Canada - Multiple Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultiple Loudspeakers Price in Canada - 2023
Contents:
- Multiple Loudspeakers Price in Canada (CIF) - 2023
- Multiple Loudspeakers Price in Canada (FOB) - 2022
- Multiple Loudspeakers Imports in Canada
- Multiple Loudspeakers Exports in Canada
Multiple Loudspeakers Price in Canada (CIF) - 2023
In September 2023, the average multiple loudspeakers import price amounted to $103 per unit, falling by -10.4% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 35% month-to-month. As a result, import price reached the peak level of $175 per unit. From February 2023 to September 2023, the average 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 the United States ($437 per unit), while the price for Hong Kong SAR ($71.1 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 the United States (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Multiple Loudspeakers Price in Canada (FOB) - 2022
In 2022, the average multiple loudspeakers export price amounted to $232 per unit, surging by 14% against the previous year. Over the period under review, the export price enjoyed strong growth. The growth pace was the most rapid in 2018 an increase of 35% against the previous year. As a result, the export price reached the peak level of $304 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($394 per unit), while the average price for exports to the United States ($205 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 China (+17.6%), while the prices for the other major destinations experienced mixed trend patterns.
Multiple Loudspeakers Imports in Canada
In 2022, multiple loudspeakers imports into Canada rose modestly to 3.1M units, surging by 1.5% on the year before. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, multiple loudspeakers imports rose significantly to $378M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +52.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Multiple Loudspeakers in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 182 | 200 | 218 | 230 | 8.1% |
| Vietnam | 1.2 | 12.6 | 32.4 | 45.9 | 236.9% |
| Malaysia | 18.0 | 32.0 | 41.5 | 42.7 | 33.4% |
| United States | 8.3 | 5.1 | 6.6 | 12.9 | 15.8% |
| Thailand | N/A | 1.4 | 4.7 | 7.8 | 136.0% |
| Mexico | 16.0 | 11.2 | 5.2 | 7.3 | -23.0% |
| Others | 22.1 | 16.4 | 22.6 | 31.2 | 12.2% |
| Total | 247 | 279 | 331 | 378 | 15.2% |
Top Suppliers of Multiple Loudspeakers to Canada in 2022:
- China (2177.3K units)
- Vietnam (471.6K units)
- Malaysia (135.1K units)
- United States (110.8K units)
- Thailand (57.4K units)
- Mexico (41.1K units)
Multiple Loudspeakers Exports in Canada
Multiple loudspeakers exports from Canada fell slightly to 429K units in 2022, waning by -2.9% compared with the previous year. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 59% against the previous year. As a result, the exports attained the peak of 442K units, and then shrank slightly in the following year.
In value terms, multiple loudspeakers exports rose significantly to $100M in 2022. Overall, total exports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
| Export of Multiple Loudspeakers in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 65.0 | 47.1 | 70.0 | 78.0 | 6.3% |
| China | 9.6 | 5.0 | 5.6 | 3.5 | -28.6% |
| Netherlands | 2.6 | 1.1 | 2.4 | 2.1 | -6.9% |
| Others | 18.7 | 11.5 | 11.7 | 16.0 | -5.1% |
| Total | 95.8 | 64.7 | 89.7 | 99.6 | 1.3% |
Top Export Markets for Multiple Loudspeakers from Canada in 2022:
- United States (380.9K units)
- China (8.9K units)
- Netherlands (8.7K units)
This report provides an in-depth analysis of the multiple loudspeakers market in Canada. 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 26404237 - Multiple loudspeakers mounted in the same enclosure (including frames or cabinets mainly designed for mounting loudspeakers)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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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The price of Multiple Loudspeakers in June 2023 was $145 per unit (CIF, Canada), representing a 17% increase compared to the previous month.
133
In September 2023, loudspeaker imports reached their highest level, reaching a value of $63 million. This represents a significant expansion in the import market.
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