ASEAN: Network Communications Equipment Market 2025

Network Communications Equipment Market Size in ASEAN

In 2022, the ASEAN network communications equipment market decreased by -4.6% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption, however, posted buoyant growth. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Network Communications Equipment Production in ASEAN

In value terms, network communications equipment production expanded notably to $X in 2022 estimated in export price. In general, production, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 with an increase of 197%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Network Communications Equipment Exports

Exports in ASEAN

In 2022, shipments abroad of network communications equipment increased by 6% to X units, rising for the third year in a row after two years of decline. Overall, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 198% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, network communications equipment exports soared to $X in 2022. In general, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2016 with an increase of 183%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Vietnam was the key exporting country with an export of around X units, which reached 46% of total exports. Malaysia (X units) took a 26% share (based on physical terms) of total exports, which put it in second place, followed by Singapore (22%) and Thailand (6.3%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Vietnam (with a CAGR of +48.0%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) remains the largest network communications equipment supplier in ASEAN, comprising 57% of total exports. The second position in the ranking was taken by Singapore ($X), with a 24% share of total exports. It was followed by Vietnam, with a 12% share.

From 2012 to 2022, the average annual growth rate of value in Malaysia totaled +11.4%. In the other countries, the average annual rates were as follows: Singapore (+3.9% per year) and Vietnam (+50.1% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, increasing by 26% against the previous year. Overall, the export price, however, recorded a perceptible slump. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.4%), while the other leaders experienced mixed trends in the export price figures.

Network Communications Equipment Imports

Imports in ASEAN

In 2022, the amount of network communications equipment imported in ASEAN surged to X units, rising by 36% compared with the year before. In general, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2017 when imports increased by 37% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, network communications equipment imports skyrocketed to $X in 2022. Overall, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Malaysia (X units) and Singapore (X units) represented roughly 72% of total imports in 2022. It was distantly followed by Vietnam (X units), Thailand (X units) and Indonesia (X units), together making up a 25% share of total imports. The Philippines (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +19.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported network communications equipment in ASEAN, comprising 43% of total imports. The second position in the ranking was held by Malaysia ($X), with a 16% share of total imports. It was followed by Indonesia, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore amounted to +6.3%. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (+6.2% per year) and Indonesia (+19.7% per year).

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, surging by 3.2% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 23%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform