Mexico - Electric Sound Amplifier Sets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Sound Amplifier Price in Mexico - 2023
Contents:
- Electric Sound Amplifier Price in Mexico (FOB) - 2023
- Electric Sound Amplifier Price in Mexico (CIF) - 2022
- Electric Sound Amplifier Exports in Mexico
- Electric Sound Amplifier Imports in Mexico
Electric Sound Amplifier Price in Mexico (FOB) - 2023
The average electric sound amplifier export price stood at $297 per unit in August 2023, shrinking by -6.8% against the previous month. Over the period under review, the export price, however, showed a buoyant expansion. The pace of growth was the most pronounced in September 2022 when the average export price increased by 294% m-o-m. As a result, the export price attained the peak level of $332 per unit. From October 2022 to August 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to +11.1% per month.
Electric Sound Amplifier Price in Mexico (CIF) - 2022
The average electric sound amplifier import price stood at $68 per unit in 2022, with an increase of 9% against the previous year. Over the period under review, the import price showed prominent growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 92%. Over the period under review, average import prices hit record highs at $195 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($202 per unit), while the price for China totaled $59 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Sound Amplifier Exports in Mexico
Electric sound amplifier exports from Mexico surged to 109K units in 2022, with an increase of 93% against the year before. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electric sound amplifier exports surged to $20M in 2022. The total export value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable 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 Electric Sound Amplifier in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.9 | 15.2 | 16.2 | 19.6 | 7.2% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 16.2 | 15.3 | 16.3 | 19.6 | 6.6% |
Top Export Markets for Electric Sound Amplifier from Mexico in 2022:
- United States (108.6K units)
Electric Sound Amplifier Imports in Mexico
In 2022, the amount of electric sound amplifier sets imported into Mexico fell rapidly to 88K units, waning by -25.3% against 2021. Overall, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 162%. As a result, imports attained the peak of 118K units, and then dropped notably in the following year.
In value terms, electric sound amplifier imports declined significantly to $6M in 2022. Over the period under review, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 3.7%. Over the period under review, imports hit record highs at $10M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Electric Sound Amplifier in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 2.8 | 5.4 | 4.9 | 17.8% |
| United States | 4.4 | 2.6 | 1.5 | 0.9 | -41.1% |
| Germany | 1.1 | 0.8 | 0.5 | N/A | -32.6% |
| Others | 1.7 | 0.8 | N/A | 0.1 | -61.1% |
| Total | 10.2 | 7.1 | 7.3 | 6.0 | -16.2% |
Top Suppliers of Electric Sound Amplifier to Mexico in 2022:
- China (83.2K units)
- United States (4.3K units)
- Germany (0.1K units)
This report provides an in-depth analysis of the electric sound amplifier market in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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
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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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This report provides an in-depth analysis of the electric sound amplifier market in Mexico.
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During the review period, Amplifier exports reached record highs in 2023 and are expected to continue growing steadily in the near future. In terms of value, Amplifier exports soared to $711M in 2023.
196
The price of the Loudspeaker in June 2023 was $11.3 per unit (FOB, Mexico), showing a decrease of -3.6% compared to the previous month.
197
The price of Multiple Loudspeakers in June 2023 reached $24.1 per unit (CIF, Mexico), representing a 19% increase compared to the previous month.
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From December 2022 to October 2023, the Loudspeaker exports experienced a slowdown in growth, but in October 2023, they surged to $37M in value.
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In January 2023, the loudspeaker price stood at $24.8 per unit (FOB, Mexico), which is down by -7.4% against the previous month.
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In 2016, the amount of amplifier imported worldwide amounted to X tons, approximately mirroring the previous year level. In general, amplifier imports continue to indicate a deep contraction. The...
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