U.S.: Telephonic Switching Apparatus Market 2025

Telephonic Switching Apparatus Market Size in the U.S.

For the eleventh year in a row, the U.S. telephonic switching apparatus market recorded growth in sales value, which increased by 19% to $X in 2022. In general, consumption saw strong growth. Over the period under review, the market attained the maximum level in 2022 and is likely to see steady growth in the near future.

Telephonic Switching Apparatus Exports

Exports from the U.S.

In 2022, overseas shipments of telephonic or telegraphic switching apparatus increased by 9.9% to X units, rising for the second consecutive year after four years of decline. Overall, exports, however, saw a noticeable decrease. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, telephonic switching apparatus exports rose significantly to $X in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X units), Mexico (X units) and the Netherlands (X units) were the main destinations of telephonic switching apparatus exports from the United States, with a combined 38% share of total exports. The UK, Japan, Australia, Brazil, Singapore, Germany, China, Hong Kong SAR, Thailand and India lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of +9.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for telephonic switching apparatus exported from the United States were Canada ($X), Mexico ($X) and the Netherlands ($X), together accounting for 37% of total exports. The UK, Japan, Australia, Brazil, Singapore, Germany, China, Hong Kong SAR, Thailand and India lagged somewhat behind, together comprising a further 33%.

Thailand, with a CAGR of +6.1%, 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 2021, the average telephonic switching apparatus export price amounted to $X per unit, waning by -13.8% against the previous year. In general, the export price, however, saw a strong expansion. The growth pace was the most rapid in 2020 an increase of 68% against the previous year. As a result, the export price reached the peak level of $X per unit, and then declined in the following year.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Mexico ($X per unit) and Japan ($X per unit), while the average price for exports to Australia ($X per unit) and Singapore ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-3.5%), while the prices for the other major destinations experienced a decline.

Telephonic Switching Apparatus Imports

Imports into the U.S.

Telephonic switching apparatus imports into the United States skyrocketed to X units in 2022, jumping by 16% against the year before. In general, imports saw a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of 33% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, telephonic switching apparatus imports surged to $X in 2022. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.2% 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 +31.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Mexico (X units) and Vietnam (X units) were the main suppliers of telephonic switching apparatus imports to the United States, together comprising 33% of total imports. Taiwan (Chinese), Thailand, Malaysia, Estonia, the Philippines, the Czech Republic, Indonesia and India lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +63.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Mexico ($X) and Vietnam ($X) appeared to be the largest telephonic switching apparatus suppliers to the United States, with a combined 58% share of total imports.

Among the main suppliers, Vietnam, with a CAGR of +46.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average telephonic switching apparatus import price amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the import price, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 3.7% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (-4.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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