
ECOWAS - Network Communications Equipment - Market Analysis, Forecast, Size, Trends and Insights
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Network Communications Equipment Market Size in ECOWAS
In 2022, the ECOWAS network communications equipment market decreased by -1.2% to $X, falling for the second year in a row after three years of growth. The total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.4% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.
Network Communications Equipment Production in ECOWAS
In value terms, network communications equipment production totaled $X in 2022 estimated in export price. The total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.5% against 2020 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by 45% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.
Network Communications Equipment Exports
Exports in ECOWAS
After three years of growth, shipments abroad of network communications equipment decreased by -16.2% to X units in 2022. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 315% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.
In value terms, network communications equipment exports dropped rapidly to $X in 2022. Over the period under review, exports, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2021 when exports increased by 90%. As a result, the exports attained the peak of $X, and then dropped dramatically in the following year.
Exports by Country
In 2022, Sierra Leone (X units) was the largest exporter of network communications equipment, creating 67% of total exports. It was distantly followed by Nigeria (X units) and Senegal (X units), together constituting a 21% share of total exports. Mali (X units), Cote d'Ivoire (X units), Ghana (X units) and Burkina Faso (X units) followed a long way behind the leaders.
Sierra Leone was also the fastest-growing in terms of the network communications equipment exports, with a CAGR of +47.5% from 2012 to 2022. At the same time, Senegal (+19.3%), Cote d'Ivoire (+12.8%), Burkina Faso (+9.3%) and Mali (+8.3%) displayed positive paces of growth. By contrast, Ghana (-10.6%) and Nigeria (-17.7%) illustrated a downward trend over the same period. While the share of Sierra Leone (+66 p.p.), Senegal (+6.6 p.p.), Cote d'Ivoire (+2.1 p.p.) and Mali (+1.9 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Ghana (-3.3 p.p.) and Nigeria (-73.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Sierra Leone ($X) remains the largest network communications equipment supplier in ECOWAS, comprising 57% of total exports. The second position in the ranking was held by Senegal ($X), with an 18% share of total exports. It was followed by Nigeria, with a 12% share.
In Sierra Leone, network communications equipment exports expanded at an average annual rate of +35.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Senegal (+22.8% per year) and Nigeria (-14.0% per year).
Export Prices by Country
In 2022, the export price in ECOWAS amounted to $X per unit, dropping by -9% against the previous year. In general, the export price, however, saw a measured expansion. The pace of growth appeared the most rapid in 2016 when the export price increased by 84%. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then reduced in the following year.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Burkina Faso ($X per unit), while Cote d'Ivoire ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+31.1%), while the other leaders experienced more modest paces of growth.
Network Communications Equipment Imports
Imports in ECOWAS
Network communications equipment imports dropped sharply to X units in 2022, falling by -21.4% on the previous year's figure. Overall, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 104% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, network communications equipment imports declined notably to $X in 2022. In general, imports showed a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 86% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, Nigeria (X units), distantly followed by Cote d'Ivoire (X units), Senegal (X units), Ghana (X units) and Burkina Faso (X units) were the major importers of network communications equipment, together committing 84% of total imports. Liberia (X units) and Mali (X units) took a minor share of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Senegal (with a CAGR of +15.6%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Ghana ($X), Nigeria ($X) and Cote d'Ivoire ($X) were the countries with the highest levels of imports in 2022, together comprising 55% of total imports. Senegal, Burkina Faso, Liberia and Mali lagged somewhat behind, together accounting for a further 30%.
Among the main importing countries, Senegal, with a CAGR of +9.9%, 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 2022, the import price in ECOWAS amounted to $X per unit, falling by -8.6% against the previous year. Over the period under review, the import price recorded a pronounced decline. The pace of growth appeared the most rapid in 2019 an increase of 64%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ghana ($X per unit), while Nigeria ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+2.1%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the network communications equipment market in ECOWAS. 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 26122000 - Network communications equipment (e.g. hubs, routers, g ateways) for LANs and WANs and sound, video, network and similar cards for automatic data processing machines
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ECOWAS, split by region and country
- Trade (exports and imports) in ECOWAS
- 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
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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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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