Southern Asia: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Southern Asia

In 2022, the South Asian telephone apparatus market decreased by -6.3% to $X, falling for the fifth year in a row after six years of growth. Overall, consumption saw a mild increase. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Telephone Apparatus Production in Southern Asia

In value terms, telephone apparatus production amounted to $X in 2022 estimated in export price. In general, production posted prominent growth. The pace of growth appeared the most rapid in 2016 when the production volume increased by 144%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Telephone Apparatus Exports

Exports in Southern Asia

In 2022, exports of telephone apparatus in Southern Asia soared to X tons, increasing by 15% on the year before. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by 156% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, telephone apparatus exports soared to $X in 2022. In general, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 106%. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

The biggest shipments were from India (X tons), together amounting to 100% of total export.

India experienced a relatively flat trend pattern with regard to volume of exports of telephone apparatus. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest telephone apparatus supplier in Southern Asia.

In India, telephone apparatus exports expanded at an average annual rate of +9.7% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, increasing by 29% against the previous year. Overall, the export price recorded a prominent increase. The pace of growth appeared the most rapid in 2015 when the export price increased by 196%. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +9.6% per year.

Telephone Apparatus Imports

Imports in Southern Asia

In 2022, purchases abroad of telephone apparatus increased by 2.7% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 125% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, telephone apparatus imports stood at $X in 2022. Total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.4% 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 +13.8% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 35%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) represented the largest importer of telephone apparatus, comprising 79% of total imports. It was distantly followed by Bangladesh (X tons), constituting an 11% share of total imports. The following importers - Nepal (X tons) and Pakistan (X tons) - each resulted at a 7.7% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to telephone apparatus imports into India stood at -3.2%. At the same time, Nepal (+13.9%) and Bangladesh (+3.6%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +13.9% from 2012-2022. By contrast, Pakistan (-15.5%) illustrated a downward trend over the same period. While the share of Bangladesh (+5.6 p.p.), Nepal (+3.3 p.p.) and India (+2.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Pakistan (-9.7 p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported telephone apparatus in Southern Asia, comprising 86% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 5.9% share of total imports. It was followed by Pakistan, with a 3.2% share.

From 2012 to 2022, the average annual growth rate of value in India stood at +5.2%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+7.9% per year) and Pakistan (-8.2% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, falling by -1.6% against the previous year. In general, the import price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2021 an increase of 50% against the previous year. As a result, import price attained the peak level of $X per ton, and then declined modestly in the following year.

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 India ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+8.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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