Eastern Asia: Telephonic Switching Apparatus Market 2024

Telephonic Switching Apparatus Market Size in Eastern Asia

The East Asian telephonic switching apparatus market was finally on the rise to reach $X in 2022, after four years of decline. Over the period under review, consumption posted modest growth. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Telephonic Switching Apparatus Production in Eastern Asia

In value terms, telephonic switching apparatus production declined modestly to $X in 2022 estimated in export price. The total production indicated pronounced growth 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Telephonic Switching Apparatus Exports

Exports in Eastern Asia

In 2022, after five years of growth, there was decline in overseas shipments of telephonic or telegraphic switching apparatus, when their volume decreased by X% to X units. In general, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2021, and then shrank modestly in the following year.

In value terms, telephonic switching apparatus exports expanded notably to $X in 2022. Total exports indicated a remarkable increase 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 increased by X% against 2012 indices. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

China was the largest exporter of telephonic or telegraphic switching apparatus in Eastern Asia, with the volume of exports accounting for X units, which was near X% of total exports in 2022. Hong Kong SAR (X units) held the second position in the ranking, followed by Taiwan (Chinese) (X units). All these countries together took near X% share of total exports. Japan (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%) and Hong Kong SAR (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Taiwan (Chinese) increased by X and X percentage points, respectively.

In value terms, China ($X) remains the largest telephonic switching apparatus supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price, however, showed a perceptible reduction. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while Japan ($X per unit) was amongst the lowest.

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

Telephonic Switching Apparatus Imports

Imports in Eastern Asia

In 2022, purchases abroad of telephonic or telegraphic switching apparatus decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of import peaked at X units in 2021, and then reduced in the following year.

In value terms, telephonic switching apparatus imports expanded remarkably to $X in 2022. Total imports indicated prominent growth 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, imports increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

China represented the main importing country with an import of around X units, which recorded X% of total imports. Hong Kong SAR (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Japan (X%) and Taiwan (Chinese) (X%). South Korea (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the telephonic or telegraphic switching apparatus imports, with a CAGR of X% from 2012 to 2022. At the same time, South Korea (X%), Taiwan (Chinese) (X%), Japan (X%) and Hong Kong SAR (X%) displayed positive paces of growth. While the share of China (X p.p.) and Taiwan (Chinese) (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Japan (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest telephonic switching apparatus importing markets in Eastern Asia were China ($X), Hong Kong SAR ($X) and Japan ($X), together comprising X% of total imports.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per unit), while China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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