ASEAN: Network Communications Equipment Market 2024

Network Communications Equipment Market Size in ASEAN

The ASEAN network communications equipment market declined modestly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption continues to indicate a perceptible curtailment. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Network Communications Equipment Production in ASEAN

In value terms, network communications equipment production dropped slightly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Network Communications Equipment Exports

Exports in ASEAN

After four years of decline, shipments abroad of network communications equipment increased by X% to X units in 2022. Over the period under review, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, network communications equipment exports soared to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports attained the maximum at $X in 2018; afterwards, it flattened through to 2022.

Exports by Country

In 2022, Malaysia (X units) and Singapore (X units) represented the major exporters of network communications equipment in ASEAN, together accounting for near X% of total exports. Vietnam (X units) ranks next in terms of the total exports with a X% share, followed by Thailand (X%).

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) remains the largest network communications equipment supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

In Malaysia, network communications equipment exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Singapore (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price showed a noticeable reduction. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced a decline in the export price figures.

Network Communications Equipment Imports

Imports in ASEAN

In 2022, the amount of network communications equipment imported in ASEAN surged to X units, jumping by X% against 2021 figures. Overall, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, network communications equipment imports soared to $X in 2022. Over the period under review, imports posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Singapore (X units) and Malaysia (X units) prevails in imports structure, together mixing up X% of total imports. Thailand (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%). The following importers - the Philippines (X units) and Indonesia (X units) - each reached a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported network communications equipment in ASEAN, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

In Singapore, network communications equipment imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Vietnam (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, remaining stable against the previous year. Overall, the import price saw a pronounced decline. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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