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U.S. - Electric Sound Amplifier Sets - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Jul 3, 2023

Electric Sound Amplifier Export in United States Increases 6% to $9.1M in April 2023

U.S. Electric Sound Amplifier Exports

After two months of growth, overseas shipments of electric sound amplifier sets decreased by -0.7% to 23K units in April 2023. Overall, total exports indicated a modest expansion from April 2022 to April 2023: its volume increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, exports increased by +68.6% against January 2023 indices. The most prominent rate of growth was recorded in March 2023 when exports increased by 61% against the previous month. As a result, the exports reached the peak of 23K units, leveling off in the following month.

In value terms, electric sound amplifier exports amounted to $9.1M (IndexBox estimates) in April 2023. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 with an increase of 44% month-to-month. The exports peaked at 9.2M units in April 2022; however, from May 2022 to April 2023, the exports failed to regain momentum.

COUNTRY	Export Value of Electric Sound Amplifier in U.S. (thousand USD)
COUNTRY	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023
Canada	1,254	1,362	1,489	1,340	1,584	1,258	895	1,255	1,162	1,235	1,277	1,618	2,688
United Kingdom	193	504	2,317	698	234	744	468	558	497	276	802	830	790
Hong Kong	464	392	298	396	1,060	651	569	246	513	816	394	401	444
Germany	366	408	594	481	583	575	767	490	515	297	583	477	437
Netherlands	155	157	143	216	183	423	326	176	170	148	245	182	408
Japan	327	173	191	402	422	345	489	447	442	292	361	399	361
Mexico	1,495	576	441	223	171	708	297	302	189	608	364	775	355
Australia	218	214	224	179	274	302	233	202	1,514	156	99.9	129	276
Colombia	125	37.1	6.5	55.1	48.9	218	248	72.8	41.6	38.7	28.6	41.5	90.2
Brazil	95.2	38.6	8.4	116	132	272	116	56.1	37.6	67.1	145	96.2	39.2
Others	4,490	3,362	2,384	3,298	2,894	3,045	3,006	2,211	3,597	1,980	1,813	3,611	3,209
Total	9,181	7,223	8,096	7,405	7,585	8,542	7,415	6,015	8,678	5,914	6,114	8,558	9,097

Exports by Country

Canada (12K units) was the main destination for electric sound amplifier exports from the United States, accounting for a 53% share of total exports. Moreover, electric sound amplifier exports to Canada exceeded the volume sent to the second major destination, the UK (2.5K units), fivefold. The third position in this ranking was taken by Mexico (1.5K units), with a 6.6% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of volume to Canada stood at +6.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the UK (+20.9% per month) and Mexico (-2.1% per month).

In value terms, Canada ($2.7M) remains the key foreign market for electric sound amplifier exports from the United States, comprising 30% of total exports. The second position in the ranking was held by the UK ($790K), with an 8.7% share of total exports. It was followed by Hong Kong, with a 4.9% share.

From April 2022 to April 2023, the average monthly growth rate of value to Canada stood at +6.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the UK (+12.5% per month) and Hong Kong (-0.4% per month).

Export Prices by Country

In April 2023, the electric sound amplifier price amounted to $392 per unit (FOB, US), picking up by 7.1% against the previous month. Overall, the export price, however, saw a slight slump. The pace of growth was the most pronounced in December 2022 an increase of 52% against the previous month. As a result, the export price reached the peak level of $552K per thousand units. From January 2023 to April 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In April 2023, the country with the highest price was Hong Kong ($2,899 per unit), while the average price for exports to Canada ($220 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electric sound amplifier market in the U.S.. 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 26404370 - Electric sound amplifier sets (including public address systems with microphone and speaker)

Country coverage:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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

U.S. - Electric Sound Amplifier Sets - Market Analysis, Forecast, Size, Trends And Insights

Electric Sound Amplifier Export in United States Increases 6% to $9.1M in April 2023

U.S. Electric Sound Amplifier Exports

Exports by Country

Export Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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