U.S. - Telephone Apparatus - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

U.S. - Telephone Apparatus - Market Analysis, Forecast, Size, Trends And Insights

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Telephone Apparatus Price in the United States - 2023

Contents:

  1. Telephone Apparatus Price in the United States (CIF) - 2023
  2. Telephone Apparatus Price in the United States (FOB) - 2023
  3. Telephone Apparatus Imports in the United States
  4. Telephone Apparatus Exports in the United States

Telephone Apparatus Price in the United States (CIF) - 2023

In April 2023, the average telephone apparatus import price amounted to $114 per unit, surging by 7.7% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 26% against the previous month. Over the period under review, average import prices reached the peak figure at $136 per unit in January 2023; however, from February 2023 to April 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was India ($293 per unit), while the price for Mexico ($64.3 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by India (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Telephone Apparatus Price in the United States (FOB) - 2023

The average telephone apparatus export price stood at $273 per unit in April 2023, reducing by -12.8% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 94% m-o-m. The export price peaked at $324 per unit in December 2022; however, from January 2023 to April 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Canada ($652 per unit), while the average price for exports to South Korea ($69.4 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports in the United States

For the third consecutive year, the United States recorded growth in supplies from abroad of telephone apparatus, which increased by 32% to 718M units in 2021. In general, total imports indicated a significant increase from 2019 to 2021: its volume increased at an average annual rate of +26.8% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +60.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, telephone apparatus imports soared to $109.5B in 2021. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Telephone Apparatus in the United States (Billion USD)
COUNTRY201920202021CAGR,
2019-2021
China60.052.060.30.2%
Vietnam13.813.117.312.0%
Mexico8.07.88.63.7%
Taiwan (Chinese)3.64.64.815.5%
Thailand2.43.13.622.5%
Malaysia2.82.62.91.8%
South Korea4.21.82.7-19.8%
Others7.18.19.213.8%
Total10293.11093.4%

Top Suppliers of Telephone Apparatus to the United States in 2022:

  1. China (289.3M units)
  2. Vietnam (120.8M units)
  3. Mexico (105.8M units)
  4. Taiwan (Chinese) (53.9M units)
  5. Thailand (20.1M units)
  6. South Korea (19.8M units)
  7. Malaysia (19.2M units)

Telephone Apparatus Exports in the United States

For the third consecutive year, the United States recorded growth in overseas shipments of telephone apparatus, which increased by 0.4% to 271M units in 2021. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 9.3%. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, telephone apparatus exports amounted to $31.8B in 2021. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Telephone Apparatus in the United States (Billion USD)
COUNTRY201920202021CAGR,
2019-2021
Hong Kong SAR4.94.14.8-1.0%
Canada3.83.53.7-1.3%
Mexico3.72.83.0-10.0%
United Arab Emirates0.30.22.3176.9%
Netherlands1.92.12.15.1%
United Kingdom0.90.90.90.0%
China1.00.90.9-5.1%
Brazil0.70.70.70.0%
Singapore0.80.70.7-6.5%
Japan0.80.90.7-6.5%
India0.30.50.415.5%
Thailand0.40.40.40.0%
South Korea0.30.30.30.0%
Others10.810.210.90.5%
Total30.728.131.81.8%

Top Export Markets for Telephone Apparatus from the United States in 2022:

  1. Mexico (60.5M units)
  2. Netherlands (40.1M units)
  3. Hong Kong SAR (21.6M units)
  4. Canada (19.2M units)
  5. China (15.5M units)
  6. Brazil (8.9M units)
  7. Singapore (8.9M units)
  8. Japan (8.6M units)
  9. United Arab Emirates (6.2M units)
  10. United Kingdom (5.5M units)
  11. Thailand (5.0M units)
  12. India (4.3M units)
  13. South Korea (4.2M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the telephone apparatus market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26302100 - Line telephone sets with cordless handsets
  • Prodcom 26302200 - Telephones for cellular networks or for other wireless networks
  • Prodcom 26302310 - Base stations
  • Prodcom 26302320 - Machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
  • Prodcom 26302330 - Telephone sets (excluding line telephone sets with cordless handsets and telephones for cellular networks or for other wireless networks), videophones
  • Prodcom 26302340 - Portable receivers for calling or paging
  • Prodcom 26302370 - Other apparatus for the transmission or reception of voice, i mages or other data, including apparatus for communication in a wired or wireless network (such as a local or wide area network), other than transmission or reception apparatus of HS
  • Prodcom 26404400 - Radio-telephony or radio-telegraphy reception apparatus (excluding portable receivers for calling or paging, those combined with radio receivers)

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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