ASEAN: Telephonic Switching Apparatus Market 2025

Telephonic Switching Apparatus Market Size in ASEAN

After two years of decline, the ASEAN telephonic switching apparatus market increased by 24% to $X in 2022. The total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Telephonic Switching Apparatus Production in ASEAN

In value terms, telephonic switching apparatus production rose rapidly to $X in 2022 estimated in export price. Overall, production, however, recorded a resilient increase. The pace of growth was the most pronounced in 2020 when the production volume increased by 50%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Telephonic Switching Apparatus Exports

Exports in ASEAN

After five years of growth, overseas shipments of telephonic or telegraphic switching apparatus decreased by -24.7% to X units in 2022. Over the period under review, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 115% against the previous year. The volume of export peaked at X units in 2021, and then shrank notably in the following year.

In value terms, telephonic switching apparatus exports contracted modestly to $X in 2022. Overall, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 60%. The level of export peaked at $X in 2021, and then reduced slightly in the following year.

Exports by Country

In 2022, Vietnam (X units) represented the largest exporter of telephonic or telegraphic switching apparatus, generating 45% of total exports. Singapore (X units) ranks second in terms of the total exports with an 18% share, followed by Thailand (13%), Malaysia (13%) and Indonesia (7.6%). The Philippines (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to telephonic switching apparatus exports from Vietnam stood at +23.7%. At the same time, Indonesia (+31.0%), the Philippines (+28.2%), Thailand (+17.9%) and Singapore (+3.3%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +31.0% from 2012-2022. By contrast, Malaysia (-9.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam, Thailand, Indonesia and the Philippines increased by +36, +8.7, +6.6 and +2.9 percentage points, respectively.

In value terms, Vietnam ($X) remains the largest telephonic switching apparatus supplier in ASEAN, comprising 43% of total exports. The second position in the ranking was taken by Singapore ($X), with a 20% share of total exports. It was followed by Thailand, with a 16% share.

In Vietnam, telephonic switching apparatus exports expanded at an average annual rate of +34.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (+8.6% per year) and Thailand (+20.5% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, surging by 31% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+18.0%), while the other leaders experienced more modest paces of growth.

Telephonic Switching Apparatus Imports

Imports in ASEAN

Telephonic switching apparatus imports was estimated at X units in 2022, stabilizing at the year before. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by 64%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, telephonic switching apparatus imports expanded notably to $X in 2022. Overall, imports showed a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 20% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

The countries with the highest levels of telephonic switching apparatus imports in 2022 were Singapore (X units), Thailand (X units) and Indonesia (X units), together amounting to 83% of total import. Malaysia (X units) ranks next in terms of the total imports with a 7.8% share, followed by Vietnam (4.6%). The Philippines (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Thailand (with a CAGR of +18.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported telephonic or telegraphic switching apparatus in ASEAN, comprising 52% of total imports. The second position in the ranking was held by Thailand ($X), with a 15% share of total imports. It was followed by Malaysia, with an 11% share.

In Singapore, telephonic switching apparatus imports expanded at an average annual rate of +9.8% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (+9.7% per year) and Malaysia (+7.8% per year).

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, with an increase of 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2013 when the import price increased by 66%. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+37.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform