Price for Keyboard Electrical Musical Instruments, Other than Accordions in South Africa - 2024
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in South Africa (CIF) - 2024
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in South Africa (FOB) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in South Africa
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in South Africa
Price for Keyboard Electrical Musical Instruments, Other than Accordions in South Africa (CIF) - 2024
The average import price for keyboard electrical musical instruments, other than accordionses stood at $216 per unit in January 2024, jumping by 86% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 an increase of 125% month-to-month. The import price peaked at $282 per unit in August 2023; however, from September 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Malaysia ($797 per unit), while the price for the Philippines ($57.1 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by India (+14.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in South Africa (FOB) - 2022
The average export price for keyboard electrical musical instruments, other than accordionses stood at $240 per unit in 2022, picking up by 45% against the previous year. Overall, the export price, however, continues to indicate a perceptible downturn. Over the period under review, the average export prices attained the maximum at $357 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 the United Arab Emirates ($1,368 per unit), while the average price for exports to the UK ($89 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 the United Arab Emirates (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in South Africa
In 2022, after two years of decline, there was growth in supplies from abroad of keyboard electrical musical instruments, other than accordionses, when their volume increased by 0.5% to 28K units. Over the period under review, imports, however, faced a deep reduction. Over the period under review, imports of attained the peak figure at 51K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of keyboard electrical musical instruments, other than accordionses expanded markedly to $3.8M in 2022. Overall, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Imports peaked at $4.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.7 | 2.0 | 2.3 | 2.3 | -14.7% |
| Malaysia | 0.2 | 0.3 | 0.6 | 0.5 | 35.7% |
| India | N/A | N/A | N/A | 0.4 | 0% |
| Others | 0.6 | 0.4 | 0.5 | 0.6 | 0.0% |
| Total | 4.5 | 2.7 | 3.4 | 3.8 | -5.5% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to South Africa in 2022:
- China (22.5K units)
- India (3.1K units)
- Malaysia (1.0K units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in South Africa
In 2022, overseas shipments of keyboard electrical musical instruments, other than accordionses were finally on the rise to reach 2.4K units after two years of decline. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of keyboard electrical musical instruments, other than accordionses skyrocketed to $575K in 2022. In general, exports enjoyed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 268 | 0% |
| Namibia | 58.2 | 60.7 | 80.1 | 91.1 | 16.1% |
| Botswana | 109 | 67.8 | 66.4 | 83.4 | -8.5% |
| Swaziland | 60.6 | 63.9 | 67.2 | 78.8 | 9.1% |
| Malawi | 1.2 | 5.6 | 1.7 | 13.3 | 123.0% |
| Lesotho | 4.9 | 6.6 | 13.0 | 8.7 | 21.1% |
| United Kingdom | N/A | 0.9 | 0.1 | 4.6 | 126.1% |
| Democratic Republic of the Congo | 3.3 | 2.0 | 39.6 | 4.3 | 9.2% |
| Zambia | 25.5 | 14.1 | 7.7 | 3.9 | -46.5% |
| Mozambique | 21.2 | 17.9 | 5.5 | 1.3 | -60.6% |
| Angola | 24.8 | 20.4 | N/A | 0.2 | -79.9% |
| Others | 25.0 | 17.7 | 10.5 | 16.9 | -12.2% |
| Total | 334 | 278 | 292 | 575 | 19.9% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from South Africa in 2022:
- Botswana (759.0 units)
- Namibia (617.0 units)
- Swaziland (462.0 units)
- United Arab Emirates (196.0 units)
- Malawi (118.0 units)
- Lesotho (84.0 units)
- United Kingdom (52.0 units)
- Zambia (34.0 units)
- Democratic Republic of the Congo (14.0 units)
- Mozambique (10.0 units)
- Angola (1.0 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.
