India - Multiple Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultiple Loudspeakers Price in India - 2023
Contents:
- Multiple Loudspeakers Price in India (CIF) - 2023
- Multiple Loudspeakers Price in India (FOB) - 2023
- Multiple Loudspeakers Imports in India
- Multiple Loudspeakers Exports in India
Multiple Loudspeakers Price in India (CIF) - 2023
In September 2023, the average multiple loudspeakers import price amounted to $71.8 per unit, stabilizing at the previous month. Overall, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in February 2023 an increase of 201% against the previous month. Over the period under review, average import prices hit record highs at $122 per unit in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($98.6 per unit), while the price for China ($61.8 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 Hong Kong SAR (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Multiple Loudspeakers Price in India (FOB) - 2023
The average multiple loudspeakers export price stood at $292 per unit in September 2023, remaining relatively unchanged against the previous month. Overall, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in February 2023 an increase of 3,429% m-o-m. The export price peaked at $292 per unit in July 2023; afterwards, it flattened through to September 2023.
Average prices varied noticeably for the major overseas markets. In September 2023, the countries with the highest prices were France ($292 per unit) and Australia ($292 per unit), while the average price for exports to South Korea ($292 per unit) and Mexico ($292 per unit) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.
Multiple Loudspeakers Imports in India
In 2022, approx. 13M units of multiple loudspeakers (in enclosure) were imported into India; rising by 99% against the previous year. Over the period under review, imports recorded buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, multiple loudspeakers imports surged to $237M in 2022. Overall, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Multiple Loudspeakers in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 110 | 77.4 | 101 | 163 | 14.0% |
| Vietnam | 0.1 | 1.3 | 9.3 | 30.3 | 571.7% |
| Malaysia | 33.9 | 18.7 | 15.5 | 10.3 | -32.8% |
| Hong Kong SAR | 6.4 | 2.6 | 3.4 | 5.6 | -4.4% |
| Others | 28.3 | 14.9 | 20.1 | 27.0 | -1.6% |
| Total | 179 | 115 | 149 | 237 | 9.8% |
Top Suppliers of Multiple Loudspeakers to India in 2022:
- China (10.8M units)
- Vietnam (1.5M units)
- Hong Kong SAR (0.2M units)
- Malaysia (0.1M units)
Multiple Loudspeakers Exports in India
Multiple loudspeakers exports from India shrank to 141K units in 2022, falling by -10.4% against 2021. In general, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. Over the period under review, the exports attained the peak figure at 399K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, multiple loudspeakers exports expanded significantly to $7.1M in 2022. Overall, exports saw a precipitous decline. The growth pace was the most rapid in 2021 when exports increased by 82% against the previous year. Over the period under review, the exports reached the maximum at $15M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Multiple Loudspeakers in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,054 | 524 | 546 | 1,479 | 12.0% |
| United States | 822 | 732 | 616 | 1,285 | 16.1% |
| China | 334 | 171 | 294 | 532 | 16.8% |
| Germany | 6.4 | 0.1 | 126 | 448 | 312.1% |
| Malaysia | 138 | 3.9 | 509 | 403 | 42.9% |
| Bangladesh | 160 | 84.7 | 471 | 214 | 10.2% |
| Sri Lanka | 1,395 | 282 | 650 | 179 | -49.6% |
| Nigeria | 1,401 | 76.7 | 91.4 | 109 | -57.3% |
| Nepal | 526 | 32.6 | 79.4 | 107 | -41.2% |
| Bhutan | 33.3 | 48.2 | 140 | 105 | 46.6% |
| Djibouti | N/A | N/A | 111 | 46.1 | -58.5% |
| Iraq | 115 | 42.0 | 62.1 | 37.2 | -31.4% |
| Egypt | 614 | 30.5 | 55.0 | 34.5 | -61.7% |
| Others | 7,978 | 1,614 | 2,868 | 2,087 | -36.0% |
| Total | 14,576 | 3,642 | 6,619 | 7,064 | -21.5% |
Top Export Markets for Multiple Loudspeakers from India in 2022:
- United Arab Emirates (24.3K units)
- China (21.0K units)
- United States (18.3K units)
- Bangladesh (12.5K units)
- Malaysia (6.5K units)
- Nepal (6.1K units)
- Germany (6.1K units)
- Nigeria (5.2K units)
- Sri Lanka (4.0K units)
- Egypt (3.4K units)
- Bhutan (3.3K units)
- Iraq (3.0K units)
- Djibouti (2.7K units)
This report provides an in-depth analysis of the multiple loudspeakers market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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.
-
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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