United Kingdom - Mobile Phones - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMobile Phone Price in the UK - 2023
Contents:
- Mobile Phone Price in the UK (CIF) - 2022
- Mobile Phone Price in the UK (FOB) - 2023
- Mobile Phone Imports in the UK
- Mobile Phone Exports in the UK
Mobile Phone Price in the UK (CIF) - 2022
The average mobile phone import price stood at $430 per unit in 2022, growing by 8.7% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mobile phone import price increased by +72.8% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 41% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($577 per unit), while the price for Hong Kong SAR ($63 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+30.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Mobile Phone Price in the UK (FOB) - 2023
The average mobile phone export price stood at $340 per unit in June 2023, jumping by 19% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 227% m-o-m. The export price peaked at $458 per unit in December 2022; however, from January 2023 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($468 per unit), while the average price for exports to Australia ($47.0 per unit) was amongst the lowest.
From August 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.5%), while the prices for the other major destinations experienced a decline.
Mobile Phone Imports in the UK
In 2022, the amount of mobile phones imported into the UK amounted to 27M units, surging by 1.9% against the previous year. In general, imports, however, showed a perceptible setback. Over the period under review, imports attained the peak figure at 31M units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, mobile phone imports rose markedly to $11.5B in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Mobile Phone in the UK (Billion USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.5 | 6.1 | 6.9 | 8.6 | 9.8% |
Vietnam | 2.0 | 1.4 | 1.4 | 1.2 | -15.7% |
India | N/A | 0.2 | 0.5 | 0.9 | 112.1% |
South Korea | 0.1 | 0.4 | 0.5 | 0.5 | 71.0% |
Hong Kong SAR | N/A | 0.1 | 0.1 | N/A | 0.0% |
Germany | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
France | 0.1 | 0.1 | N/A | N/A | 0.0% |
Netherlands | 1.1 | 1.2 | 0.2 | N/A | -57.4% |
Others | 0.8 | 0.6 | 0.7 | 0.1 | -50.0% |
Total | 10.6 | 10.2 | 10.4 | 11.5 | 2.8% |
Top Suppliers of Mobile Phone to the UK in 2022:
- Netherlands (undefinedM units)
- France (undefinedM units)
- China (17.4M units)
- Vietnam (4.3M units)
- India (2.5M units)
- South Korea (0.9M units)
- Hong Kong SAR (0.7M units)
- Germany (0.1M units)
Mobile Phone Exports in the UK
In 2022, after two years of decline, there was significant growth in shipments abroad of mobile phones, when their volume increased by 43% to 5.2M units. In general, exports, however, faced a abrupt decrease. Over the period under review, the exports attained the maximum at 7.4M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, mobile phone exports soared to $1.3B in 2022. Overall, exports, however, showed a deep slump. Over the period under review, the exports reached the maximum at $1.5B in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Mobile Phone in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 475 | 544 | 343 | 454 | -1.5% |
United Arab Emirates | 1.0 | 0.5 | 1.0 | 292 | 563.4% |
Netherlands | 149 | 61.3 | 228 | 242 | 17.5% |
Germany | 76.7 | 77.9 | 76.0 | 48.7 | -14.1% |
Hong Kong SAR | 135 | 42.5 | 52.2 | 45.3 | -30.5% |
Estonia | 5.0 | 9.3 | 13.4 | 35.4 | 92.0% |
Spain | 24.6 | 27.2 | 30.9 | 30.2 | 7.1% |
Italy | 52.0 | 33.7 | 9.1 | 21.5 | -25.5% |
Czech Republic | 57.3 | 11.8 | 10.9 | 21.0 | -28.4% |
China | 45.8 | 41.2 | 27.5 | 16.9 | -28.3% |
United States | 21.9 | 46.1 | 24.4 | 14.1 | -13.7% |
France | 192 | 31.3 | 17.2 | 12.4 | -59.9% |
Greece | 53.1 | 59.4 | 0.4 | 0.1 | -87.7% |
Others | 245 | 186 | 122 | 72.4 | -33.4% |
Total | 1,534 | 1,172 | 955 | 1,306 | -5.2% |
Top Export Markets for Mobile Phone from the UK in 2022:
- Ireland (1947.2K units)
- Netherlands (1373.1K units)
- United Arab Emirates (652.6K units)
- Hong Kong SAR (224.9K units)
- China (165.7K units)
- Germany (144.8K units)
- France (134.3K units)
- Spain (108.1K units)
- Estonia (83.3K units)
- Czech Republic (58.3K units)
- United States (57.8K units)
- Italy (42.8K units)
- Greece (0.4K units)
This report provides an in-depth analysis of the mobile phone market in the UK. 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 26302200 - Telephones for cellular networks or for other wireless networks
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, approx. X tons of telephone were imported worldwide- picking up by X% against the previous year figure. Overall, telephone imports continue to indicate a strong growth. The pace of grow...
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