Nigeria: Network Communications Equipment Market 2025

Network Communications Equipment Market Size in Nigeria

The Nigerien network communications equipment market declined sharply to $X in 2022, with a decrease of -55.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a deep reduction. Network communications equipment consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Network Communications Equipment Exports

Exports from Nigeria

In 2022, the amount of network communications equipment exported from Nigeria fell notably to X units, declining by -36.6% against the year before. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of 114%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, network communications equipment exports dropped rapidly to $X in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 54%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Malawi (X units) was the main destination for network communications equipment exports from Nigeria, accounting for a 53% share of total exports. Moreover, network communications equipment exports to Malawi exceeded the volume sent to the second major destination, Cote d'Ivoire (X units), fourfold. The Netherlands (X units) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Malawi amounted to +34.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (-25.1% per year) and the Netherlands (-22.7% per year).

In value terms, Malawi ($X) remains the key foreign market for network communications equipment exports from Nigeria, comprising 52% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a 12% share of total exports. It was followed by the Netherlands, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Malawi totaled +40.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (-22.5% per year) and the Netherlands (-19.9% per year).

Export Prices by Country

In 2022, the average network communications equipment export price amounted to $X per unit, surging by 30% against the previous year. Over the period under review, the export price saw tangible growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 73%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Canada ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Network Communications Equipment Imports

Imports into Nigeria

In 2022, approx. X units of network communications equipment were imported into Nigeria; dropping by -48.4% against the year before. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 207% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, network communications equipment imports fell remarkably to $X in 2022. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 245% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The UK (X units), China (X units) and Hong Kong SAR (X units) were the main suppliers of network communications equipment imports to Nigeria, together comprising 76% of total imports. The Czech Republic, the United Arab Emirates, Ireland, the United States, Germany and Switzerland lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +14.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of network communications equipment to Nigeria, comprising 33% of total imports. The second position in the ranking was held by China ($X), with an 11% share of total imports. It was followed by the United Arab Emirates, with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK stood at -19.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.0% per year) and the United Arab Emirates (-7.2% per year).

Import Prices by Country

In 2022, the average network communications equipment import price amounted to $X per unit, waning by -29.1% against the previous year. In general, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 93% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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