ECOWAS: Telephonic Switching Apparatus Market 2025

Telephonic Switching Apparatus Market Size in ECOWAS

For the third year in a row, the ECOWAS telephonic switching apparatus market recorded decline in sales value, which decreased by -3.3% to $X in 2022. The total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% 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 -25.2% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Telephonic Switching Apparatus Production in ECOWAS

In value terms, telephonic switching apparatus production rose remarkably to $X in 2022 estimated in export price. Overall, production continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 629% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Telephonic Switching Apparatus Exports

Exports in ECOWAS

In 2022, overseas shipments of telephonic or telegraphic switching apparatus decreased by -0.5% to X units, falling for the second consecutive year after two years of growth. Overall, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of 79%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, telephonic switching apparatus exports totaled $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 64% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Nigeria represented the key exporter of telephonic or telegraphic switching apparatus in ECOWAS, with the volume of exports finishing at X units, which was near 56% of total exports in 2022. Cote d'Ivoire (X units) ranks second in terms of the total exports with a 15% share, followed by Ghana (10%) and Benin (4.7%). Mali (X units), Senegal (X units) and Togo (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to telephonic switching apparatus exports from Nigeria stood at -10.6%. At the same time, Togo (+51.0%), Benin (+18.7%), Cote d'Ivoire (+17.0%), Mali (+16.2%) and Ghana (+5.4%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of +51.0% from 2012-2022. By contrast, Senegal (-15.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Cote d'Ivoire, Ghana, Benin, Mali and Togo increased by +13, +7.3, +4.3, +3.5 and +2.2 percentage points, respectively.

In value terms, Nigeria ($X) remains the largest telephonic switching apparatus supplier in ECOWAS, comprising 56% of total exports. The second position in the ranking was held by Ghana ($X), with a 12% share of total exports. It was followed by Cote d'Ivoire, with an 8.9% share.

In Nigeria, telephonic switching apparatus exports decreased by an average annual rate of -1.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Ghana (+6.5% per year) and Cote d'Ivoire (+0.6% per year).

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per unit, with an increase of 1.7% against the previous year. In general, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 76% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mali ($X per unit), while Togo ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+10.6%), while the other leaders experienced more modest paces of growth.

Telephonic Switching Apparatus Imports

Imports in ECOWAS

Telephonic switching apparatus imports totaled X units in 2022, growing by 4% on 2021 figures. Overall, imports posted prominent growth. The pace of growth appeared the most rapid in 2013 when imports increased by 322%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, telephonic switching apparatus imports totaled $X in 2022. Over the period under review, imports saw a notable expansion. The growth pace was the most rapid in 2019 when imports increased by 51%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Nigeria dominates imports structure, recording X units, which was near 67% of total imports in 2022. It was distantly followed by Ghana (X units), Senegal (X units) and Cote d'Ivoire (X units), together mixing up a 19% share of total imports. Mali (X units), Togo (X units) and Burkina Faso (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to telephonic switching apparatus imports into Nigeria stood at +9.8%. At the same time, Senegal (+11.2%), Togo (+9.0%) and Ghana (+2.1%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of +11.2% from 2012-2022. Burkina Faso experienced a relatively flat trend pattern. By contrast, Cote d'Ivoire (-1.0%) and Mali (-5.8%) illustrated a downward trend over the same period. Nigeria (+17 p.p.) and Senegal (+2.1 p.p.) significantly strengthened its position in terms of the total imports, while Burkina Faso, Ghana, Cote d'Ivoire and Mali saw its share reduced by -2.1%, -4.5%, -5.4% and -7.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported telephonic or telegraphic switching apparatus in ECOWAS, comprising 69% of total imports. The second position in the ranking was held by Ghana ($X), with a 7.5% share of total imports. It was followed by Cote d'Ivoire, with a 5.8% share.

In Nigeria, telephonic switching apparatus imports expanded at an average annual rate of +5.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (-3.5% per year) and Cote d'Ivoire (-1.8% per year).

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per unit, with an increase of 8.8% against the previous year. Overall, the import price, however, continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 310%. Over the period under review, import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Mali ($X per unit), while Burkina Faso ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (+7.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform