China: Telecommunications Instrument Market 2024

Telecommunications Instrument Market Size in China

The Chinese telecommunications instrument market reduced to $X in 2022, dropping by X% against the previous year. Overall, consumption saw a noticeable shrinkage. Telecommunications instrument consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Telecommunications Instrument Production in China

In value terms, telecommunications instrument production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Telecommunications Instrument Exports

Exports from China

In 2022, overseas shipments of telecommunications instruments increased by X% to X units, rising for the third year in a row after two years of decline. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% 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.

In value terms, telecommunications instrument exports amounted to $X in 2022. Overall, total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units), Hong Kong SAR (X units) and Taiwan (Chinese) (X units) were the main destinations of telecommunications instrument exports from China, together accounting for X% of total exports. India, Vietnam, Malaysia, the United States, Thailand, Germany, Singapore, Brazil, South Korea and Oman lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for telecommunications instrument exported from China were Hong Kong SAR ($X), Taiwan (Chinese) ($X) and India ($X), together accounting for X% of total exports. Vietnam, Malaysia, the United States, Thailand, Singapore, Germany, Brazil, the United Arab Emirates, South Korea and Oman lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average telecommunications instrument export price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced a decline.

Telecommunications Instrument Imports

Imports into China

In 2022, purchases abroad of telecommunications instruments decreased by X% to X units, falling for the third year in a row after two years of growth. In general, imports showed a precipitous descent. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, telecommunications instrument imports contracted markedly to $X in 2022. Overall, imports recorded a deep reduction. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Malaysia (X units), Germany (X units) and the United States (X units) were the main suppliers of telecommunications instrument imports to China, together accounting for X% of total imports. Japan, Taiwan (Chinese), the UK, France, Canada, the Czech Republic, Thailand and Lebanon lagged somewhat behind, together comprising a further X%.

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

In value terms, Malaysia ($X), Germany ($X) and the United States ($X) were the largest telecommunications instrument suppliers to China, with a combined X% share of total imports. Japan, Taiwan (Chinese), Thailand, the UK, the Czech Republic, France, Canada and Lebanon lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Lebanon, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average telecommunications instrument import price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Thailand ($X per unit), while the price for Canada ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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