Electronics market in Sierra Leone

The Sierra Leonean Electronics eCommerce market is predicted to reach US$2.3 million by 2024 and accounts for 23.7% of the total eCommerce market in Sierra Leone. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 7.8%, resulting in a projected market volume of US$3.0 million by 2028. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.

Market development

eCommerce revenue development in the Cameras market in Sierra Leone

The Sierra Leonean Cameras eCommerce market is predicted to reach US$0.1 million by 2024 and accounts for 7.3% of the Consumer Electronics eCommerce market in Sierra Leone. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -2.0%, resulting in a projected market volume of US$0.1 million by 2028. The Cameras eCommerce market is a sub-market of the Consumer Electronics market. Further categories within the Consumer Electronics market are: Audio, Computing, Fitness Trackers, Game Consoles, Other Consumer Electronics, Printers & Scanners, TV & Video, and Telecommunications.

eCommerce revenue development in the Cameras market in Sierra Leone

in million US$

Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.

Source: ECDB analysis

eCommerce revenue growth in the Cameras market in Sierra Leone

in %

Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.

Source: ECDB analysis

Net eCommerce revenue split by sub-category

in %

Note: Data shown is using current exchange rates.

Source: ECDB analysis

20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)19.885.960.573.058.076.345.562.8

Online share

eCommerce online share of the total Cameras market in Sierra Leone

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Sierra Leonean Cameras retail market, the online share is 17.0% and will increase by an average of 4.7% to 20.4% by 2028.

eCommerce online share of the total Cameras market in Sierra Leone

in %

Note: Data shown is using current exchange rates.

Source: Statista Market Insights , ECDB analysis

20202021202220232024202520262027
Online share (in %)83.0%23.3%57.6%53.1%77.7%20.3%2.5%71.3%

Market definition

Definition of the Cameras market within the Electronics market

Market definition: Electronics > Consumer Electronics > Cameras The category Cameras includes the online trade of digital cameras (e.g. compact digital cameras, slr cameras, mirrorless cameras), lenses (e.g. interchangeable camera lenses, specialty lenses) and action cameras (e.g. gopro, dji, insta360). This category does not cover webcams, drones or camera software and apps. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Digital Cameras (e.g. compact digital cameras, SLR cameras, mirrorless cameras)
  • Lenses (e.g. interchangeable camera lenses, specialty lenses)
  • Action Cameras (e.g. GoPro, DJI, Insta360)

Out-of-scope

  • Webcams
  • Drones
  • Camera software and apps

Market comparison

The Sierra Leonean Cameras market in a global comparison

Market comparison by growth, online share, and revenue in 2023

in %

Source: ECDB analysis

Select sub-category

  • Electronics
    • Consumer Electronics
      • Audio *
        • Headphones *
        • Hifi Equipment *
        • Loudspeakers *
          • Bluetooth Loudspeakers *
          • Hifi Loudspeakers *
          • Other Loudspeakers *
        • Other Audio *
      • Cameras
        • Action Cameras *
        • Camera Lenses *
        • Digital Cameras *
        • Other Cameras *
      • Computing
        • Desktop PCs *
        • Monitors *
        • Notebooks & Laptops *
        • Tablets *
        • Other Computing *
      • Fitness Trackers *
      • Game Consoles *
        • Game Console Accessories *
        • Game Console Devices *
      • Printers & Scanners *
        • Cartridges & Toners *
        • Printers *
        • Scanners *
        • Other Printers & Scanners *
      • Telecommunications
      • TV & Video
      • Other Consumer Electronics *
    • Electrical Appliances
      • Household Appliances
        • Cookers & Ovens *
        • Dishwashers *
        • Refrigerators *
        • Small Kitchen Appliances *
        • Vacuum Cleaners *
        • Washing Machines *
        • Other Household Appliances *
      • Personal Care Appliances *
        • Electric Toothbrushes *
        • Hair Dryers *
        • Shavers *
        • Other Personal Care Appliances *

* Not available for the selected country