Bangladesh: Telephonic Switching Apparatus Market 2025

Telephonic Switching Apparatus Market Size in Bangladesh

The Bangladeshi telephonic switching apparatus market dropped sharply to $X in 2022, falling by -27.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed a resilient expansion. As a result, consumption attained the peak level of $X, and then declined markedly in the following year.

Telephonic Switching Apparatus Exports

Exports from Bangladesh

Telephonic switching apparatus exports from Bangladesh reduced to X units in 2022, falling by -13.6% on 2021 figures. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 843% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then reduced in the following year.

In value terms, telephonic switching apparatus exports declined modestly to $X in 2022. In general, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by 689% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X units) was the main destination for telephonic switching apparatus exports from Bangladesh, accounting for a 50% share of total exports. Moreover, telephonic switching apparatus exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X units), threefold. Japan (X units) ranked third in terms of total exports with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands amounted to +138.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+33.1% per year) and Japan (+100.4% per year).

In value terms, the Netherlands ($X), Japan ($X) and South Africa ($X) constituted the largest markets for telephonic switching apparatus exported from Bangladesh worldwide, with a combined 75% share of total exports.

South Africa, with a CAGR of +423.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average telephonic switching apparatus export price stood at $X per unit in 2022, growing by 16% against the previous year. Over the period under review, the export price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 82% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

Telephonic Switching Apparatus Imports

Imports into Bangladesh

In 2022, after three years of growth, there was significant decline in overseas purchases of telephonic or telegraphic switching apparatus, when their volume decreased by -32.4% to X units. Overall, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 184%. As a result, imports attained the peak of X units, and then contracted markedly in the following year.

In value terms, telephonic switching apparatus imports dropped to $X in 2022. In general, total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.4% against 2019 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 89%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of telephonic switching apparatus to Bangladesh, with a 95% share of total imports. Moreover, telephonic switching apparatus imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. The Netherlands (X units) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+17.0% per year) and the Netherlands (+33.6% per year).

In value terms, China ($X) constituted the largest supplier of telephonic or telegraphic switching apparatus to Bangladesh, comprising 79% of total imports. The second position in the ranking was taken by the United States ($X), with a 6.4% share of total imports. It was followed by Hong Kong SAR, with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.7% per year) and Hong Kong SAR (-3.0% per year).

Import Prices by Country

The average telephonic switching apparatus import price stood at $X per unit in 2022, rising by 29% against the previous year. In general, the import price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 30%. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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