Thailand - Single Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLoudspeaker Price in Thailand - 2023
Contents:
- Loudspeaker Price in Thailand (CIF) - 2022
- Loudspeaker Price in Thailand (FOB) - 2022
- Loudspeaker Imports in Thailand
- Loudspeaker Exports in Thailand
Loudspeaker Price in Thailand (CIF) - 2022
In 2022, the average loudspeaker import price amounted to $8.5 per unit, picking up by 35% against the previous year. Overall, the import price, however, faced a abrupt slump. Over the period under review, average import prices reached the peak figure at $32 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($15 per unit), while the price for China ($7.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-7.2%), while the prices for the other major suppliers experienced a decline.
Loudspeaker Price in Thailand (FOB) - 2022
The average loudspeaker export price stood at $12 per unit in 2022, approximately reflecting the previous year. In general, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 26% against the previous year. The export price peaked at $51 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Vietnam ($36 per unit), while the average price for exports to Brazil ($2.9 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 Taiwan (Chinese) (+9.1%), while the prices for the other major destinations experienced a decline.
Loudspeaker Imports in Thailand
After three years of growth, overseas purchases of single loudspeakers (in enclosure) decreased by -27% to 3.4M units in 2022. In general, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 69%. Over the period under review, imports hit record highs at 4.6M units in 2021, and then contracted rapidly in the following year.
In value terms, loudspeaker imports dropped modestly to $28M in 2022. The total import value increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of $29M, and then contracted modestly in the following year.
| Import of Loudspeaker in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.1 | 16.1 | 23.9 | 22.6 | 7.7% |
| Vietnam | N/A | N/A | 0.1 | 1.4 | 1300.0% |
| Indonesia | 2.4 | 1.2 | 1.0 | 1.3 | -18.5% |
| Others | 3.1 | 2.4 | 3.8 | 3.1 | 0.0% |
| Total | 23.6 | 19.8 | 28.8 | 28.3 | 6.2% |
Top Suppliers of Loudspeaker to Thailand in 2022:
- China (3074.9K units)
- Indonesia (112.8K units)
- Vietnam (91.5K units)
Loudspeaker Exports in Thailand
In 2022, approx. 231K units of single loudspeakers (in enclosure) were exported from Thailand; picking up by 132% against 2021 figures. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, loudspeaker exports soared to $2.9M in 2022. In general, exports continue to indicate a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Loudspeaker in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 15.2 | 16.8 | 9.4 | 876 | 286.3% |
| Myanmar | 50.6 | 175 | 430 | 515 | 116.7% |
| India | 656 | 30.8 | 189 | 280 | -24.7% |
| Hong Kong SAR | 67.0 | 55.7 | 48.6 | 199 | 43.7% |
| United States | 47.8 | 185 | 90.9 | 137 | 42.0% |
| Vietnam | 109 | 6.9 | 20.7 | 134 | 7.1% |
| Italy | 0.1 | 1.5 | 0.5 | 99.8 | 899.3% |
| Singapore | 9.3 | 12.5 | 36.9 | 68.6 | 94.7% |
| United Kingdom | 2.4 | 54.7 | 101 | 68.4 | 205.5% |
| Lao People's Democratic Republic | 551 | 113 | 38.0 | 60.4 | -52.1% |
| Malaysia | 44.9 | 20.5 | 13.8 | 56.5 | 8.0% |
| Taiwan (Chinese) | 65.9 | 1.5 | 1.0 | 27.4 | -25.4% |
| Others | 290 | 213 | 269 | 359 | 7.4% |
| Total | 1,910 | 887 | 1,248 | 2,881 | 14.7% |
Top Export Markets for Loudspeaker from Thailand in 2022:
- Myanmar (70.5K units)
- Hong Kong SAR (42.8K units)
- Cambodia (30.8K units)
- India (16.1K units)
- United States (14.0K units)
- Singapore (8.9K units)
- Malaysia (8.7K units)
- Taiwan (Chinese) (5.8K units)
- Italy (4.9K units)
- United Kingdom (4.1K units)
- Vietnam (3.7K units)
- Lao People's Democratic Republic (2.1K units)
This report provides an in-depth analysis of the loudspeaker 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 26404235 - Single loudspeakers mounted in their enclosures (including frames or cabinets mainly designed for mounting loudspeakers)
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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