Saudi Arabia: Telephonic Switching Apparatus Market 2024

Telephonic Switching Apparatus Market Size in Saudi Arabia

The Saudi telephonic switching apparatus market shrank modestly to $X in 2022, which is down by -4.8% against the previous year. Overall, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +5.4% against 2020 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Telephonic Switching Apparatus Production in Saudi Arabia

In value terms, telephonic switching apparatus production dropped slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.1% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 61%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Telephonic Switching Apparatus Exports

Exports from Saudi Arabia

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. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by 160% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, telephonic switching apparatus exports surged to $X in 2022. In general, exports posted a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 460% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Bahrain (X units), the United Arab Emirates (X units) and Slovenia (X units) were the main destinations of telephonic switching apparatus exports from Saudi Arabia, with a combined 26% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +753.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for telephonic switching apparatus exported from Saudi Arabia were the United Arab Emirates ($X), Slovenia ($X) and Bahrain ($X), with a combined 50% share of total exports.

The United Arab Emirates, with a CAGR of +514.8%, recorded 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, shrinking by -6% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 115% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 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 Slovenia ($X per unit), while the average price for exports to Iraq ($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 Rwanda (+13.0%), while the prices for the other major destinations experienced a decline.

Telephonic Switching Apparatus Imports

Imports into Saudi Arabia

In 2022, supplies from abroad of telephonic or telegraphic switching apparatus decreased by 0% to less than X units for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, telephonic switching apparatus imports reached $X in 2022. Overall, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2019 when imports increased by 69%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Finland (X units) and the United States (X units) were the main suppliers of telephonic switching apparatus imports to Saudi Arabia, with a combined 43% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +30.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of telephonic or telegraphic switching apparatus to Saudi Arabia, comprising 65% of total imports. The second position in the ranking was taken by the United States ($X), with a 6.1% share of total imports. It was followed by Finland, with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+7.7% per year) and Finland (+54.0% per year).

Import Prices by Country

In 2021, the average telephonic switching apparatus import price amounted to less than $X per unit, therefore, remained relatively stable against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price decreased by 99.9% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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