Latin America and the Caribbean: Telephonic Switching Apparatus Market 2024

Telephonic Switching Apparatus Market Size in Latin America and the Caribbean

In 2022, the Latin American telephonic switching apparatus market increased by X% to $X, rising for the fifth consecutive year after two years of decline. The total consumption indicated resilient 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, consumption increased by X% against 2017 indices. The level of consumption peaked in 2022 and is likely to continue growth in years to come.

Telephonic Switching Apparatus Production in Latin America and the Caribbean

In value terms, telephonic switching apparatus production skyrocketed to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Telephonic Switching Apparatus Exports

Exports in Latin America and the Caribbean

After two years of growth, overseas shipments of telephonic or telegraphic switching apparatus decreased by X% to X units in 2022. Overall, exports, however, showed buoyant growth. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, telephonic switching apparatus exports rose notably to $X in 2022. In general, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X units) represented roughly X% of total exports in 2022.

Mexico was also the fastest-growing in terms of the telephonic or telegraphic switching apparatus exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) also remains the largest telephonic switching apparatus supplier in Latin America and the Caribbean.

In Mexico, telephonic switching apparatus exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, picking up by X% against the previous year. In general, the export price, however, saw a noticeable contraction. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Mexico.

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to X% per year.

Telephonic Switching Apparatus Imports

Imports in Latin America and the Caribbean

In 2022, supplies from abroad of telephonic or telegraphic switching apparatus decreased by X% to X units for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, imports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then reduced in the following year.

In value terms, telephonic switching apparatus imports rose markedly to $X in 2022. Total imports indicated a resilient 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Mexico (X units) was the major importer of telephonic or telegraphic switching apparatus, creating X% of total imports. It was distantly followed by Brazil (X units), Argentina (X units) and Colombia (X units), together mixing up a X% share of total imports. The following importers - Chile (X units) and Peru (X units) - together made up X% of total imports.

Imports into Mexico increased at an average annual rate of X% from 2012 to 2022. At the same time, Argentina (X%), Peru (X%), Colombia (X%), Chile (X%) and Brazil (X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. While the share of Mexico (X p.p.) and Argentina (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported telephonic or telegraphic switching apparatus in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

In Mexico, telephonic switching apparatus imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Colombia (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price, however, showed a pronounced descent. The level of import peaked at $X per unit in 2015; however, from 2016 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 Chile ($X per unit), while Brazil ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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