South Africa - Loudspeakers (Not In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Enclosed Loudspeakers Price in South Africa - 2023
Contents:
- Non-Enclosed Loudspeakers Price in South Africa (CIF) - 2022
- Non-Enclosed Loudspeakers Price in South Africa (FOB) - 2022
- Non-Enclosed Loudspeakers Imports in South Africa
- Non-Enclosed Loudspeakers Exports in South Africa
Non-Enclosed Loudspeakers Price in South Africa (CIF) - 2022
In 2022, the average non-enclosed loudspeakers import price amounted to $5.6 per unit, shrinking by -1.6% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 29%. As a result, import price attained the peak level of $7.9 per unit. From 2018 to 2022, the average 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 Arab Emirates ($28 per unit), while the price for Malaysia ($1.3 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 Arab Emirates (+32.3%), while the prices for the other major suppliers experienced a decline.
Non-Enclosed Loudspeakers Price in South Africa (FOB) - 2022
In 2022, the average non-enclosed loudspeakers export price amounted to $29 per unit, increasing by 13% against the previous year. In general, the export price, however, recorded a slight shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 30% against the previous year. The export price peaked at $32 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($44 per unit), while the average price for exports to Malawi ($14 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 (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Enclosed Loudspeakers Imports in South Africa
Non-enclosed loudspeakers imports into South Africa fell slightly to 5.3M units in 2022, which is down by -4.4% on 2021 figures. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.2% 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 +39.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 46%. As a result, imports attained the peak of 5.5M units, and then declined slightly in the following year.
In value terms, non-enclosed loudspeakers imports fell to $29M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of $31M, and then fell in the following year.
| Import of Non-Enclosed Loudspeakers in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.3 | 17.0 | 23.0 | 23.8 | 11.2% |
| Vietnam | 4.0 | 3.4 | 4.0 | 3.1 | -8.1% |
| Malaysia | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
| Indonesia | 0.2 | 0.5 | 0.1 | 0.3 | 14.5% |
| Others | 6.7 | 3.0 | 3.8 | 1.8 | -35.5% |
| Total | 28.5 | 24.2 | 31.3 | 29.4 | 1.0% |
Top Suppliers of Non-Enclosed Loudspeakers to South Africa in 2022:
- China (4.2M units)
- Vietnam (0.6M units)
- Malaysia (0.3M units)
- Indonesia (0.1M units)
Non-Enclosed Loudspeakers Exports in South Africa
In 2022, exports of loudspeakers (not in enclosure) from South Africa dropped to 221K units, which is down by -9.8% compared with 2021 figures. Overall, exports showed a abrupt decrease. The smallest decline of -5% was in 2021. Over the period under review, the exports hit record highs at 415K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, non-enclosed loudspeakers exports rose slightly to $6.4M in 2022. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 23%. The exports peaked at $7.9M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Non-Enclosed Loudspeakers in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 1,350 | 1,251 | 1,303 | 1,245 | -2.7% |
| Botswana | 1,180 | 1,033 | 1,296 | 1,189 | 0.3% |
| Lesotho | 602 | 663 | 885 | 716 | 6.0% |
| Swaziland | 527 | 419 | 601 | 552 | 1.6% |
| Zambia | 2,601 | 266 | 480 | 398 | -46.5% |
| Mozambique | 333 | 287 | 369 | 351 | 1.8% |
| Malawi | 287 | 266 | 377 | 254 | -4.0% |
| Others | 986 | 920 | 980 | 1,701 | 19.9% |
| Total | 7,867 | 5,106 | 6,290 | 6,406 | -6.6% |
Top Export Markets for Non-Enclosed Loudspeakers from South Africa in 2022:
- Lesotho (47.9K units)
- Namibia (40.5K units)
- Botswana (34.0K units)
- Swaziland (31.2K units)
- Malawi (17.8K units)
- Mozambique (10.8K units)
- Zambia (9.0K units)
This report provides an in-depth analysis of the non-enclosed 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 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
-
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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