Price for Musical Instruments; Wind, Brass (Eg Trumpets) in South Africa - 2024

Contents:

  1. Price for Musical Instruments; Wind, Brass (Eg Trumpets) in South Africa (CIF) - 2022
  2. Price for Musical Instruments; Wind, Brass (Eg Trumpets) in South Africa (FOB) - 2022
  3. Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in South Africa
  4. Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in South Africa

Price for Musical Instruments; Wind, Brass (Eg Trumpets) in South Africa (CIF) - 2022

In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $81 per unit, waning by -30.2% against the previous year. Overall, the import price recorded a pronounced descent. The growth pace was the most rapid in 2019 when the average import price increased by 74%. As a result, import price attained the peak level of $162 per unit. From 2020 to 2022, the average import prices remained at a 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 Indonesia ($504 per unit), while the price for France ($12 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Musical Instruments; Wind, Brass (Eg Trumpets) in South Africa (FOB) - 2022

The average export price for musical instruments; wind, brass (eg trumpets) stood at $312 per unit in 2022, rising by 5.1% against the previous year. In general, the export price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 307% against the previous year. The export price peaked at $1,386 per unit in 2012; however, from 2013 to 2022, the 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 Namibia ($560 per unit), while the average price for exports to Swaziland ($130 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 Mozambique (-3.7%), while the prices for the other major destinations experienced a decline.

Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in South Africa

In 2022, the amount of musical instruments; wind, brass (eg trumpets) imported into South Africa skyrocketed to 5.2K units, surging by 80% against the year before. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of musical instruments; wind, brass (eg trumpets) surged to $418K in 2022. Overall, imports, however, saw a noticeable slump. Imports peaked at $480K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China329158202273-6.0%
Indonesia4.622.728.960.0135.4%
FranceN/AN/AN/A6.30%
Others14710110278.2-19.0%
Total480281333418-4.5%

Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to South Africa in 2022:

  1. China (4.3K units)
  2. France (0.5K units)
  3. Indonesia (0.1K units)

Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in South Africa

In 2022, overseas shipments of musical instruments; wind, brass (eg trumpets) decreased by -3.4% to 28 units, falling for the second consecutive year after two years of growth. Overall, exports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 241%. As a result, the exports attained the peak of 58 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of musical instruments; wind, brass (eg trumpets) stood at $8.7K in 2022. Over the period under review, exports faced a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 47%. As a result, the exports attained the peak of $23K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Musical Instruments; Wind, Brass (Eg Trumpets) in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Botswana4.620.76.05.98.7%
ZambiaN/A0.3N/A1.6130.9%
Namibia2.91.80.51.1-27.6%
Swaziland1.10.30.50.1-55.0%
MozambiqueN/AN/A1.3N/A0%
Others7.40.30.3N/A-79.9%
Total15.923.48.68.7-18.2%

Top Export Markets for Musical Instruments; Wind, Brass (Eg Trumpets) from South Africa in 2022:

  1. Botswana (21.0 units)
  2. Zambia (4.0 units)
  3. Namibia (2.0 units)
  4. Swaziland (1.0 units)

Source: IndexBox Market Intelligence Platform

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