South-Eastern Asia: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in South-Eastern Asia

After three years of decline, the Southeast Asian telephone apparatus market increased by 54% to $X in 2022. Over the period under review, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Telephone Apparatus Production in South-Eastern Asia

In value terms, telephone apparatus production totaled $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2018 with an increase of 130% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Telephone Apparatus Exports

Exports in South-Eastern Asia

After three years of growth, shipments abroad of telephone apparatus decreased by -18.9% to X tons in 2022. Overall, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 49% against the previous year. The volume of export peaked at X tons in 2021, and then fell dramatically in the following year.

In value terms, telephone apparatus exports shrank slightly to $X in 2022. In general, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 51%. The level of export peaked at $X in 2021, and then contracted modestly in the following year.

Exports by Country

In 2022, Vietnam (X tons) was the major exporter of telephone apparatus, creating 56% of total exports. Singapore (X tons) took a 16% share (based on physical terms) of total exports, which put it in second place, followed by Thailand (11%), Malaysia (9%) and Indonesia (5.8%). The Philippines (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to telephone apparatus exports from Vietnam stood at +12.2%. At the same time, the Philippines (+72.6%), Indonesia (+30.6%) and Thailand (+17.2%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +72.6% from 2012-2022. Singapore experienced a relatively flat trend pattern. By contrast, Malaysia (-9.1%) illustrated a downward trend over the same period. While the share of Vietnam (+26 p.p.), Thailand (+7.4 p.p.), Indonesia (+5.1 p.p.) and the Philippines (+1.9 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Singapore (-10.2 p.p.) and Malaysia (-30.2 p.p.) displayed negative dynamics.

In value terms, Vietnam ($X) remains the largest telephone apparatus supplier in South-Eastern Asia, comprising 68% of total exports. The second position in the ranking was held by Singapore ($X), with a 15% share of total exports. It was followed by Thailand, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam totaled +17.1%. In the other countries, the average annual rates were as follows: Singapore (+5.7% per year) and Thailand (+13.0% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, picking up by 19% against the previous year. Export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of 31%. Over the period under review, the export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.4%), while the other leaders experienced more modest paces of growth.

Telephone Apparatus Imports

Imports in South-Eastern Asia

Telephone apparatus imports soared to X tons in 2022, increasing by 18% against 2021. In general, imports posted a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of 191% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, telephone apparatus imports dropped to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.1% against 2012 indices. The growth pace was the most rapid in 2017 when imports increased by 33% against the previous year. The level of import peaked at $X in 2021, and then declined in the following year.

Imports by Country

Vietnam was the largest importer of telephone apparatus in South-Eastern Asia, with the volume of imports amounting to X tons, which was approx. 46% of total imports in 2022. It was distantly followed by Indonesia (X tons), Singapore (X tons), Thailand (X tons) and the Philippines (X tons), together achieving a 49% share of total imports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to telephone apparatus imports into Vietnam stood at +31.5%. At the same time, the Philippines (+88.0%), Indonesia (+13.9%) and Thailand (+11.6%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +88.0% from 2012-2022. Malaysia and Singapore experienced a relatively flat trend pattern. From 2012 to 2022, the share of Vietnam, the Philippines and Indonesia increased by +36, +4.5 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) constitutes the largest market for imported telephone apparatus in South-Eastern Asia, comprising 39% of total imports. The second position in the ranking was held by Singapore ($X), with a 19% share of total imports. It was followed by Thailand, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam stood at +14.4%. In the other countries, the average annual rates were as follows: Singapore (+0.0% per year) and Thailand (+6.4% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, dropping by -23.6% against the previous year. In general, the import price showed a drastic downturn. The growth pace was the most rapid in 2014 when the import price increased by 98%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+16.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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