Russian Federation: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in the Russian Federation

In 2022, after six years of growth, there was significant decline in the Russian telephone apparatus market, when its value decreased by X% to $X. In general, consumption, however, continues to indicate a notable expansion. Over the period under review, the market hit record highs at $X in 2021, and then fell significantly in the following year.

Telephone Apparatus Exports

Exports from the Russian Federation

Telephone apparatus exports from Russia fell notably to X units in 2022, waning by X% on the previous year's figure. Overall, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, telephone apparatus exports dropped dramatically to $X in 2022. In general, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X units) was the main destination for telephone apparatus exports from Russia, accounting for a X% share of total exports. Moreover, telephone apparatus exports to Kazakhstan exceeded the volume sent to the second major destination, Georgia (X units), more than tenfold. Turkey (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Turkey (X% per year).

In value terms, Kazakhstan ($X), Turkey ($X) and Georgia ($X) constituted the largest markets for telephone apparatus exported from Russia worldwide, with a combined X% share of total exports.

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

Export Prices by Country

The average telephone apparatus export price stood at $X per unit in 2022, declining by X% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price 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, telephone apparatus export price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Kazakhstan ($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 Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into the Russian Federation

In 2022, supplies from abroad of telephone apparatus decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. In general, imports, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X units in 2021, and then contracted sharply in the following year.

In value terms, telephone apparatus imports shrank markedly to $X in 2022. Over the period under review, total imports indicated a moderate 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. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank notably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of telephone apparatus to Russia, accounting for a X% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), ninefold. The third position in this ranking was held by the United Arab Emirates (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and the United Arab Emirates (X% per year).

In value terms, China ($X) constituted the largest supplier of telephone apparatus to Russia, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with an X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

In 2022, the average telephone apparatus import price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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