EU: Telephonic Switching Apparatus Market 2024

Telephonic Switching Apparatus Market Size in the EU

For the sixth consecutive year, the EU telephonic switching apparatus market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption recorded prominent growth. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Telephonic Switching Apparatus Production in the EU

In value terms, telephonic switching apparatus production surged to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Telephonic Switching Apparatus Exports

Exports in the EU

For the third consecutive year, the European Union recorded growth in overseas shipments of telephonic or telegraphic switching apparatus, which increased by X% to X units in 2022. Total exports indicated a prominent increase from 2012 to 2022: its volume 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 2014 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, telephonic switching apparatus exports rose slightly to $X in 2022. Overall, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, the Netherlands (X units) represented the key exporter of telephonic or telegraphic switching apparatus, achieving X% of total exports. France (X units) ranks second in terms of the total exports with a X% share, followed by the Czech Republic (X%), Germany (X%), Poland (X%) and Sweden (X%). Hungary (X units) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to telephonic switching apparatus exports from the Netherlands stood at X%. At the same time, Poland (X%), the Czech Republic (X%), France (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Sweden experienced a relatively flat trend pattern. By contrast, Germany (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, the Czech Republic and France increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest telephonic switching apparatus supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by the Czech Republic, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, shrinking by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then reduced in the following year.

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 Germany ($X per unit), while France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Telephonic Switching Apparatus Imports

Imports in the EU

In 2022, overseas purchases of telephonic or telegraphic switching apparatus increased by X% to X units, rising for the sixth consecutive year after two years of decline. Over the period under review, imports posted resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, telephonic switching apparatus imports rose markedly to $X in 2022. In general, imports saw a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the Netherlands (X units), distantly followed by Germany (X units), France (X units), the Czech Republic (X units), Poland (X units), Sweden (X units) and Italy (X units) were the key importers of telephonic or telegraphic switching apparatus, together generating X% of total imports. Spain (X units), Hungary (X units), Belgium (X units) and Ireland (X units) held a relatively small share of total imports.

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

In value terms, the largest telephonic switching apparatus importing markets in the European Union were the Netherlands ($X), Germany ($X) and France ($X), together comprising X% of total imports. The Czech Republic, Italy, Sweden, Poland, Spain, Hungary, Belgium and Ireland lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, recorded the highest growth rate of 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 the European Union amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price saw a modest increase. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of import peaked at $X per unit in 2016; however, from 2017 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 Ireland ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :