India - Microphones And Their Stands - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 11, 2024

India - Microphones And Their Stands - Market Analysis, Forecast, Size, Trends And Insights

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Microphone Price in India - 2023

Contents:

  1. Microphone Price in India (CIF) - 2023
  2. Microphone Price in India (FOB) - 2022
  3. Microphone Imports in India
  4. Microphone Exports in India

Microphone Price in India (CIF) - 2023

In September 2023, the average microphone import price amounted to $269 per thousand units, leveling off at the previous month. In general, the import price showed a mild curtailment. The most prominent rate of growth was recorded in February 2023 an increase of 35% m-o-m. Over the period under review, average import prices reached the maximum at $471 per thousand units in March 2023; however, from April 2023 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($246 per thousand units), while the price for Vietnam ($95.0 per thousand units) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+0.5%), while the prices for the other major suppliers experienced a decline.

Microphone Price in India (FOB) - 2022

In 2022, the average microphone export price amounted to $30 per unit, with a decrease of -46.2% against the previous year. In general, the export price saw a abrupt slump. The growth pace was the most rapid in 2017 an increase of 106% against the previous year. Over the period under review, the average export prices attained the peak figure at $237 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Yemen ($27 per unit) and China ($27 per unit), while the average price for exports to Iraq ($27 per unit) and Vietnam ($27 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-7.5%), while the prices for the other major destinations experienced a decline.

Microphone Imports in India

Microphone imports into India amounted to 3.2M units in 2022, increasing by 2.4% compared with the previous year. Overall, imports, however, recorded a slight curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 23%. Over the period under review, imports attained the peak figure at 3.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, microphone imports soared to $88M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Microphone in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.217.327.739.214.4%
Hong Kong SAR16.111.013.813.4-5.9%
Malaysia5.69.28.57.610.7%
Germany4.42.53.74.50.8%
Vietnam3.63.73.13.5-0.9%
South Korea1.71.72.63.527.2%
Australia1.21.52.23.035.7%
United States2.82.02.62.6-2.4%
Japan2.72.42.82.2-6.6%
Singapore3.02.41.92.0-12.6%
Thailand0.70.71.31.528.9%
Others4.14.75.74.96.1%
Total72.159.175.888.16.9%

Top Suppliers of Microphone to India in 2022:

  1. China (1421.4K units)
  2. Hong Kong SAR (485.3K units)
  3. Malaysia (276.9K units)
  4. Germany (164.2K units)
  5. South Korea (127.3K units)
  6. Vietnam (126.8K units)
  7. Australia (109.2K units)
  8. United States (93.7K units)
  9. Japan (80.5K units)
  10. Singapore (74.1K units)
  11. Thailand (55.4K units)

Microphone Exports in India

In 2022, exports of microphones and their stands from India skyrocketed to 130K units, increasing by 131% on the year before. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 297% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, microphone exports soared to $3.9M in 2022. In general, exports, however, showed a pronounced decline. The pace of growth was the most pronounced in 2020 with an increase of 98% against the previous year. As a result, the exports attained the peak of $8.5M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Microphone in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1,001719510617-14.9%
MalaysiaN/A1.63.14781628.4%
Bangladesh41.6184557388110.5%
France0.3N/A0.1335937.5%
United States1025,60658.526036.6%
China85.17.119917527.2%
Nigeria12138.225.61230.5%
Yemen33317778.1119-29.0%
Iraq15476.1117118-8.5%
Hong Kong SAR146224381102-11.3%
Vietnam55.51571.190.017.5%
Nepal5.16.324.584.4154.8%
IsraelN/A38855.23.2-90.9%
Others2,2489331,098965-24.6%
Total4,2948,5193,1073,857-3.5%

Top Export Markets for Microphone from India in 2022:

  1. United Arab Emirates (22.5K units)
  2. Malaysia (17.4K units)
  3. Bangladesh (14.1K units)
  4. France (12.2K units)
  5. United States (9.5K units)
  6. China (6.4K units)
  7. Nigeria (4.5K units)
  8. Iraq (4.3K units)
  9. Yemen (4.3K units)
  10. Hong Kong SAR (3.7K units)
  11. Vietnam (3.3K units)
  12. Nepal (3.1K units)
  13. Israel (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the microphone market in India. 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 26404100 - Microphones and their stands (excluding cordless microphones with a transmitter)

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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