Thailand - Electric Sound Amplifier Sets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Sound Amplifier Price in Thailand - 2023
Contents:
- Electric Sound Amplifier Price in Thailand (CIF) - 2023
- Electric Sound Amplifier Price in Thailand (FOB) - 2022
- Electric Sound Amplifier Imports in Thailand
- Electric Sound Amplifier Exports in Thailand
Electric Sound Amplifier Price in Thailand (CIF) - 2023
The average electric sound amplifier import price stood at $31.4 per unit in September 2023, declining by -21.6% against the previous month. Overall, the import price continues to indicate a abrupt slump. The growth pace was the most rapid in August 2023 an increase of 189% against the previous month. Over the period under review, average import prices reached the maximum at $88.0 per unit in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Mexico ($158 per unit), while the price for China ($7.3 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 Hungary (+0.5%), while the prices for the other major suppliers experienced a decline.
Electric Sound Amplifier Price in Thailand (FOB) - 2022
In 2022, the average electric sound amplifier export price amounted to $95 per unit, with a decrease of -20.4% against the previous year. Overall, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2015 an increase of 25% against the previous year. As a result, the export price reached the peak level of $470 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($803 per unit), while the average price for exports to Myanmar ($39 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 Lao People's Democratic Republic (+9.4%), while the prices for the other major destinations experienced mixed trend patterns.
Electric Sound Amplifier Imports in Thailand
After three years of growth, supplies from abroad of electric sound amplifier sets decreased by -42.5% to 417K units in 2022. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. Over the period under review, imports reached the maximum at 725K units in 2021, and then dropped dramatically in the following year.
In value terms, electric sound amplifier imports declined rapidly to $20M in 2022. Overall, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 15%. As a result, imports attained the peak of $27M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Electric Sound Amplifier in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.9 | 9.6 | 8.9 | 7.1 | -13.3% |
| Hungary | 1.4 | 0.2 | 5.3 | 2.3 | 18.0% |
| Japan | 0.8 | 1.0 | 1.5 | 1.4 | 20.5% |
| Indonesia | 1.3 | 1.0 | 0.8 | 1.2 | -2.6% |
| Germany | 1.6 | 7.6 | 2.9 | 0.8 | -20.6% |
| Others | 7.4 | 7.4 | 7.2 | 7.0 | -1.8% |
| Total | 23.4 | 26.8 | 26.7 | 19.8 | -5.4% |
Top Suppliers of Electric Sound Amplifier to Thailand in 2022:
- China (336.4K units)
- Hungary (19.2K units)
- Japan (17.1K units)
- Indonesia (10.7K units)
- Germany (9.0K units)
Electric Sound Amplifier Exports in Thailand
For the fourth year in a row, Thailand recorded growth in shipments abroad of electric sound amplifier sets, which increased by 72% to 219K units in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 215%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, electric sound amplifier exports soared to $21M in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 166% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Electric Sound Amplifier in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.5 | 0.5 | 2.3 | 10.2 | 173.2% |
| Argentina | N/A | 2.4 | 8.2 | 2.7 | 6.1% |
| Belgium | 0.1 | N/A | 0.1 | 1.8 | 162.1% |
| India | 0.1 | 0.2 | 1.0 | 1.0 | 115.4% |
| Myanmar | 0.1 | 0.3 | 0.6 | 0.8 | 100.0% |
| Netherlands | 0.6 | 0.1 | N/A | 0.2 | -30.7% |
| Others | 1.0 | 2.3 | 3.0 | 4.2 | 61.3% |
| Total | 2.4 | 5.7 | 15.3 | 20.9 | 105.7% |
Top Export Markets for Electric Sound Amplifier from Thailand in 2022:
- United States (145.7K units)
- Myanmar (20.2K units)
- Argentina (17.1K units)
- Belgium (9.6K units)
- India (6.3K units)
- Netherlands (3.4K units)
This report provides an in-depth analysis of the electric sound amplifier market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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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During the review period, the import of Electric Sound Amplifiers peaked in May 2023, reaching a maximum of 195K units. However, from June 2023 to September 2023, imports remained at a lower level. In terms of value, the imports of Electric Sound Amplifiers experienced a significant increase, reaching $2.9M in September 2023.
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