ECOWAS: Network Communications Equipment Market 2025

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