Price for Non-Keyboard Electrical Musical Instruments in Uganda - 2022
Contents:
- Price for Non-Keyboard Electrical Musical Instruments in Uganda (CIF) - 2022
- Price for Non-Keyboard Electrical Musical Instruments in Uganda (FOB) - 2022
- Imports of Non-Keyboard Electrical Musical Instruments in Uganda
- Exports of Non-Keyboard Electrical Musical Instruments in Uganda
Price for Non-Keyboard Electrical Musical Instruments in Uganda (CIF) - 2022
The average non-keyboard electrical musical instruments import price stood at $50 per unit in 2022, jumping by 33% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-keyboard electrical musical instruments import price increased by +99.2% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tanzania ($202 per unit), while the price for South Korea ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Sudan (+90.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Keyboard Electrical Musical Instruments in Uganda (FOB) - 2022
In 2022, the average non-keyboard electrical musical instruments export price amounted to $42 per unit, dropping by -62.1% against the previous year. In general, the export price saw a deep contraction. The pace of growth appeared the most rapid in 2018 an increase of 119%. Over the period under review, the average export prices reached the maximum at $127 per unit in 2013; however, from 2014 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 the UK ($170 per unit), while the average price for exports to South Africa ($1 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 Tanzania (+51.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Keyboard Electrical Musical Instruments in Uganda
Non-keyboard electrical musical instruments imports into Uganda plummeted to 378 units in 2022, falling by -51.8% against 2021. In general, imports showed a sharp setback. The smallest decline of -18.9% was in 2020. Over the period under review, imports hit record highs at 1.6K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, non-keyboard electrical musical instruments imports shrank markedly to $19K in 2022. Overall, imports saw a precipitous decline. The smallest decline of -20.9% was in 2021. Over the period under review, imports hit record highs at $50K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Non-Keyboard Electrical Musical Instruments in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.1 | 17.9 | 5.6 | 3.2 | -37.5% |
| Tanzania | 3.8 | 3.5 | 3.7 | 3.0 | -7.6% |
| United States | 10.4 | 5.0 | 1.3 | 2.9 | -34.7% |
| United Kingdom | 2.8 | 2.8 | 6.3 | 2.1 | -9.1% |
| United Arab Emirates | 1.9 | 1.8 | 2.0 | 2.0 | 1.7% |
| Rwanda | 3.0 | 2.3 | 2.1 | 1.4 | -22.4% |
| South Korea | 0.1 | 0.1 | 1.1 | 0.7 | 91.3% |
| Others | 14.6 | 4.1 | 7.5 | 3.5 | -37.9% |
| Total | 49.5 | 37.5 | 29.7 | 18.9 | -27.5% |
Top Suppliers of Non-Keyboard Electrical Musical Instruments to Uganda in 2022:
- China (154.0 units)
- Rwanda (43.0 units)
- United States (39.0 units)
- South Korea (38.0 units)
- United Kingdom (22.0 units)
- United Arab Emirates (20.0 units)
- Tanzania (15.0 units)
Exports of Non-Keyboard Electrical Musical Instruments in Uganda
In 2022, approx. 12 units of non-keyboard electrical musical instrumentses were exported from Uganda; which is down by -60% against the previous year. Overall, exports recorded a significant contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 50%. The exports peaked at 79 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, non-keyboard electrical musical instruments exports fell sharply to $508 in 2022. Over the period under review, exports faced a significant curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 137% against the previous year. The exports peaked at $9K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Non-Keyboard Electrical Musical Instruments in Uganda (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 676 | 292 | 608 | 170 | -36.9% |
| South Sudan | 1,145 | 123 | 347 | 80.0 | -58.8% |
| Tanzania | 71.0 | 43.0 | 176 | 65.0 | -2.9% |
| Democratic Republic of the Congo | 125 | 67.0 | 278 | 64.0 | -20.0% |
| Nigeria | N/A | 33.0 | N/A | 36.0 | 4.4% |
| Ethiopia | 58.0 | 33.0 | 97.0 | 25.0 | -24.5% |
| Italy | 68.0 | 33.0 | 87.0 | 20.0 | -33.5% |
| Kenya | 360 | 25.0 | 87.0 | 20.0 | -61.8% |
| Burundi | 75.0 | 30.0 | 63.0 | 12.0 | -45.7% |
| Rwanda | 57.0 | 25.0 | 57.0 | 12.0 | -40.5% |
| France | 416 | 7.0 | 15.0 | 3.0 | -80.7% |
| South Africa | 196 | 100 | 87.0 | 1.0 | -82.8% |
| Zambia | 5,187 | 100 | N/A | N/A | -98.1% |
| Others | 521 | 502 | 1,449 | N/A | 66.8% |
| Total | 8,955 | 1,413 | 3,351 | 508 | -61.6% |
Top Export Markets for Non-Keyboard Electrical Musical Instruments from Uganda in 2022:
- Italy (1.0 units)
- Burundi (1.0 units)
- South Africa (1.0 units)
- Tanzania (1.0 units)
- France (1.0 units)
- United Kingdom (1.0 units)
- Democratic Republic of the Congo (1.0 units)
- Rwanda (1.0 units)
- South Sudan (1.0 units)
- Ethiopia (1.0 units)
- Kenya (1.0 units)
- Nigeria (1.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in Uganda.
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This report provides an in-depth analysis of the global electrical musical instrument market.
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