Saudi Arabia: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Saudi Arabia

The Saudi telephone apparatus market reduced to $X in 2022, waning by -5.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Telephone Apparatus Exports

Exports from Saudi Arabia

After two years of decline, overseas shipments of telephone apparatus increased by 11% to X tons in 2022. In general, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2016 when exports increased by 120% against the previous year. 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 slightly to $X in 2022. Over the period under review, exports, however, faced a abrupt curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 182%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for telephone apparatus exports from Saudi Arabia, with a 187% share of total exports. Moreover, telephone apparatus exports to the United Arab Emirates exceeded the volume sent to the second major destination, Bahrain (X tons), more than tenfold. Hong Kong SAR (X tons) ranked third in terms of total exports with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates totaled +47.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (-4.5% per year) and Hong Kong SAR (-13.2% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for telephone apparatus exports from Saudi Arabia, comprising 1,221% of total exports. The second position in the ranking was taken by Bahrain ($X), with a 37% share of total exports. It was followed by Hong Kong SAR, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates amounted to +92.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (-5.0% per year) and Hong Kong SAR (-21.2% per year).

Export Prices by Country

In 2021, the average telephone apparatus export price amounted to $X per ton, surging by 11% against the previous year. Overall, the export price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+30.2%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Saudi Arabia

Telephone apparatus imports into Saudi Arabia fell modestly to X tons in 2022, waning by -2.2% on the previous year. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2015 when imports increased by 62% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, telephone apparatus imports shrank to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 28%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of telephone apparatus to Saudi Arabia, accounting for a 73% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+0.7% per year) and India (-12.5% per year).

In value terms, China ($X) constituted the largest supplier of telephone apparatus to Saudi Arabia, comprising 77% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 9.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-3.8% per year) and India (-4.3% per year).

Import Prices by Country

In 2021, the average telephone apparatus import price amounted to $X per ton, growing by 6.7% against the previous year. In general, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of 51% against the previous year. The import price peaked in 2021 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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