India: Telecommunications Instrument Market 2025

Telecommunications Instrument Market Size in India

After five years of growth, the Indian telecommunications instrument market decreased by -4.3% to $X in 2021. Overall, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +54.2% against 2015 indices. Over the period under review, the market reached the maximum level at $X in 2020, and then reduced modestly in the following year.

Telecommunications Instrument Production in India

In value terms, telecommunications instrument production declined to $X in 2021 estimated in export price. In general, the total production indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +60.0% against 2015 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 16% against the previous year. As a result, production attained the peak level of $X, and then fell in the following year.

Telecommunications Instrument Exports

Exports from India

In 2021, the amount of telecommunications instruments exported from India surged to X units, with an increase of 20% on 2020 figures. In general, total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +11.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by 105% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, telecommunications instrument exports surged to $X in 2021. Over the period under review, exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2013 when exports increased by 161%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units), Hong Kong SAR (X units) and Germany (X units) were the main destinations of telecommunications instrument exports from India, with a combined 54% share of total exports. These countries were followed by the UK, Finland, Taiwan (Chinese), Malaysia and Japan, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +38.4%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Hong Kong SAR ($X) and Germany ($X) constituted the largest markets for telecommunications instrument exported from India worldwide, with a combined 54% share of total exports. These countries were followed by the UK, Finland, Taiwan (Chinese), Malaysia and Japan, which together accounted for a further 30%.

Taiwan (Chinese), with a CAGR of +46.0%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 telecommunications instrument export price stood at $X per unit in 2021, approximately reflecting the previous year. Over the last nine-year period, it increased at an average annual rate of +5.4%. The pace of growth was the most pronounced in 2013 when the average export price increased by 28%. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then dropped in the following year.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Japan ($X per unit) and Malaysia ($X per unit), while the average price for exports to Germany ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Telecommunications Instrument Imports

Imports into India

In 2021, the amount of telecommunications instruments imported into India expanded rapidly to X units, increasing by 10% on 2020. In general, imports saw a resilient expansion. The growth pace was the most rapid in 2015 with an increase of 61%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, telecommunications instrument imports rose sharply to $X in 2021. Overall, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of 53% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, the United States (X units) constituted the largest supplier of telecommunications instrument to India, with a 38% share of total imports. Moreover, telecommunications instrument imports from the United States exceeded the figures recorded by the second-largest supplier, Malaysia (X units), threefold. Singapore (X units) ranked third in terms of total imports with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+10.0% per year) and Singapore (+20.0% per year).

In value terms, the United States ($X) constituted the largest supplier of telecommunications instruments to India, comprising 38% of total imports. The second position in the ranking was taken by Malaysia ($X), with an 11% share of total imports. It was followed by Singapore, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+10.6% per year) and Singapore (+20.6% per year).

Import Prices by Country

The average telecommunications instrument import price stood at $X per unit in 2021, which is down by -1.6% against the previous year. In general, the import price, however, showed modest growth. The pace of growth was the most pronounced in 2014 an increase of 11%. The import price peaked at $X per unit in 2020, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Thailand ($X per unit) and Germany ($X per unit), while the price for Hong Kong SAR ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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