Saudi Arabia: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Saudi Arabia

In 2022, after six years of decline, there was significant growth in the Saudi telephone apparatus market, when its value increased by X% to $X. In general, consumption, however, recorded a abrupt downturn. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Telephone Apparatus Exports

Exports from Saudi Arabia

After two years of growth, overseas shipments of telephone apparatus decreased by X% to X units in 2022. Over the period under review, exports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, telephone apparatus exports dropped markedly to $X in 2022. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined markedly in the following year.

Exports by Country

Bahrain (X units) was the main destination for telephone apparatus exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, telephone apparatus exports to Bahrain exceeded the volume sent to the second major destination, the United Arab Emirates (X units), more than tenfold. The third position in this ranking was taken by Estonia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bahrain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Estonia (X% per year).

In value terms, Bahrain ($X) emerged as the key foreign market for telephone apparatus exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Estonia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bahrain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Estonia (X% per year).

Export Prices by Country

In 2022, the average telephone apparatus export price amounted to $X per unit, shrinking by X% against the previous year. In general, the export price, however, enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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

Telephone Apparatus Imports

Imports into Saudi Arabia

In 2022, the amount of telephone apparatus imported into Saudi Arabia declined modestly to X units, shrinking by X% compared with 2021. Over the period under review, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, telephone apparatus imports reduced to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern 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. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Vietnam (X units) and India (X units) were the main suppliers of telephone apparatus imports to Saudi Arabia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of telephone apparatus to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and India (X% per year).

Import Prices by Country

The average telephone apparatus import price stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then reduced modestly in the following year.

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

Source: IndexBox Platform

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