Asia-Pacific: Telecommunications Instrument Market 2024

Telecommunications Instrument Market Size in Asia-Pacific

In 2021, the Asia-Pacific telecommunications instrument market decreased by -14.9% to $X, falling for the second consecutive year after two years of growth. Overall, consumption recorded a slight slump. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Telecommunications Instrument Production in Asia-Pacific

In value terms, telecommunications instrument production reduced to $X in 2021 estimated in export price. The total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +70.2% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of 34%. Over the period under review, production reached the maximum level at $X in 2020, and then shrank in the following year.

Telecommunications Instrument Exports

Exports in Asia-Pacific

In 2021, the amount of telecommunications instruments exported in Asia-Pacific surged to X units, growing by 21% compared with the year before. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 25%. The volume of export peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, telecommunications instrument exports soared to $X in 2021. Total exports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +81.2% against 2016 indices. The pace of growth appeared the most rapid in 2018 with an increase of 37%. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

Malaysia was the major exporting country with an export of about X units, which amounted to 41% of total exports. China (X units) took the second position in the ranking, distantly followed by Hong Kong SAR (X units), Taiwan (Chinese) (X units), Singapore (X units) and South Korea (X units). All these countries together held approx. 55% share of total exports. Japan (X units) took a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by China (with a CAGR of +19.3%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) remains the largest telecommunications instrument supplier in Asia-Pacific, comprising 49% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 17% share of total exports. It was followed by China, with a 9.4% share.

In Malaysia, telecommunications instrument exports increased at an average annual rate of +5.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Hong Kong SAR (-5.4% per year) and China (+9.1% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per unit, almost unchanged from the previous year. Over the last nine years, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2018 when the export price increased by 11%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per unit), while South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.4%), while the other leaders experienced more modest paces of growth.

Telecommunications Instrument Imports

Imports in Asia-Pacific

In 2021, supplies from abroad of telecommunications instruments decreased by -4.2% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 10%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, telecommunications instrument imports dropped to $X in 2021. Overall, imports saw a noticeable setback. The growth pace was the most rapid in 2019 when imports increased by 16%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units), distantly followed by Hong Kong SAR (X units), India (X units), South Korea (X units), Indonesia (X units), Singapore (X units), Taiwan (Chinese) (X units), Vietnam (X units), Malaysia (X units) and Japan (X units) represented the major importers of telecommunications instruments, together comprising 96% of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +31.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported telecommunications instruments in Asia-Pacific, comprising 36% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 12% share of total imports. It was followed by South Korea, with a 10% share.

From 2012 to 2021, the average annual growth rate of value in China stood at -8.6%. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (-10.5% per year) and South Korea (+0.2% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2021, declining by -2.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.1%. The pace of growth appeared the most rapid in 2020 when the import price increased by 24%. As a result, import price attained the peak level of $X per unit, and then reduced in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+16.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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