Turkey: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Turkey

In 2022, the Turkish telephone apparatus market increased by 22% to $X, rising for the third consecutive year after two years of decline. Overall, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.4% 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 +62.3% against 2019 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in years to come.

Telephone Apparatus Production in Turkey

In value terms, telephone apparatus production reduced dramatically to $X in 2022 estimated in export price. In general, production, however, saw a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 170% against the previous year. Telephone apparatus production peaked at $X in 2021, and then declined significantly in the following year.

Telephone Apparatus Exports

Exports from Turkey

In 2022, shipments abroad of telephone apparatus increased by 38% to X tons, rising for the second consecutive year after three years of decline. In general, exports continue to indicate a strong increase. The growth pace was the most rapid in 2014 when exports increased by 69%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, telephone apparatus exports surged to $X in 2022. Overall, total exports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.2% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of 43% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for telephone apparatus exports from Turkey, accounting for a 20% share of total exports. Moreover, telephone apparatus exports to the United Arab Emirates exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), threefold. The Netherlands (X tons) ranked third in terms of total exports with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +54.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-7.1% per year) and the Netherlands (-8.5% per year).

In value terms, the United Arab Emirates ($X), the Netherlands ($X) and Qatar ($X) were the largest markets for telephone apparatus exported from Turkey worldwide, with a combined 44% share of total exports.

In terms of the main countries of destination, Qatar, with a CAGR of +181.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average telephone apparatus export price amounted to $X per ton, stabilizing at the previous year. Overall, the export price, however, saw a mild reduction. The pace of growth appeared the most rapid in 2013 an increase of 105%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Turkey

In 2022, the amount of telephone apparatus imported into Turkey rose remarkably to X tons, picking up by 15% compared with the previous year. The total import volume increased at an average annual rate of +5.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 35%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, telephone apparatus imports skyrocketed to $X in 2022. In general, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 +68.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest telephone apparatus supplier to Turkey, with a 44% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+7.9% per year) and Germany (-10.4% per year).

In value terms, China ($X) constituted the largest supplier of telephone apparatus to Turkey, comprising 75% of total imports. The second position in the ranking was held by Vietnam ($X), with a 10% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+3.9% per year) and Germany (-3.7% per year).

Import Prices by Country

In 2021, the average telephone apparatus import price amounted to $X per ton, with an increase of 12% against the previous year. Overall, the import price, however, saw a slight slump. The growth pace was the most rapid in 2014 an increase of 19%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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