South-Eastern Asia: Network Communications Equipment Market 2024

Network Communications Equipment Market Size in South-Eastern Asia

In 2022, the Southeast Asian network communications equipment market decreased by -4.5% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption, however, recorded a prominent expansion. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Network Communications Equipment Production in South-Eastern Asia

In value terms, network communications equipment production rose significantly to $X in 2022 estimated in export price. In general, production, however, posted prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of 196% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Network Communications Equipment Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of network communications equipment increased by 6% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 198% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, network communications equipment exports surged to $X in 2022. In general, exports saw a remarkable increase. The growth pace was the most rapid in 2016 with an increase of 183% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam represented the main exporting country with an export of around X units, which reached 46% of total exports. Malaysia (X units) took a 26% share (based on physical terms) of total exports, which put it in second place, followed by Singapore (22%) and Thailand (6.3%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Vietnam (with a CAGR of +48.0%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) remains the largest network communications equipment supplier in South-Eastern Asia, comprising 57% of total exports. The second position in the ranking was held by Singapore ($X), with a 24% share of total exports. It was followed by Vietnam, with a 12% share.

From 2012 to 2022, the average annual growth rate of value in Malaysia amounted to +11.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (+3.9% per year) and Vietnam (+50.1% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, rising by 26% against the previous year. In general, the export price, however, showed a perceptible slump. Over the period under review, the export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.4%), while the other leaders experienced mixed trends in the export price figures.

Network Communications Equipment Imports

Imports in South-Eastern Asia

In 2022, the amount of network communications equipment imported in South-Eastern Asia skyrocketed to X units, jumping by 36% compared with 2021 figures. In general, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2017 when imports increased by 37% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, network communications equipment imports skyrocketed to $X in 2022. Overall, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Malaysia (X units) and Singapore (X units) represented the largest importers of network communications equipment in South-Eastern Asia, together resulting at approx. 72% of total imports. It was distantly followed by Vietnam (X units), Thailand (X units) and Indonesia (X units), together making up a 25% share of total imports. The Philippines (X units) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +19.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported network communications equipment in South-Eastern Asia, comprising 43% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 16% share of total imports. It was followed by Indonesia, with a 14% share.

In Singapore, network communications equipment imports increased at an average annual rate of +6.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Malaysia (+6.2% per year) and Indonesia (+19.7% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, growing by 3.2% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 23%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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