Telecom

Africa: smartphone imports drop 7.9% in Q2-2022 (IDC)

Africa: smartphone imports drop 7.9% in Q2-2022 (IDC)
Thursday, 01 September 2022 19:40

Over the past twelve months, Africa’s smartphone imports have declined. However, according to U.S.-based IDC, the trend will change by the end of this year.  

Africa imported about 18.1 million smartphones in Q2 2022, down by 7.9 percent compared with the 19.7 million smartphones imported the previous quarter. The figure is revealed by  U.S. firm International Data Corporation (IDC) in its latest quarterly report "Worldwide Mobile Phone Tracker."

South Africa, Nigeria, and Kenya remain the main smartphone markets in Africa, with 16.6%, 13.8%, and 7.7% respectively. China's Transsion (Tecno, Itel, and Infinix) has been the leading brand with a 48% market share. Meanwhile, South Korea's Samsung and China's Xiaomi were respectively the second and third with 25.8 and 6.6 percent market share.

In the “Worldwide Mobile Phone Tracker” report, Arnold Ponela, senior research analyst at IDC, explained that inflation and economic instability were dampening consumer sentiment and spending. He added that the situation was exacerbated by rising component and transportation costs, as well as recent blockades in China.

Q2-2022 makes it the fourth quarter with consecutive declines in African smartphone exports, with a 29.6 percent year-on-year decline.  However, IDC expects smartphone sales to pick up again in Africa and imports to rise by 16.9 percent and 9.5 percent in the third and fourth quarters respectively.  

Channels will strive to secure greater shipment allocations as they look to manage supply shortages and capitalize on what is likely to be a high-demand period for smartphones due to December festivities and Black Friday promotions,” commented Ramazan Yavuz, a senior research manager at IDC. 

Isaac K. Kassouwi

On the same topic
The talks reportedly aim to boost digital resilience after West Africa’s recent connectivity disruptions. The project would focus on route diversity,...
Egypt’s NTRA and CPA launched a nationwide training program on December 25 to enhance telecom consumer protection. With the telecom market projected to...
Anambra rolls out SmartGov to centralize access to public services Platform offers more than 30 services, including taxes and administrative...
AI-based system is now operational across Mauritania’s road network Technology targets vehicle overloading and seat belt violations Project is led by...
Most Read
01

Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...

Kenya targets UK market to boost mango exports
02

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
03

Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...

Beyond Online Checkouts: Apple Pay Finds a Second Row into Nigeria via Nomba
04

Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...

Safaricom and Airtel Money Licensed to Facilitate Capital Markets Access in Kenya
05

MTN Zambia launched a Mastercard-powered virtual card enabling secure global online payments for u...

MTN MoMo, Mastercard Partner in Zambia to Boost Global Payments
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.