Asia-Pacific: Telephonic Switching Apparatus Market 2025

Telephonic Switching Apparatus Market Size in Asia-Pacific

The Asia-Pacific telephonic switching apparatus market was estimated at $X in 2022, surging by 4.2% against the previous year. Overall, consumption continues to indicate modest growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Telephonic Switching Apparatus Production in Asia-Pacific

In value terms, telephonic switching apparatus production reached $X in 2022 estimated in export price. Overall, production recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. 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 Asia-Pacific

In 2022, the amount of telephonic or telegraphic switching apparatus exported in Asia-Pacific skyrocketed to X units, increasing by 38% on the year before. Overall, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 118% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, telephonic switching apparatus exports reached $X in 2022. In general, exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

China prevails in exports structure, accounting for X units, which was near 77% of total exports in 2022. Vietnam (X units) held a 5.1% share (based on physical terms) of total exports, which put it in second place, followed by Taiwan (Chinese) (5%) and Hong Kong SAR (4.8%). Singapore (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 China stood at +18.2%. At the same time, Vietnam (+23.7%), Taiwan (Chinese) (+18.0%) and Singapore (+3.3%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +23.7% from 2012-2022. By contrast, Hong Kong SAR (-4.5%) illustrated a downward trend over the same period. While the share of China (+30 p.p.), Vietnam (+3.1 p.p.) and Taiwan (Chinese) (+1.9 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Singapore (-2.8 p.p.) and Hong Kong SAR (-20.2 p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest telephonic switching apparatus supplier in Asia-Pacific, comprising 46% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 13% share of total exports. It was followed by Vietnam, with a 12% share.

In China, telephonic switching apparatus exports expanded at an average annual rate of +7.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (+0.4% per year) and Vietnam (+34.1% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, which is down by -26.9% against the previous year. In general, the export price saw a noticeable reduction. The growth pace was the most rapid in 2013 an increase of 29% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2019; however, from 2020 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 Hong Kong SAR ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.0%), while the other leaders experienced more modest paces of growth.

Telephonic Switching Apparatus Imports

Imports in Asia-Pacific

In 2022, purchases abroad of telephonic or telegraphic switching apparatus increased by 0.7% to X units, rising for the third year in a row after two years of decline. Total imports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.0% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 20% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, telephonic switching apparatus imports soared to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.1% against 2013 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Hong Kong SAR (X units), Japan (X units), Singapore (X units), China (X units), Thailand (X units), Indonesia (X units), South Korea (X units), India (X units) and Australia (X units) was the largest importer of telephonic or telegraphic switching apparatus in Asia-Pacific, mixing up 87% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading 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, China ($X), Hong Kong SAR ($X) and Japan ($X) were the countries with the highest levels of imports in 2022, together comprising 51% of total imports.

China, with a CAGR of +16.3%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, jumping by 16% against the previous year. Over the last decade, it increased at an average annual rate of +5.2%. The growth pace was the most rapid in 2013 an increase of 37%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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