Report Update Apr 1, 2024

Nigeria - Telecommunications Instruments - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Nigeria: Telecommunications Instrument Market 2024

Telecommunications Instrument Market Size in Nigeria

In 2022, the Nigerien telecommunications instrument market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption showed a significant curtailment. Telecommunications instrument consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Telecommunications Instrument Exports

Exports from Nigeria

In 2019, the amount of telecommunications instruments exported from Nigeria amounted to X units, remaining stable against 2018 figures. In general, exports continue to indicate a dramatic contraction. The smallest decline of X% was in 2013. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2019, the exports remained at a lower figure.

In value terms, telecommunications instrument exports stood at $X in 2019. Overall, exports continue to indicate significant growth. The smallest decline of X% was in 2013. The exports peaked in 2019 and are likely to see steady growth in the near future.

Exports by Country

Burkina Faso (X units), the UK (X units) and the United States (X units) were the main destinations of telecommunications instrument exports from Nigeria, together comprising X% of total exports.

From 2012 to 2019, the biggest increases were recorded for Burkina Faso (with a CAGR of X%), while shipments for the other leaders experienced a decline.

It was followed by the UK, with a X% share.

From 2012 to 2019, the average annual growth rate of value to Burkina Faso was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the UK (X% per year).

Export Prices by Country

The average telecommunications instrument export price stood at $X per unit in 2019, standing approx. at the previous year. Over the period under review, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2013 a decrease of X%. The export price peaked in 2019 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burkina Faso ($X per unit), while the average price for exports to Ghana ($X per unit) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Telecommunications Instrument Imports

Imports into Nigeria

In 2022, overseas purchases of telecommunications instruments decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, telecommunications instrument imports soared to $X in 2022. In general, imports, however, saw slight growth. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, France (X units) constituted the largest supplier of telecommunications instrument to Nigeria, with a X% share of total imports. Moreover, telecommunications instrument imports from France exceeded the figures recorded by the second-largest supplier, the UK (X units), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and the United States (X% per year).

In value terms, France ($X) constituted the largest supplier of telecommunications instruments to Nigeria, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and the United States (X% per year).

Import Prices by Country

The average telecommunications instrument import price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price saw significant growth. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for France ($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 (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for telecommunications instruments in the world?

The countries with the highest volumes of consumption in 2023 were the United States, China and Lithuania, together comprising 61% of global consumption.

What are the largest producers of telecommunications instruments in the world?

China constituted the country with the largest volume of telecommunications instrument production, accounting for 40% of total volume. Moreover, telecommunications instrument production in China exceeded the figures recorded by the second-largest producer, Malaysia, fourfold. Lithuania ranked third in terms of total production with an 8% share.

What are the leading suppliers of telecommunications instruments to Nigeria?

In value terms, France constituted the largest supplier of telecommunications instruments to Nigeria, comprising 69% of total imports. The second position in the ranking was held by the UK, with an 11% share of total imports.

What are the leading importers of telecommunications instruments from Nigeria?

It was followed by the UK, with a 6.6% share.

What is the average export price for telecommunications instruments in Nigeria?

In 2019, the average telecommunications instrument export price amounted to $2,686 per unit, remaining stable against the previous year.

What is the average import price for telecommunications instruments in Nigeria?

In 2022, the average telecommunications instrument import price amounted to $120 per unit, surging by 81% against the previous year.

This report provides an in-depth analysis of the telecommunications instrument market in Nigeria. 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 26514400 - Instruments and apparatus, for telecommunications

Country coverage:

Nigeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Nigeria
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023