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Africa - Multiple Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAfrica: Multiple Loudspeakers Market 2024
Multiple Loudspeakers Market Size in Africa
The African multiple loudspeakers market rose markedly to $X in 2021, picking up by 13% against the previous year. The market value increased at an average annual rate of +5.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is likely to continue growth in the immediate term.
Multiple Loudspeakers Production in Africa
In value terms, multiple loudspeakers production expanded to $X in 2021 estimated in export price. The total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.1% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 38%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.
Multiple Loudspeakers Exports
Exports in Africa
For the third consecutive year, Africa recorded growth in overseas shipments of multiple loudspeakers (in enclosure), which increased by 61% to X units in 2021. Over the period under review, exports enjoyed buoyant growth. The growth pace was the most rapid in 2020 with an increase of 79% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in years to come.
In value terms, multiple loudspeakers exports soared to $X in 2021. In general, exports, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2017 with an increase of 73% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
South Africa represented the main exporter of multiple loudspeakers (in enclosure) in Africa, with the volume of exports finishing at X units, which was near 63% of total exports in 2021. It was distantly followed by Botswana (X units), mixing up a 34% share of total exports.
From 2012 to 2021, the biggest increases were recorded for Botswana (with a CAGR of +52.7%).
In value terms, South Africa ($X) remains the largest multiple loudspeakers supplier in Africa, comprising 88% of total exports. The second position in the ranking was held by Botswana ($X), with a 6.5% share of total exports.
From 2012 to 2021, the average annual growth rate of value in South Africa amounted to +1.8%.
Export Prices by Country
In 2021, the export price in Africa amounted to $X per unit, declining by -13.5% against the previous year. In general, the export price showed a deep setback. The pace of growth appeared the most rapid in 2018 an increase of 57% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably country of origin: the country with the highest price was South Africa ($X per unit), while Botswana amounted to $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (-8.6%).
Multiple Loudspeakers Imports
Imports in Africa
In 2021, purchases abroad of multiple loudspeakers (in enclosure) increased by 22% to X units, rising for the second year in a row after two years of decline. Total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +41.8% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 25% against the previous year. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.
In value terms, multiple loudspeakers imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, South Africa (X units) was the major importer of multiple loudspeakers (in enclosure), committing 37% of total imports. Ghana (X units) took an 11% share (based on physical terms) of total imports, which put it in second place, followed by Kenya (6%). Cameroon (X units), Botswana (X units), Madagascar (X units), Tunisia (X units), Tanzania (X units), Cote d'Ivoire (X units), Angola (X units), Algeria (X units), Uganda (X units) and Morocco (X units) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to multiple loudspeakers imports into South Africa stood at +9.6%. At the same time, Cameroon (+54.0%), Cote d'Ivoire (+18.1%), Ghana (+16.5%), Tunisia (+11.8%), Madagascar (+10.6%) and Kenya (+2.7%) displayed positive paces of growth. Moreover, Cameroon emerged as the fastest-growing importer imported in Africa, with a CAGR of +54.0% from 2012-2021. Uganda experienced a relatively flat trend pattern. By contrast, Botswana (-4.6%), Algeria (-9.0%), Morocco (-9.5%), Tanzania (-9.7%) and Angola (-15.3%) illustrated a downward trend over the same period. While the share of South Africa (+17 p.p.), Ghana (+7.7 p.p.), Cameroon (+4.3 p.p.), Tunisia (+2.1 p.p.), Madagascar (+2 p.p.) and Cote d'Ivoire (+1.9 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Algeria (-3.2 p.p.), Morocco (-3.2 p.p.), Botswana (-3.8 p.p.), Tanzania (-7.8 p.p.) and Angola (-9.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, South Africa ($X) constitutes the largest market for imported multiple loudspeakers (in enclosure) in Africa, comprising 35% of total imports. The second position in the ranking was held by Ghana ($X), with a 13% share of total imports. It was followed by Angola, with a 6.7% share.
From 2012 to 2021, the average annual growth rate of value in South Africa stood at +1.7%. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (+18.6% per year) and Angola (-5.2% per year).
Import Prices by Country
In 2021, the import price in Africa amounted to $X per unit, increasing by 4.1% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 24% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Angola ($X per unit), while Botswana ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+21.8%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the multiple loudspeakers market in Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26404237 - Multiple loudspeakers mounted in the same enclosure (including frames or cabinets mainly designed for mounting loudspeakers)
Country coverage:
- Algeria
- Angola
- Benin
- Botswana
- Burkina Faso
- Burundi
- Cabo Verde
- Cameroon
- Central African Republic
- Chad
- Comoros
- Congo
- Cote d'Ivoire
- Democratic Republic of the Congo
- Djibouti
- Egypt
- Equatorial Guinea
- Eritrea
- Ethiopia
- Gabon
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Kenya
- Lesotho
- Liberia
- Libya
- Madagascar
- Malawi
- Mali
- Mauritania
- Mauritius
- Mayotte
- Morocco
- Mozambique
- Namibia
- Niger
- Nigeria
- Reunion
- Rwanda
- Saint Helena, Ascension and Tristan da Cunha
- Sao Tome and Principe
- Senegal
- Seychelles
- Sierra Leone
- Somalia
- South Africa
- South Sudan
- Sudan
- Swaziland
- Tanzania
- Togo
- Tunisia
- Uganda
- Western Sahara
- Zambia
- Zimbabwe
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Africa, split by region and country
- Trade (exports and imports) in Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Algeria
- Angola
- Benin
- Botswana
- Burkina Faso
- Burundi
- Cabo Verde
- Cameroon
- Central African Republic
- Chad
- Comoros
- Congo
- Democratic Republic of the Congo
- Djibouti
- Egypt
- Equatorial Guinea
- Eritrea
- Ethiopia
- Gabon
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Kenya
- Lesotho
- Liberia
- Libya
- Madagascar
- Malawi
- Mali
- Mauritania
- Mauritius
- Mayotte
- Morocco
- Mozambique
- Namibia
- Niger
- Nigeria
- Reunion
- Rwanda
- Saint Helena, Ascension and Tristan da Cunha
- Sao Tome and Principe
- Senegal
- Seychelles
- Sierra Leone
- Somalia
- South Africa
- Sudan
- Swaziland
- Tanzania
- Togo
- Tunisia
- Uganda
- Zambia
- Zimbabwe
- Cote d'Ivoire
- Western Sahara
- South Sudan
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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