ECOWAS: Line Telephone Market 2024

Line Telephone Market Size in ECOWAS

In 2022, the ECOWAS line telephone market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a slight slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Line Telephone Production in ECOWAS

In value terms, line telephone production reduced to $X in 2022 estimated in export price. In general, production, however, saw a pronounced shrinkage. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Line Telephone Exports

Exports in ECOWAS

Line telephone exports surged to X units in 2022, rising by X% against 2021 figures. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, line telephone exports surged to $X in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Senegal dominates exports structure, recording X units, which was approx. X% of total exports in 2022. Ghana (X units) took a relatively small share of total exports.

Senegal was also the fastest-growing in terms of the line telephone sets with cordless handsets exports, with a CAGR of X% from 2012 to 2022. At the same time, Ghana (X%) displayed positive paces of growth. While the share of Senegal (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Ghana (X p.p.) displayed negative dynamics.

In value terms, Senegal ($X) remains the largest line telephone supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Ghana ($X), with a X% share of total exports.

In Senegal, line telephone exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in ECOWAS stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Ghana ($X per unit), while Senegal totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (X%).

Line Telephone Imports

Imports in ECOWAS

In 2022, imports of line telephone sets with cordless handsets in ECOWAS soared to X units, picking up by X% against 2021 figures. Over the period under review, imports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, line telephone imports surged to $X in 2022. In general, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Senegal was the largest importing country with an import of about X units, which finished at X% of total imports. Mali (X units) ranks second in terms of the total imports with an X% share, followed by Ghana (X%), Togo (X%) and Nigeria (X%). Guinea (X units) and Cabo Verde (X units) followed a long way behind the leaders.

Senegal was also the fastest-growing in terms of the line telephone sets with cordless handsets imports, with a CAGR of X% from 2012 to 2022. At the same time, Togo (X%), Mali (X%), Guinea (X%) and Cabo Verde (X%) displayed positive paces of growth. By contrast, Ghana (X%) and Nigeria (X%) illustrated a downward trend over the same period. Senegal (X p.p.), Mali (X p.p.), Togo (X p.p.), Guinea (X p.p.), Ghana (X p.p.) and Cabo Verde (X p.p.) significantly strengthened its position in terms of the total imports, while Nigeria saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Senegal ($X) constitutes the largest market for imported line telephone sets with cordless handsets in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Togo ($X), with a X% share of total imports. It was followed by Nigeria, with a X% share.

In Senegal, line telephone imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Togo (X% per year) and Nigeria (X% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per unit), while Mali ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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