import markets for telephonic switching apparatus using data from the IndexBox market intelligence platform. Learn about the import values and key statistics of the world's leading countries. Find out which countries dominate the global import market for telephonic switching apparatus.
Explore the top import markets for telephone apparatus and their key statistics. Learn about the leading countries in the global trade of telephone apparatus.
Explore the top import markets for Transmission Apparatus, including the United States, Hong Kong SAR, and the United Arab Emirates. Discover key statistics and market insights from IndexBox.
In 2016, approx. X tons of telephone were imported worldwide- picking up by X% against the previous year figure. Overall, telephone imports continue to indicate a strong growth. The pace of grow...
In 2016, approx. X tons of telephone were imported worldwide- picking up by X% against the previous year figure. Overall, telephone imports continue to indicate a strong growth. The pace of grow...