India: Telecommunications Instrument Market 2024

Telecommunications Instrument Market Size in India

The Indian telecommunications instrument market amounted to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Telecommunications instrument consumption peaked in 2022 and is likely to continue growth in years to come.

Telecommunications Instrument Production in India

In value terms, telecommunications instrument production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Telecommunications instrument production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Telecommunications Instrument Exports

Exports from India

In 2022, approx. X units of telecommunications instruments were exported from India; jumping by X% compared with 2021. In general, exports enjoyed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, telecommunications instrument exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Japan (X units) was the main destination for telecommunications instrument exports from India, with a X% share of total exports. Moreover, telecommunications instrument exports to Japan exceeded the volume sent to the second major destination, the United States (X units), fourfold. The third position in this ranking was held by Hong Kong SAR (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Japan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Hong Kong SAR (X% per year).

In value terms, Japan ($X) emerged as the key foreign market for telecommunications instruments exports from India, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Japan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

In 2022, the average telecommunications instrument export price amounted to $X per unit, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: 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 Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.

Telecommunications Instrument Imports

Imports into India

Telecommunications instrument imports into India surged to X units in 2022, with an increase of X% compared with the previous year's figure. Overall, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, telecommunications instrument imports soared to $X in 2022. Over the period under review, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The United States (X units), Malaysia (X units) and China (X units) were the main suppliers of telecommunications instrument imports to India, together accounting for X% of total imports. Singapore, Germany, Hong Kong SAR, the UK, Taiwan (Chinese), Japan, South Korea and Thailand lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X), Malaysia ($X) and China ($X) were the largest telecommunications instrument suppliers to India, together comprising X% of total imports. Singapore, Germany, Hong Kong SAR, the UK, Taiwan (Chinese), Japan, South Korea and Thailand lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average telecommunications instrument import price amounted to $X per unit, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($X per unit) and Taiwan (Chinese) ($X per unit), while the price for Thailand ($X per unit) and Japan ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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