Loudspeaker Price in Uganda - 2022

Contents:

  1. Loudspeaker Price in Uganda (CIF) - 2022
  2. Loudspeaker Price in Uganda (FOB) - 2022
  3. Loudspeaker Imports in Uganda
  4. Loudspeaker Exports in Uganda

Loudspeaker Price in Uganda (CIF) - 2022

In 2022, the average loudspeaker import price amounted to $19 per unit, surging by 81% against the previous year. Over the period under review, the import price posted tangible growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +7.7% per year.

Loudspeaker Price in Uganda (FOB) - 2022

In 2022, the average loudspeaker export price amounted to $64 per unit, which is down by -13.4% against the previous year. In general, the export price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2016 an increase of 55% against the previous year. Over the period under review, the average export prices attained the peak figure at $93 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +118.7% per year.

Loudspeaker Imports in Uganda

In 2022, supplies from abroad of single loudspeakers (in enclosure) decreased by -44.2% to 43K units, falling for the second consecutive year after two years of growth. In general, imports recorded a deep reduction. The growth pace was the most rapid in 2020 when imports increased by 60%. As a result, imports reached the peak of 121K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, loudspeaker imports amounted to $820K in 2022. Over the period under review, imports showed a deep contraction. Imports peaked at $1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Loudspeaker in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates12474.712282087.7%
China830679638N/A-12.3%
Others57.175.851.2N/A-5.3%
Total1,012829811820-6.8%

Top Suppliers of Loudspeaker to Uganda in 2022:

  1. United Arab Emirates (42.6K units)

Loudspeaker Exports in Uganda

Loudspeaker exports from Uganda surged to 304 units in 2022, rising by 164% compared with the previous year. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 231%. As a result, the exports attained the peak of 497 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, loudspeaker exports surged to $20K in 2022. Over the period under review, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 150% against the previous year. As a result, the exports reached the peak of $31K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Loudspeaker in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo3.727.77.419.574.0%
Burundi3.32.8N/AN/A-15.2%
Others5.20.11.1N/A-54.0%
Total12.230.58.519.516.9%

Top Export Markets for Loudspeaker from Uganda in 2022:

  1. Democratic Republic of the Congo (304.0 units)

Source: IndexBox Market Intelligence Platform

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