Australia and Oceania: Telephonic Switching Apparatus Market 2024

Telephonic Switching Apparatus Market Size in Australia and Oceania

In 2022, the telephonic switching apparatus market in Australia and Oceania increased by 24% to $X for the first time since 2019, thus ending a two-year declining trend. The total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Telephonic Switching Apparatus Production in Australia and Oceania

In value terms, telephonic switching apparatus production expanded significantly to $X in 2022 estimated in export price. The total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 51% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Telephonic Switching Apparatus Exports

Exports in Australia and Oceania

In 2022, after four years of growth, there was significant decline in overseas shipments of telephonic or telegraphic switching apparatus, when their volume decreased by -61.6% to X units. Over the period under review, exports, however, saw a mild expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 68% against the previous year. As a result, the exports attained the peak of X units, and then fell markedly in the following year.

In value terms, telephonic switching apparatus exports reduced rapidly to $X in 2022. Total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 23% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

In 2022, Australia (X units) was the key exporter of telephonic or telegraphic switching apparatus, mixing up 76% of total exports. It was distantly followed by New Zealand (X units), mixing up a 23% share of total exports.

Australia experienced a relatively flat trend pattern with regard to volume of exports of telephonic or telegraphic switching apparatus. At the same time, New Zealand (+4.4%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +4.4% from 2012-2022. While the share of New Zealand (+6.4 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (-6.6 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest telephonic switching apparatus supplier in Australia and Oceania, comprising 79% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 21% share of total exports.

In Australia, telephonic switching apparatus exports expanded at an average annual rate of +2.0% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, surging by 71% against the previous year. Export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+5.5%).

Telephonic Switching Apparatus Imports

Imports in Australia and Oceania

In 2022, purchases abroad of telephonic or telegraphic switching apparatus increased by 4.6% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a modest increase. The most prominent rate of growth was recorded in 2019 when imports increased by 66% against the previous year. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, telephonic switching apparatus imports rose rapidly to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.3% 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 +16.3% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 17%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

In 2022, Australia (X units) represented the main importer of telephonic or telegraphic switching apparatus, comprising 86% of total imports. It was distantly followed by New Zealand (X units), creating a 12% share of total imports.

Australia was also the fastest-growing in terms of the telephonic or telegraphic switching apparatus imports, with a CAGR of +1.9% from 2012 to 2022. At the same time, New Zealand (+1.1%) displayed positive paces of growth. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported telephonic or telegraphic switching apparatus in Australia and Oceania, comprising 87% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia stood at +6.1%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, growing by 7.4% against the previous year. Over the period under review, the import price showed a moderate increase. The most prominent rate of growth was recorded in 2018 an increase of 196%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while New Zealand amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+6.6%).

Source: IndexBox Platform

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