Singapore: Line Telephone Market 2025

Line Telephone Market Size in Singapore

The Singaporean line telephone market skyrocketed to $X in 2022, with an increase of 296% against the previous year. Overall, consumption saw a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Line Telephone Production in Singapore

In value terms, line telephone production surged to $X in 2022 estimated in export price. Overall, production continues to indicate a significant increase. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Line Telephone Exports

Exports from Singapore

In 2022, overseas shipments of line telephone sets with cordless handsets decreased by -18.6% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a noticeable contraction. The pace of growth was the most pronounced in 2017 when exports increased by 250%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, line telephone exports contracted to $X in 2022. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 236%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for line telephone exports from Singapore, accounting for a 64% share of total exports. Moreover, line telephone exports to the United States exceeded the volume sent to the second major destination, Japan (X units), threefold. Canada (X units) ranked third in terms of total exports with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +20.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+21.4% per year) and Canada (+41.7% per year).

In value terms, the United States ($X), Japan ($X) and Canada ($X) constituted the largest markets for line telephone exported from Singapore worldwide, together comprising 88% of total exports. Australia, Germany, Israel, India, Indonesia and Sri Lanka lagged somewhat behind, together accounting for a further 6%.

Israel, with a CAGR of +98.4%, recorded the highest growth rate of 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

In 2022, the average line telephone export price amounted to $X per unit, growing by 5.7% against the previous year. In general, the export price, however, continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 22%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.

Line Telephone Imports

Imports into Singapore

In 2022, line telephone imports into Singapore declined significantly to X units, falling by -35.4% against the previous year's figure. In general, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2017 when imports increased by 137% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, line telephone imports declined significantly to $X in 2022. Over the period under review, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 135% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Malaysia (X units) constituted the largest supplier of line telephone to Singapore, accounting for a 69% share of total imports. Moreover, line telephone imports from Malaysia exceeded the figures recorded by the second-largest supplier, Indonesia (X units), fivefold. The third position in this ranking was taken by China (X units), with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia stood at -11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+54.8% per year) and China (-17.7% per year).

In value terms, Malaysia ($X) constituted the largest supplier of line telephone sets with cordless handsets to Singapore, comprising 72% of total imports. The second position in the ranking was held by Indonesia ($X), with a 10% share of total imports. It was followed by China, with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Malaysia amounted to -10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+52.3% per year) and China (-16.0% per year).

Import Prices by Country

The average line telephone import price stood at $X per unit in 2022, with an increase of 22% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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