Price for Musical Instruments; Parts and Accessories for Pianos in South Africa - 2024
Contents:
- Price for Musical Instruments; Parts and Accessories for Pianos in South Africa (CIF) - 2022
- Price for Musical Instruments; Parts and Accessories for Pianos in South Africa (FOB) - 2022
- Imports of Musical Instruments; Parts and Accessories for Pianos in South Africa
- Exports of Musical Instruments; Parts and Accessories for Pianos in South Africa
Price for Musical Instruments; Parts and Accessories for Pianos in South Africa (CIF) - 2022
The average import price for musical instruments; parts and accessories for pianoses stood at $20,783 per ton in 2022, dropping by -24.4% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for musical instruments; parts and accessories for pianoses increased by +63.3% against 2017 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 63% against the previous year. As a result, import price attained the peak level of $27,486 per ton, and then shrank remarkably in the following year.
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 the United States ($156,232 per ton), while the price for China ($6,404 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Musical Instruments; Parts and Accessories for Pianos in South Africa (FOB) - 2022
In 2022, the average export price for musical instruments; parts and accessories for pianoses amounted to $10,963 per ton, with an increase of 2.2% against the previous year. In general, the export price enjoyed a notable expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 314% against the previous year. As a result, the export price attained the peak level of $33,922 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($15,850 per ton), while the average price for exports to Swaziland ($8,990 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Musical Instruments; Parts and Accessories for Pianos in South Africa
In 2022, overseas purchases of musical instruments; parts and accessories for pianoses were finally on the rise to reach 4.7 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt setback.
In value terms, imports of musical instruments; parts and accessories for pianoses shrank dramatically to $97K in 2022. In general, imports, however, faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year.
| Import of Musical Instruments; Parts and Accessories for Pianos in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.4 | 7.9 | 15.5 | 28.9 | 87.3% |
| Germany | 23.2 | 39.4 | 73.0 | 27.3 | 5.6% |
| China | 72.5 | 45.4 | 28.4 | 24.6 | -30.3% |
| United Kingdom | 1.1 | 1.8 | 2.3 | 10.2 | 110.1% |
| South Korea | 7.3 | N/A | 1.1 | 0.3 | -65.5% |
| United Arab Emirates | 5.8 | 2.3 | 0.1 | N/A | -86.9% |
| Others | 19.2 | 9.8 | 6.2 | 5.7 | -33.3% |
| Total | 134 | 106 | 127 | 97.0 | -10.2% |
Top Suppliers of Musical Instruments; Parts and Accessories for Pianos to South Africa in 2022:
- China (3840.0 kg)
- Germany (431.0 kg)
- United States (185.0 kg)
- United Kingdom (71.0 kg)
- South Korea (21.0 kg)
Exports of Musical Instruments; Parts and Accessories for Pianos in South Africa
Exports of musical instruments; parts and accessories for pianoses from South Africa soared to 1 tons in 2022, increasing by 113% on 2021. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of musical instruments; parts and accessories for pianoses surged to $11K in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 148%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Musical Instruments; Parts and Accessories for Pianos in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 1.3 | 1.4 | 0.9 | 7.5 | 79.4% |
| Swaziland | 0.5 | N/A | 0.7 | 1.8 | 53.3% |
| Namibia | 1.7 | 0.6 | 0.6 | 1.6 | -2.0% |
| Zambia | 0.1 | N/A | 1.4 | 0.3 | 44.2% |
| Mozambique | N/A | 0.1 | 0.3 | N/A | 200.0% |
| Angola | N/A | N/A | 0.4 | N/A | 0% |
| Others | N/A | N/A | 0.9 | N/A | 0% |
| Total | 3.5 | 2.1 | 5.2 | 11.3 | 47.8% |
Top Export Markets for Musical Instruments; Parts and Accessories for Pianos from South Africa in 2022:
- Botswana (652.0 kg)
- Swaziland (200.0 kg)
- Namibia (156.0 kg)
- Zambia (20.0 kg)
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