South Africa - Multiple Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultiple Loudspeakers Price in South Africa - 2023
Contents:
- Multiple Loudspeakers Price in South Africa (CIF) - 2022
- Multiple Loudspeakers Price in South Africa (FOB) - 2022
- Multiple Loudspeakers Imports in South Africa
- Multiple Loudspeakers Exports in South Africa
Multiple Loudspeakers Price in South Africa (CIF) - 2022
The average multiple loudspeakers import price stood at $40 per unit in 2022, falling by -20.2% against the previous year. Over the period under review, the import price recorded a deep downturn. The pace of growth was the most pronounced in 2016 when the average import price increased by 81%. The import price peaked at $113 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($120 per unit), while the price for China totaled $35 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.6%).
Multiple Loudspeakers Price in South Africa (FOB) - 2022
In 2022, the average multiple loudspeakers export price amounted to $83 per unit, falling by -26.8% against the previous year. In general, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 37% against the previous year. Over the period under review, the average export prices hit record highs at $259 per unit in 2012; however, from 2013 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 Italy ($153 per unit), while the average price for exports to Australia ($35 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 Italy (-5.5%), while the prices for the other major destinations experienced a decline.
Multiple Loudspeakers Imports in South Africa
In 2022, approx. 1.1M units of multiple loudspeakers (in enclosure) were imported into South Africa; increasing by 71% on the year before. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, multiple loudspeakers imports surged to $44M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Multiple Loudspeakers in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.6 | 19.2 | 24.7 | 37.0 | 14.6% |
| Vietnam | 0.4 | 0.5 | 0.7 | 2.2 | 76.5% |
| Others | 8.2 | 6.7 | 6.9 | 4.9 | -15.8% |
| Total | 33.2 | 26.4 | 32.3 | 44.0 | 9.8% |
Top Suppliers of Multiple Loudspeakers to South Africa in 2022:
- China (1054.9K units)
- Vietnam (18.4K units)
Multiple Loudspeakers Exports in South Africa
For the fourth consecutive year, South Africa recorded growth in overseas shipments of multiple loudspeakers (in enclosure), which increased by 39% to 33K units in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 124% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, multiple loudspeakers exports reached $2.8M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 56%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Multiple Loudspeakers in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 133 | 219 | 464 | 574 | 62.8% |
| Botswana | 333 | 545 | 504 | 470 | 12.2% |
| Angola | 41.9 | 47.0 | 85.7 | 269 | 85.9% |
| Swaziland | 67.2 | 121 | 216 | 249 | 54.7% |
| Italy | 82.7 | 99.2 | 70.5 | 126 | 15.1% |
| Zambia | 55.3 | 63.0 | 158 | 91.7 | 18.4% |
| United States | 242 | 45.2 | 184 | 63.2 | -36.1% |
| Zimbabwe | 29.9 | 12.7 | 104 | 62.9 | 28.1% |
| Lesotho | 60.3 | 40.0 | 43.7 | 51.4 | -5.2% |
| Mozambique | 67.0 | 31.9 | 45.8 | 46.7 | -11.3% |
| Australia | N/A | 27.4 | N/A | 32.7 | 9.2% |
| Burkina Faso | N/A | N/A | 30.6 | N/A | 0% |
| Others | 928 | 490 | 814 | 730 | -7.7% |
| Total | 2,041 | 1,741 | 2,720 | 2,767 | 10.7% |
Top Export Markets for Multiple Loudspeakers from South Africa in 2022:
- Namibia (10.7K units)
- Botswana (7.5K units)
- Swaziland (3.5K units)
- Angola (2.8K units)
- Zambia (1.3K units)
- Zimbabwe (1.0K units)
- Australia (0.9K units)
- Mozambique (0.8K units)
- Italy (0.8K units)
- United States (0.7K units)
- Lesotho (0.6K units)
This report provides an in-depth analysis of the multiple loudspeakers 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 26404237 - Multiple loudspeakers mounted in the same enclosure (including frames or cabinets mainly designed for mounting loudspeakers)
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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