Northern America: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Northern America

The North American telephone apparatus market contracted remarkably to $X in 2022, shrinking by -19.9% against the previous year. The market value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2021, and then plummeted in the following year.

Telephone Apparatus Production in Northern America

In value terms, telephone apparatus production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 55%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Telephone Apparatus Exports

Exports in Northern America

In 2022, overseas shipments of telephone apparatus increased by 6.7% to X tons, rising for the second year in a row after four years of decline. Overall, exports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, telephone apparatus exports totaled $X in 2022. The total export value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United States dominates exports structure, resulting at X tons, which was approx. 93% of total exports in 2022. It was distantly followed by Canada (X tons), achieving a 6.7% share of total exports.

The United States was also the fastest-growing in terms of the telephone apparatus exports, with a CAGR of -1.9% from 2012 to 2022. Canada (-3.6%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest telephone apparatus supplier in Northern America, comprising 95% of total exports. The second position in the ranking was held by Canada ($X), with a 5.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at +1.6%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2020 an increase of 30%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.5%).

Telephone Apparatus Imports

Imports in Northern America

In 2022, the amount of telephone apparatus imported in Northern America fell markedly to X tons, reducing by -34.8% on 2021. Total imports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.0% 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 -36.9% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 49%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, telephone apparatus imports expanded markedly to $X in 2022. The total import value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

The United States prevails in imports structure, reaching X tons, which was approx. 92% of total imports in 2022. It was distantly followed by Canada (X tons), constituting a 7.9% share of total imports.

The United States was also the fastest-growing in terms of the telephone apparatus imports, with a CAGR of +1.1% from 2012 to 2022. Canada experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported telephone apparatus in Northern America, comprising 94% of total imports. The second position in the ranking was held by Canada ($X), with a 5.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States stood at +4.3%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, surging by 66% against the previous year. Import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, telephone apparatus import price increased by +84.4% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.2%).

Source: IndexBox Platform

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