South Africa - Electric Sound Amplifier Sets - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

South Africa - Electric Sound Amplifier Sets - Market Analysis, Forecast, Size, Trends And Insights

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Electric Sound Amplifier Price in South Africa - 2023

Contents:

  1. Electric Sound Amplifier Price in South Africa (CIF) - 2022
  2. Electric Sound Amplifier Price in South Africa (FOB) - 2022
  3. Electric Sound Amplifier Imports in South Africa
  4. Electric Sound Amplifier Exports in South Africa

Electric Sound Amplifier Price in South Africa (CIF) - 2022

The average electric sound amplifier import price stood at $18 per unit in 2022, increasing by 33% against the previous year. In general, the import price, however, continues to indicate a abrupt shrinkage. The import price peaked at $58 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($51 per unit), while the price for Hong Kong SAR ($3.4 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 (+3.9%), while the prices for the other major suppliers experienced a decline.

Electric Sound Amplifier Price in South Africa (FOB) - 2022

In 2022, the average electric sound amplifier export price amounted to $51 per unit, standing approx. at the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 24%. The export price peaked at $148 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($141 per unit), while the average price for exports to Zambia ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+6.2%), while the prices for the other major destinations experienced a decline.

Electric Sound Amplifier Imports in South Africa

In 2022, imports of electric sound amplifier sets into South Africa fell sharply to 255K units, waning by -19.8% against 2021. Over the period under review, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 108%. As a result, imports attained the peak of 318K units, and then dropped notably in the following year.

In value terms, electric sound amplifier imports expanded markedly to $4.6M in 2022. In general, imports showed a slight descent. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Imports peaked at $4.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Electric Sound Amplifier in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,9472,0513,2103,5086.0%
Italy10973.411527736.5%
Hong Kong SAR28.716.623.623.9-5.9%
United Arab Emirates5241771416.6-76.7%
Others1,253707868829-12.9%
Total4,8613,0264,3574,645-1.5%

Top Suppliers of Electric Sound Amplifier to South Africa in 2022:

  1. China (226.2K units)
  2. Italy (10.8K units)
  3. Hong Kong SAR (7.0K units)
  4. United Arab Emirates (0.1K units)

Electric Sound Amplifier Exports in South Africa

In 2022, approx. 24K units of electric sound amplifier sets were exported from South Africa; rising by 20% on the year before. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electric sound amplifier exports surged to $1.2M in 2022. In general, exports, however, faced a deep reduction. The exports peaked at $1.8M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electric Sound Amplifier in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia2602121743237.5%
Botswana446212250309-11.5%
Swaziland170182205110-13.5%
Zambia31.543.368.510649.9%
Zimbabwe48.917.553.661.68.0%
Lesotho59.566.439.932.3-18.4%
Tanzania31.36.02.228.3-3.3%
Malawi81.714.324.915.8-42.2%
Others634255207242-27.5%
Total1,7641,0091,0241,227-11.4%

Top Export Markets for Electric Sound Amplifier from South Africa in 2022:

  1. Botswana (7.4K units)
  2. Zambia (5.2K units)
  3. Namibia (3.6K units)
  4. Swaziland (3.2K units)
  5. Zimbabwe (1.7K units)
  6. Tanzania (0.8K units)
  7. Lesotho (0.5K units)
  8. Malawi (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electric sound amplifier market in South Africa. 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 26404370 - Electric sound amplifier sets (including public address systems with microphone and speaker)

Country coverage:

  • South Africa

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in South Africa
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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