Thailand: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Thailand

In 2022, the Thai telephone apparatus market decreased by X% to $X, falling for the seventh consecutive year after two years of growth. Overall, consumption recorded a deep downturn. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Telephone Apparatus Production in Thailand

In value terms, telephone apparatus production contracted sharply to $X in 2022 estimated in export price. In general, production recorded a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Telephone apparatus production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Telephone Apparatus Exports

Exports from Thailand

In 2022, approx. X units of telephone apparatus were exported from Thailand; growing by X% compared with the previous year. Over the period under review, exports showed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, telephone apparatus exports soared to $X in 2022. Overall, exports enjoyed a strong increase. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

The United States (X units) was the main destination for telephone apparatus exports from Thailand, accounting for a X% share of total exports. Moreover, telephone apparatus exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X units), eightfold. The third position in this ranking was taken by Mexico (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Mexico (X% per year).

In value terms, the United States ($X) remains the key foreign market for telephone apparatus exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

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

Export Prices by Country

In 2022, the average telephone apparatus export price amounted to $X per unit, growing by X% against the previous year. Overall, the export price recorded resilient growth. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

Telephone Apparatus Imports

Imports into Thailand

In 2022, after five years of growth, there was significant decline in supplies from abroad of telephone apparatus, when their volume decreased by X% to X units. In general, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked at X units in 2021, and then dropped in the following year.

In value terms, telephone apparatus imports reduced to $X in 2022. The total import value increased at an average annual rate of X% 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 2021 with an increase of X%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of telephone apparatus to Thailand, accounting for a X% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), more than tenfold.

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

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

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

Import Prices by Country

In 2022, the average telephone apparatus import price amounted to $X per unit, remaining stable against the previous year. Over the period under review, the import price saw a perceptible curtailment. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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