Western Africa: Telephonic Switching Apparatus Market 2024

Telephonic Switching Apparatus Market Size in Western Africa

The West African telephonic switching apparatus market skyrocketed to $X in 2022, rising by X% against the previous year. Overall, consumption posted a remarkable increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Telephonic Switching Apparatus Production in Western Africa

In value terms, telephonic switching apparatus production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Telephonic Switching Apparatus Exports

Exports in Western Africa

For the third year in a row, Western Africa recorded growth in shipments abroad of telephonic or telegraphic switching apparatus, which increased by X% to X units in 2022. In general, exports, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, telephonic switching apparatus exports fell significantly to $X in 2022. Overall, exports, however, saw a abrupt decrease. The growth pace was the most rapid in 2016 with an increase of X% 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 lower figure.

Exports by Country

In 2022, Ghana (X units), distantly followed by Mali (X units), Cote d'Ivoire (X units) and Senegal (X units) were the largest exporters of telephonic or telegraphic switching apparatus, together creating X% of total exports. Mauritania (X units), Sierra Leone (X units) and Niger (X units) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), Cote d'Ivoire ($X) and Mali ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Senegal, Mauritania, Niger and Sierra Leone lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Sierra Leone, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 Niger ($X per unit), while Ghana ($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 (X%), while the other leaders experienced more modest paces of growth.

Telephonic Switching Apparatus Imports

Imports in Western Africa

In 2022, overseas purchases of telephonic or telegraphic switching apparatus increased by X% to X units, rising for the sixth year in a row after two years of decline. Overall, imports showed a pronounced expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, telephonic switching apparatus imports rose rapidly to $X in 2022. Total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Nigeria prevails in imports structure, finishing at X units, which was near X% of total imports in 2022. It was distantly followed by Ghana (X units), Cote d'Ivoire (X units) and Senegal (X units), together generating a X% share of total imports. The following importers - Burkina Faso (X units), Togo (X units) and Mali (X units) - together made up X% of total imports.

Imports into Nigeria increased at an average annual rate of X% from 2012 to 2022. At the same time, Senegal (X%), Togo (X%), Cote d'Ivoire (X%), Burkina Faso (X%) and Mali (X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Ghana (X%) illustrated a downward trend over the same period. Nigeria (X p.p.), Senegal (X p.p.), Cote d'Ivoire (X p.p.) and Togo (X p.p.) significantly strengthened its position in terms of the total imports, while Ghana saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Nigeria, telephonic switching apparatus 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: Cote d'Ivoire (X% per year) and Senegal (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price saw a noticeable contraction. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mali ($X per unit), while Ghana ($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 (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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