China - Multiple Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultiple Loudspeakers Price in China - 2023
Contents:
- Multiple Loudspeakers Price in China (FOB) - 2023
- Multiple Loudspeakers Price in China (CIF) - 2023
- Multiple Loudspeakers Exports in China
- Multiple Loudspeakers Imports in China
Multiple Loudspeakers Price in China (FOB) - 2023
The average multiple loudspeakers export price stood at $39.9 per unit in September 2023, falling by -2.6% against the previous month. In general, the export price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in May 2023 an increase of 8.1% month-to-month. The export price peaked at $54.5 per unit in October 2022; however, from November 2022 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($57.6 per unit), while the average price for exports to Poland ($21.6 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Multiple Loudspeakers Price in China (CIF) - 2023
The average multiple loudspeakers import price stood at $163 per unit in September 2023, reducing by -28.3% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 33% month-to-month. The import price peaked at $269 per unit in March 2023; however, from April 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($2,608 per unit), while the price for Vietnam ($48.1 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Multiple Loudspeakers Exports in China
In 2022, the amount of multiple loudspeakers (in enclosure) exported from China fell to 95M units, waning by -10.2% compared with the year before. In general, exports recorded a slight contraction. The pace of growth was the most pronounced in 2021 with an increase of 7%. As a result, the exports attained the peak of 105M units, and then declined in the following year.
In value terms, multiple loudspeakers exports stood at $4.4B in 2022. The total export value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Multiple Loudspeakers in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,290 | 1,295 | 1,265 | 1,266 | -0.6% |
| Netherlands | 351 | 326 | 366 | 536 | 15.2% |
| Germany | 178 | 195 | 250 | 207 | 5.2% |
| Hong Kong SAR | 235 | 139 | 188 | 145 | -14.9% |
| Australia | 98.9 | 112 | 107 | 125 | 8.1% |
| India | 75.6 | 71.0 | 78.1 | 125 | 18.2% |
| Russia | 81.6 | 90.3 | 109 | 124 | 15.0% |
| Vietnam | 81.3 | 98.3 | 106 | 112 | 11.3% |
| United Kingdom | 135 | 138 | 110 | 95.7 | -10.8% |
| Japan | 57.8 | 75.1 | 76.2 | 94.5 | 17.8% |
| South Korea | 60.8 | 69.9 | 81.1 | 92.5 | 15.0% |
| Mexico | 52.8 | 43.8 | 63.8 | 84.8 | 17.1% |
| Thailand | 40.5 | 53.7 | 58.7 | 83.6 | 27.3% |
| Others | 931 | 869 | 1,084 | 1,318 | 12.3% |
| Total | 3,669 | 3,576 | 3,941 | 4,409 | 6.3% |
Top Export Markets for Multiple Loudspeakers from China in 2022:
- United States (25.1M units)
- Netherlands (9.4M units)
- India (5.1M units)
- Hong Kong SAR (3.1M units)
- Germany (3.0M units)
- Japan (2.5M units)
- Mexico (2.4M units)
- Vietnam (2.4M units)
- Thailand (2.4M units)
- Russia (2.3M units)
- Australia (2.1M units)
- South Korea (2.1M units)
- United Kingdom (1.9M units)
Multiple Loudspeakers Imports in China
In 2022, supplies from abroad of multiple loudspeakers (in enclosure) decreased by -0.8% to 1.6M units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 77%. Over the period under review, imports reached the maximum at 1.6M units in 2021, and then declined in the following year.
In value terms, multiple loudspeakers imports declined to $298M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 28%. Imports peaked at $316M in 2021, and then shrank in the following year.
| Import of Multiple Loudspeakers in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 29.7 | 28.5 | 35.2 | 48.4 | 17.7% |
| France | 22.3 | 49.0 | 55.4 | 41.2 | 22.7% |
| United Kingdom | 13.9 | 24.0 | 29.1 | 35.9 | 37.2% |
| Germany | 20.9 | 22.4 | 31.4 | 26.2 | 7.8% |
| Czech Republic | 13.6 | 14.7 | 29.5 | 23.5 | 20.0% |
| Vietnam | 3.8 | 8.2 | 17.6 | 23.2 | 82.8% |
| Mexico | 20.5 | 27.5 | 19.9 | 19.8 | -1.2% |
| United States | 16.7 | 12.4 | 15.1 | 16.3 | -0.8% |
| Finland | 4.5 | 6.6 | 10.3 | 10.7 | 33.5% |
| Indonesia | 7.1 | 8.2 | 9.0 | 9.3 | 9.4% |
| Japan | 8.1 | 14.8 | 11.2 | 2.1 | -36.2% |
| Hungary | 1.6 | 1.9 | 2.5 | 2.0 | 7.7% |
| Others | 33.4 | 32.5 | 49.5 | 39.2 | 5.5% |
| Total | 196 | 251 | 316 | 298 | 15.0% |
Top Suppliers of Multiple Loudspeakers to China in 2022:
- Vietnam (577.3K units)
- Malaysia (457.3K units)
- Czech Republic (121.4K units)
- Indonesia (95.0K units)
- Mexico (68.2K units)
- Finland (32.5K units)
- France (30.6K units)
- Germany (24.7K units)
- United Kingdom (24.4K units)
- United States (24.3K units)
- Hungary (24.2K units)
- Japan (14.8K units)
This report provides an in-depth analysis of the multiple loudspeakers market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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