Australia - Single Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLoudspeaker Price in Australia - 2023
Contents:
- Loudspeaker Price in Australia (CIF) - 2022
- Loudspeaker Price in Australia (FOB) - 2022
- Loudspeaker Imports in Australia
- Loudspeaker Exports in Australia
Loudspeaker Price in Australia (CIF) - 2022
In 2022, the average loudspeaker import price amounted to $33 per unit, rising by 9.4% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, loudspeaker import price increased by +25.7% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 47%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($96 per unit), while the price for Hong Kong SAR ($20 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Loudspeaker Price in Australia (FOB) - 2022
In 2022, the average loudspeaker export price amounted to $140 per unit, picking up by 54% against the previous year. Overall, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 62%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($201 per unit), while the average price for exports to the UK ($32 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 New Zealand (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.
Loudspeaker Imports in Australia
In 2022, loudspeaker imports into Australia was estimated at 2.7M units, increasing by 13% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, loudspeaker imports soared to $88M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +55.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Loudspeaker in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 39.4 | 40.4 | 50.2 | 60.7 | 15.5% |
| Mexico | 7.5 | 4.7 | 4.8 | 5.3 | -10.9% |
| Vietnam | 3.3 | 2.4 | 2.2 | 3.2 | -1.0% |
| Thailand | N/A | N/A | N/A | 2.9 | 0% |
| Taiwan (Chinese) | 0.9 | 0.7 | 1.4 | 1.6 | 21.1% |
| Others | 9.6 | 8.3 | 12.3 | 14.0 | 13.4% |
| Total | 60.7 | 56.4 | 70.9 | 87.6 | 13.0% |
Top Suppliers of Loudspeaker to Australia in 2022:
- China (2262.5K units)
- Taiwan (Chinese) (63.4K units)
- Mexico (55.2K units)
- Thailand (50.7K units)
- Vietnam (50.1K units)
Loudspeaker Exports in Australia
In 2022, approx. 53K units of single loudspeakers (in enclosure) were exported from Australia; growing by 40% compared with the previous year. Over the period under review, exports, however, recorded a abrupt slump. The exports peaked at 64K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, loudspeaker exports skyrocketed to $7.5M in 2022. In general, exports continue to indicate resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Loudspeaker in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 2,676 | 1,971 | 2,121 | 5,214 | 24.9% |
| Singapore | 39.8 | 19.3 | 175 | 445 | 123.6% |
| Hong Kong SAR | 138 | 189 | 493 | 290 | 28.1% |
| United States | 349 | 311 | 122 | 177 | -20.3% |
| Papua New Guinea | 64.8 | 68.4 | 75.3 | 159 | 34.9% |
| Thailand | 13.8 | 77.6 | 88.2 | 118 | 104.5% |
| United Kingdom | 134 | 42.8 | 14.7 | 103 | -8.4% |
| Germany | 396 | 0.5 | N/A | N/A | -99.9% |
| Others | 1,119 | 916 | 368 | 963 | -4.9% |
| Total | 4,931 | 3,596 | 3,456 | 7,469 | 14.8% |
Top Export Markets for Loudspeaker from Australia in 2022:
- New Zealand (31.8K units)
- Hong Kong SAR (4.5K units)
- Papua New Guinea (3.8K units)
- United Kingdom (3.2K units)
- Singapore (2.2K units)
- United States (1.7K units)
- Thailand (1.5K units)
This report provides an in-depth analysis of the loudspeaker market in Australia. 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 26404235 - Single loudspeakers mounted in their enclosures (including frames or cabinets mainly designed for mounting loudspeakers)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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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