South Africa - Loudspeakers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLoudspeaker Price in South Africa - 2023
Contents:
- Loudspeaker Price in South Africa (CIF) - 2022
- Loudspeaker Price in South Africa (FOB) - 2022
- Loudspeaker Imports in South Africa
- Loudspeaker Exports in South Africa
Loudspeaker Price in South Africa (CIF) - 2022
In 2022, the average loudspeaker import price amounted to $12 per unit, rising by 14% against the previous year. Overall, the import price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 27%. The import price peaked at $15 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($144 per unit), while the price for Indonesia ($7.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+37.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Loudspeaker Price in South Africa (FOB) - 2022
In 2022, the average loudspeaker export price amounted to $31 per unit, reducing by -6.6% against the previous year. Over the period under review, the export price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 23% against the previous year. As a result, the export price attained the peak level of $51 per unit. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($111 per unit), while the average price for exports to Swaziland ($12 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 Namibia (+0.4%), while the prices for the other major destinations experienced a decline.
Loudspeaker Imports in South Africa
Loudspeaker imports into South Africa dropped modestly to 7.6M units in 2022, which is down by -3.4% compared with 2021. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. As a result, imports attained the peak of 7.8M units, and then dropped in the following year.
In value terms, loudspeaker imports expanded significantly to $90M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
Import of Loudspeaker in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 58.0 | 47.6 | 61.9 | 73.9 | 8.4% |
Vietnam | 4.5 | 4.2 | 5.2 | 5.9 | 9.4% |
Malaysia | 1.4 | 1.6 | 1.3 | 1.5 | 2.3% |
Indonesia | 1.1 | 0.9 | 0.9 | 1.2 | 2.9% |
Others | 15.9 | 10.4 | 12.0 | 7.1 | -23.6% |
Total | 80.9 | 64.7 | 81.3 | 89.6 | 3.5% |
Top Suppliers of Loudspeaker to South Africa in 2022:
- China (6.5M units)
- Vietnam (0.6M units)
- Indonesia (0.2M units)
- Malaysia (0.1M units)
Loudspeaker Exports in South Africa
In 2022, loudspeaker exports from South Africa rose significantly to 369K units, growing by 11% on the year before. Overall, exports, however, showed a abrupt contraction. The exports peaked at 431K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, loudspeaker exports amounted to $11M in 2022. In general, exports, however, continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. The exports peaked at $12M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Loudspeaker in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Namibia | 2,034 | 1,799 | 2,182 | 2,303 | 4.2% |
Botswana | 1,932 | 1,977 | 2,168 | 2,017 | 1.4% |
Swaziland | 775 | 685 | 972 | 948 | 6.9% |
Lesotho | 726 | 755 | 1,023 | 874 | 6.4% |
China | 14.3 | 0.1 | 10.7 | 721 | 269.4% |
Zambia | 2,698 | 396 | 711 | 601 | -39.4% |
Mozambique | 503 | 395 | 467 | 477 | -1.8% |
Zimbabwe | 122 | 208 | 372 | 377 | 45.7% |
Malawi | 354 | 306 | 471 | 342 | -1.1% |
Others | 2,617 | 1,883 | 2,488 | 2,615 | -0.0% |
Total | 11,776 | 8,404 | 10,864 | 11,275 | -1.4% |
Top Export Markets for Loudspeaker from South Africa in 2022:
- Swaziland (77.0K units)
- Namibia (74.2K units)
- Botswana (55.7K units)
- Lesotho (54.2K units)
- Zambia (17.7K units)
- Malawi (16.5K units)
- Zimbabwe (14.4K units)
- Mozambique (12.4K units)
- China (6.5K units)
This report provides an in-depth analysis of the loudspeaker 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 26404235 - Single loudspeakers mounted in their enclosures (including frames or cabinets mainly designed for mounting loudspeakers)
- Prodcom 26404237 - Multiple loudspeakers mounted in the same enclosure (including frames or cabinets mainly designed for mounting loudspeakers)
- Prodcom 26404239 - Loudspeakers (including speaker drive units, frames or cabinets mainly designed for mounting loudspeakers) (excluding those mounted in their enclosures)
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:
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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