Canada: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Canada

The Canadian telephone apparatus market shrank rapidly to $X in 2022, which is down by -30.6% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Telephone Apparatus Production in Canada

In value terms, telephone apparatus production dropped to $X in 2022 estimated in export price. Overall, production, however, saw modest growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 124%. Telephone apparatus production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Telephone Apparatus Exports

Exports from Canada

In 2022, shipments abroad of telephone apparatus increased by 13% to X tons, rising for the second consecutive year after eight years of decline. Over the period under review, exports, however, showed a pronounced curtailment. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, telephone apparatus exports rose notably to $X in 2022. Overall, exports, however, continue to indicate a noticeable setback. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for telephone apparatus exports from Canada, with a 38% share of total exports. Moreover, telephone apparatus exports to the United States exceeded the volume sent to the second major destination, Mexico (X tons), more than tenfold. The third position in this ranking was held by Germany (X tons), with a 1.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled -6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-7.0% per year) and Germany (+4.1% per year).

In value terms, the United States ($X) remains the key foreign market for telephone apparatus exports from Canada, comprising 70% of total exports. The second position in the ranking was held by Mexico ($X), with a 4.4% share of total exports. It was followed by Germany, with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at -4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-6.2% per year) and Germany (+6.6% per year).

Export Prices by Country

In 2021, the average telephone apparatus export price amounted to $X per ton, picking up by 6.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 10% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to China ($X per ton) and Germany ($X per ton), while the average price for exports to the UK ($X per ton) and Mexico ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Canada

In 2022, supplies from abroad of telephone apparatus decreased by -4.4% to X tons, falling for the fourth consecutive year after two years of growth. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 71% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, telephone apparatus imports reduced notably to $X in 2022. Overall, imports showed a pronounced slump. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of telephone apparatus to Canada, accounting for a 30% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fivefold. Mexico (X tons) ranked third in terms of total imports with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+22.6% per year) and Mexico (-5.7% per year).

In value terms, China ($X) constituted the largest supplier of telephone apparatus to Canada, comprising 62% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 13% share of total imports. It was followed by Mexico, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+52.3% per year) and Mexico (-5.7% per year).

Import Prices by Country

In 2021, the average telephone apparatus import price amounted to $X per ton, rising by 20% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, telephone apparatus import price increased by +47.6% against 2018 indices. The pace of growth appeared the most rapid in 2014 an increase of 52% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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