Price for Non-Keyboard Electrical Musical Instruments in South Africa - 2023
Contents:
- Price for Non-Keyboard Electrical Musical Instruments in South Africa (CIF) - 2022
- Price for Non-Keyboard Electrical Musical Instruments in South Africa (FOB) - 2022
- Imports of Non-Keyboard Electrical Musical Instruments in South Africa
- Exports of Non-Keyboard Electrical Musical Instruments in South Africa
Price for Non-Keyboard Electrical Musical Instruments in South Africa (CIF) - 2022
In 2022, the average non-keyboard electrical musical instruments import price amounted to $95 per unit, dropping by -16% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth was the most pronounced in 2016 an increase of 33% against the previous year. As a result, import price attained the peak level of $192 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($132 per unit), while the price for Japan ($23 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 (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Non-Keyboard Electrical Musical Instruments in South Africa (FOB) - 2022
In 2022, the average non-keyboard electrical musical instruments export price amounted to $156 per unit, with an increase of 90% against the previous year. In general, the export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 174% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($364 per unit), while the average price for exports to Botswana ($42 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 Brazil (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Keyboard Electrical Musical Instruments in South Africa
In 2022, approx. 28K units of non-keyboard electrical musical instrumentses were imported into South Africa; remaining stable against 2021 figures. In general, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 95%. As a result, imports reached the peak of 29K units, leveling off in the following year.
In value terms, non-keyboard electrical musical instruments imports contracted notably to $2.7M in 2022. Over the period under review, imports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2021 when imports increased by 71%. As a result, imports attained the peak of $3.2M, and then fell remarkably in the following year.
| Import of Non-Keyboard Electrical Musical Instruments in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,388 | 753 | 1,327 | 1,104 | -7.3% |
| Indonesia | 729 | 476 | 749 | 783 | 2.4% |
| United States | 333 | 245 | 588 | 351 | 1.8% |
| Japan | 101 | 56.6 | 71.5 | 46.1 | -23.0% |
| United Kingdom | 29.6 | 13.3 | 25.7 | 23.7 | -7.1% |
| Others | 410 | 333 | 450 | 375 | -2.9% |
| Total | 2,990 | 1,877 | 3,211 | 2,683 | -3.5% |
Top Suppliers of Non-Keyboard Electrical Musical Instruments to South Africa in 2022:
- China (14.2K units)
- Indonesia (5.9K units)
- United States (4.1K units)
- Japan (2.0K units)
- United Kingdom (0.4K units)
Exports of Non-Keyboard Electrical Musical Instruments in South Africa
In 2022, shipments abroad of non-keyboard electrical musical instrumentses increased by 28% to 8.1K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a pronounced downturn. The exports peaked at 8.7K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, non-keyboard electrical musical instruments exports skyrocketed to $1.3M in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Non-Keyboard Electrical Musical Instruments in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 1.4 | N/A | N/A | 395 | 555.9% |
| Zimbabwe | N/A | 2.7 | 18.4 | 361 | 1056.3% |
| United States | 3.7 | 78.4 | 112 | 162 | 252.5% |
| Namibia | 100 | 58.3 | 23.8 | 50.2 | -20.5% |
| Malawi | 17.9 | 12.3 | 39.9 | 48.4 | 39.3% |
| Botswana | 177 | 60.6 | 87.0 | 40.1 | -39.0% |
| Democratic Republic of the Congo | 80.8 | 9.6 | 22.3 | 23.6 | -33.7% |
| Swaziland | 10.2 | 30.6 | 20.4 | 12.5 | 7.0% |
| Others | 108 | 152 | 193 | 169 | 16.1% |
| Total | 499 | 404 | 517 | 1,262 | 36.2% |
Top Export Markets for Non-Keyboard Electrical Musical Instruments from South Africa in 2022:
- Zimbabwe (2002.0 units)
- Brazil (1471.0 units)
- Namibia (1123.0 units)
- Botswana (945.0 units)
- Malawi (651.0 units)
- United States (444.0 units)
- Swaziland (291.0 units)
- Democratic Republic of the Congo (135.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in South Africa.
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This report provides an in-depth analysis of the global electrical musical instrument market.
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This report provides an in-depth analysis of the electrical musical instrument market in South Africa.
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This report provides an in-depth analysis of the global electrical musical instrument market.
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Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
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Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
