Single Loudspeaker Price in Tanzania - 2023
Contents:
- Single Loudspeaker Price in Tanzania (CIF) - 2022
- Single Loudspeaker Price in Tanzania (FOB) - 2022
- Single Loudspeaker Imports in Tanzania
- Single Loudspeaker Exports in Tanzania
Single Loudspeaker Price in Tanzania (CIF) - 2022
In 2022, the average single loudspeaker import price amounted to $5 per unit, picking up by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 an increase of 48%. Over the period under review, average import prices attained the peak figure at $28 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 Arab Emirates ($57 per unit), while the price for China stood at $4.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.4%).
Single Loudspeaker Price in Tanzania (FOB) - 2022
In 2022, the average single loudspeaker export price amounted to $37 per unit, jumping by 67% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $39 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($29 per unit), while the average price for exports to India ($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 Zimbabwe (+25.1%), while the prices for the other major destinations experienced a decline.
Single Loudspeaker Imports in Tanzania
In 2022, the amount of single loudspeakers (in enclosure) imported into Tanzania surged to 266K units, rising by 44% against the previous year's figure. The total import volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, single loudspeaker imports surged to $1.3M in 2022. Overall, imports enjoyed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Single Loudspeaker in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 720 | 552 | 585 | 1,053 | 13.5% |
| Others | 174 | 135 | 222 | 264 | 14.9% |
| Total | 894 | 686 | 807 | 1,317 | 13.8% |
Top Suppliers of Single Loudspeaker to Tanzania in 2022:
- China (239.8K units)
Single Loudspeaker Exports in Tanzania
In 2022, the amount of single loudspeakers (in enclosure) exported from Tanzania fell rapidly to 17 units, which is down by -83.2% against the previous year. Over the period under review, exports showed a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 573% against the previous year. Over the period under review, the exports hit record highs at 374 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, single loudspeaker exports shrank sharply to $625 in 2022. Overall, exports showed a sharp decline. The growth pace was the most rapid in 2021 with an increase of 333%. Over the period under review, the exports hit record highs at $12K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Single Loudspeaker in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 2,794 | 286 | 1,244 | 339 | -50.5% |
| Rwanda | 30.0 | 2.0 | 11.0 | 109 | 53.7% |
| Burundi | 4,657 | 115 | 422 | 97.0 | -72.5% |
| Comoros | 533 | 18.0 | 85.0 | 19.0 | -67.1% |
| United States | 386 | 8.0 | 46.0 | 6.0 | -75.0% |
| United Kingdom | 429 | 1.0 | 12.0 | 6.0 | -75.9% |
| South Africa | 230 | 1.0 | 5.0 | 2.0 | -79.4% |
| Democratic Republic of the Congo | 1,363 | 17.0 | 4.0 | 2.0 | -88.6% |
| India | 132 | 2.0 | 5.0 | 1.0 | -80.4% |
| Others | 1,942 | 63.0 | 387 | 44.0 | -71.7% |
| Total | 12,496 | 513 | 2,221 | 625 | -63.2% |
Top Export Markets for Single Loudspeaker from Tanzania in 2022:
- Zambia (32.0 units)
- Rwanda (24.0 units)
- Burundi (8.0 units)
- United Kingdom (2.0 units)
- Comoros (2.0 units)
- United States (1.0 units)
- South Africa (1.0 units)
- India (1.0 units)
- Democratic Republic of the Congo (1.0 units)
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