Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in South Africa - 2024
Contents:
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in South Africa (CIF) - 2022
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in South Africa (FOB) - 2022
- Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in South Africa
- Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in South Africa
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in South Africa (CIF) - 2022
In 2022, the average import price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $61 per unit, falling by -22.1% against the previous year. Overall, the import price recorded a mild shrinkage. The growth pace was the most rapid in 2016 an increase of 138%. Over the period under review, average import prices hit record highs at $111 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 UK ($219 per unit), while the price for Hong Kong SAR ($49 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.8%), while the prices for the other major suppliers experienced a decline.
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in South Africa (FOB) - 2022
The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $93 per unit in 2022, increasing by 13% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for sound recording or reproducing apparatus; turntables (record-decks)s decreased by -35.7% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 45% against the previous year. As a result, the export price attained the peak level of $145 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
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 Mozambique ($211 per unit), while the average price for exports to Angola ($52 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 Swaziland (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in South Africa
In 2022, imports of sound recording or reproducing apparatus; turntables (record-decks)s into South Africa surged to 15K units, jumping by 156% compared with the year before. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s skyrocketed to $932K in 2022. Over the period under review, imports enjoyed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 316 | 348 | 244 | 544 | 19.8% |
| United States | 16.9 | 16.9 | 69.3 | 209 | 131.3% |
| United Kingdom | 78.8 | 39.4 | 67.5 | 97.9 | 7.5% |
| Canada | 64.7 | N/A | 0.1 | 41.8 | -13.6% |
| Others | 141 | 58.7 | 85.6 | 39.8 | -34.4% |
| Total | 618 | 463 | 467 | 932 | 14.7% |
Top Suppliers of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) to South Africa in 2022:
- China (11.0K units)
- United States (2.8K units)
- Canada (0.8K units)
- United Kingdom (0.4K units)
Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in South Africa
In 2022, approx. 445 units of sound recording or reproducing apparatus; turntables (record-decks)s were exported from South Africa; which is down by -15.7% on 2021. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 480%. As a result, the exports attained the peak of 528 units, and then dropped significantly in the following year.
In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s reduced to $41K in 2022. In general, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 405%. As a result, the exports reached the peak of $44K, and then declined in the following year.
| Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 5.5 | 14.1 | 156.4% |
| Lesotho | 1.5 | 0.5 | 4.2 | 9.3 | 83.7% |
| Namibia | 10.8 | 1.5 | 2.5 | 7.3 | -12.2% |
| Swaziland | 4.1 | 1.4 | 1.0 | 3.1 | -8.9% |
| Mozambique | 1.5 | 3.3 | 1.6 | 2.3 | 15.3% |
| Angola | N/A | N/A | N/A | 2.0 | 0% |
| Botswana | 7.4 | 0.5 | 5.5 | 1.9 | -36.4% |
| Zimbabwe | N/A | N/A | 5.1 | 0.3 | -94.1% |
| Zambia | N/A | 0.1 | 3.9 | N/A | 3800.0% |
| Mauritius | N/A | N/A | 7.9 | N/A | 0% |
| Others | 0.3 | 1.3 | 6.4 | 1.2 | 58.7% |
| Total | 25.8 | 8.6 | 43.6 | 41.4 | 17.1% |
Top Export Markets for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) from South Africa in 2022:
- United States (147.0 units)
- Lesotho (126.0 units)
- Namibia (78.0 units)
- Angola (38.0 units)
- Swaziland (25.0 units)
- Botswana (12.0 units)
- Mozambique (11.0 units)
- Zimbabwe (2.0 units)
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