Eastern Asia: Telephonic Switching Apparatus Market 2025

Telephonic Switching Apparatus Market Size in Eastern Asia

In 2022, the East Asian telephonic switching apparatus market decreased by less than 0.1% to $X, falling for the second year in a row after nine years of growth. Over the period under review, consumption showed a slight shrinkage. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Telephonic Switching Apparatus Production in Eastern Asia

In value terms, telephonic switching apparatus production expanded notably to $X in 2022 estimated in export price. Over the period under review, production showed a strong increase. The growth pace was the most rapid in 2020 when the production volume increased by 23% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Telephonic Switching Apparatus Exports

Exports in Eastern Asia

In 2022, the amount of telephonic or telegraphic switching apparatus exported in Eastern Asia skyrocketed to X units, growing by 54% against the previous year. In general, exports recorded a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 120% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, telephonic switching apparatus exports amounted to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.8% against 2012 indices. The pace of growth appeared the most rapid in 2019 when exports increased by 14%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

China dominates exports structure, reaching X units, which was near 88% of total exports in 2022. Taiwan (Chinese) (X units) held the second position in the ranking, followed by Hong Kong SAR (X units). All these countries together took near 11% share of total exports.

China was also the fastest-growing in terms of the telephonic or telegraphic switching apparatus exports, with a CAGR of +18.2% from 2012 to 2022. At the same time, Taiwan (Chinese) (+18.0%) displayed positive paces of growth. By contrast, Hong Kong SAR (-4.5%) illustrated a downward trend over the same period. China (+28 p.p.) and Taiwan (Chinese) (+1.8 p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR saw its share reduced by -26.2% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest telephonic switching apparatus supplier in Eastern Asia, comprising 64% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to +7.1%. In the other countries, the average annual rates were as follows: Hong Kong SAR (+0.4% per year) and Taiwan (Chinese) (+28.6% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, dropping by -34.9% against the previous year. Over the period under review, the export price saw a deep slump. The growth pace was the most rapid in 2013 when the export price increased by 38% 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 remained at a lower figure.

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 mixed trends in the export price figures.

Telephonic Switching Apparatus Imports

Imports in Eastern Asia

In 2022, after three years of growth, there was decline in overseas purchases of telephonic or telegraphic switching apparatus, when their volume decreased by -0.2% to X units. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 14%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, telephonic switching apparatus imports soared to $X in 2022. Total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.7% 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 +93.8% against 2014 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of telephonic switching apparatus imports in 2022 were Hong Kong SAR (X units), Japan (X units), China (X units) and South Korea (X units), together reaching 92% of total import. It was distantly followed by Taiwan (Chinese) (X units), achieving an 8% share of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +7.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest telephonic switching apparatus importing markets in Eastern Asia were China ($X), Hong Kong SAR ($X) and Japan ($X), together accounting for 86% of total imports.

Among the main importing countries, China, with a CAGR of +16.3%, recorded the highest growth rate of the value of imports, 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 Eastern Asia stood at $X per unit in 2022, picking up by 18% against the previous year. Over the last decade, it increased at an average annual rate of +6.4%. The growth pace was the most rapid in 2013 when the import price increased by 35% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

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