Germany: Telephonic Switching Apparatus Market 2024

Telephonic Switching Apparatus Market Size in Germany

In 2022, the German telephonic switching apparatus market increased by 4.1% to $X, rising for the third consecutive year after two years of decline. In general, consumption, however, recorded a prominent increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Telephonic Switching Apparatus Production in Germany

In value terms, telephonic switching apparatus production contracted to $X in 2022 estimated in export price. In general, production saw a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. Telephonic switching apparatus production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Telephonic Switching Apparatus Exports

Exports from Germany

In 2022, overseas shipments of telephonic or telegraphic switching apparatus were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when exports increased by 25% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, telephonic switching apparatus exports rose significantly to $X in 2022. Overall, total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 +15.3% against 2020 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 24%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Italy (X units), France (X units) and Poland (X units) were the main destinations of telephonic switching apparatus exports from Germany, together comprising 15% of total exports. Spain, the Netherlands, Austria, the Czech Republic, the UK, the United States, Greece, China, Switzerland and Hungary lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +21.3%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the United States ($X) and Poland ($X) constituted the largest markets for telephonic switching apparatus exported from Germany worldwide, with a combined 23% share of total exports. China, the UK, Italy, the Netherlands, Austria, Spain, Switzerland, the Czech Republic, Hungary and Greece lagged somewhat behind, together accounting for a further 49%.

Hungary, with a CAGR of +18.1%, saw the highest growth rate of 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 2021, rising by 13% against the previous year. Over the last nine years, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2018 an increase of 18% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Greece ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Telephonic Switching Apparatus Imports

Imports into Germany

In 2022, after three years of growth, there was decline in supplies from abroad of telephonic or telegraphic switching apparatus, when their volume decreased by -1.8% to X units. In general, total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +4.6% 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 +2.6% against 2017 indices. The most prominent rate of growth was recorded in 2016 with an increase of 17%. Imports peaked at X units in 2021, and then shrank slightly in the following year.

In value terms, telephonic switching apparatus imports totaled $X in 2022. Over the period under review, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2016 when imports increased by 17%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X units), China (X units) and Hungary (X units) were the main suppliers of telephonic switching apparatus imports to Germany, with a combined 24% share of total imports. Poland, the Czech Republic, France, Vietnam, Taiwan (Chinese), Sweden, Romania, Ireland, the United States and Finland lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +30.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of telephonic or telegraphic switching apparatus to Germany, comprising 32% of total imports. The second position in the ranking was held by China ($X), with a 13% share of total imports. It was followed by Poland, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands totaled +21.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.3% per year) and Poland (+39.5% per year).

Import Prices by Country

In 2021, the average telephonic switching apparatus import price amounted to $X per unit, increasing by 2.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 17%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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 Finland ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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