Eastern Asia: Telecommunications Instrument Market 2024

Telecommunications Instrument Market Size in Eastern Asia

The East Asian telecommunications instrument market dropped significantly to $X in 2022, reducing by X% against the previous year. In general, consumption continues to indicate a pronounced curtailment. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Telecommunications Instrument Production in Eastern Asia

In value terms, telecommunications instrument production surged to $X in 2022 estimated in export price. Over the period under review, production enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Telecommunications Instrument Exports

Exports in Eastern Asia

In 2022, the amount of telecommunications instruments exported in Eastern Asia surged to X units, picking up by X% against 2021. Over the period under review, exports enjoyed a modest increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, telecommunications instrument exports fell to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, China (X units) was the major exporter of telecommunications instruments, making up X% of total exports. It was distantly followed by Hong Kong SAR (X units), Taiwan (Chinese) (X units) and South Korea (X units), together achieving a X% share of total exports. Japan (X units) held a relatively small share of total exports.

China was also the fastest-growing in terms of the telecommunications instruments exports, with a CAGR of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%) and South Korea (X%) displayed positive paces of growth. By contrast, Japan (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and Taiwan (Chinese) (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Japan (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest telecommunications instrument supplying countries in Eastern Asia were Hong Kong SAR ($X), Taiwan (Chinese) ($X) and China ($X), together accounting for X% of total exports.

Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, waning by X% against the previous year. Overall, the export price recorded a pronounced setback. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 Japan ($X per unit), while South Korea ($X per unit) was amongst the lowest.

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

Telecommunications Instrument Imports

Imports in Eastern Asia

In 2022, overseas purchases of telecommunications instruments decreased by X% to X units, falling for the third consecutive year after two years of growth. In general, imports recorded a deep slump. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, telecommunications instrument imports reduced to $X in 2022. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Hong Kong SAR represented the largest importing country with an import of around X units, which resulted at X% of total imports. Taiwan (Chinese) (X units) ranks second in terms of the total imports with a X% share, followed by South Korea (X%), Japan (X%) and China (X%).

Imports into Hong Kong SAR decreased at an average annual rate of X% from 2012 to 2022. Taiwan (Chinese) experienced a relatively flat trend pattern. South Korea (X%), Japan (X%) and China (X%) illustrated a downward trend over the same period. Hong Kong SAR (X p.p.), Taiwan (Chinese) (X p.p.), South Korea (X p.p.) and Japan (X p.p.) significantly strengthened its position in terms of the total imports, while China saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, China ($X) constitutes the largest market for imported telecommunications instruments in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with an X% share of total imports. It was followed by Japan, with an X% share.

In China, telecommunications instrument imports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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 China ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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