U.S. - Multiple Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultiple Loudspeakers Price in the United States - 2023
Contents:
- Multiple Loudspeakers Price in the United States (CIF) - 2023
- Multiple Loudspeakers Price in the United States (FOB) - 2023
- Multiple Loudspeakers Imports in the United States
- Multiple Loudspeakers Exports in the United States
Multiple Loudspeakers Price in the United States (CIF) - 2023
The average multiple loudspeakers import price stood at $63.3 per unit in October 2023, declining by -6.6% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 21% against the previous month. The import price peaked at $84.1 per unit in March 2023; however, from April 2023 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Malaysia ($174 per unit), while the price for China ($43.0 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Multiple Loudspeakers Price in the United States (FOB) - 2023
In October 2023, the average multiple loudspeakers export price amounted to $230 per unit, increasing by 8.6% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 17% month-to-month. Over the period under review, the average export prices attained the peak figure in October 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($295 per unit), while the average price for exports to the Netherlands ($134 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Multiple Loudspeakers Imports in the United States
In 2022, the amount of multiple loudspeakers (in enclosure) imported into the United States expanded slightly to 45M units, surging by 4.6% compared with the previous year. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, multiple loudspeakers imports surged to $2.9B in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 42% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Multiple Loudspeakers in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 958 | 1,234 | 1,060 | 1,230 | 8.7% |
| Vietnam | 28.3 | 284 | 688 | 852 | 211.1% |
| Malaysia | 30.1 | 122 | 203 | 348 | 126.1% |
| Thailand | 0.8 | 22.2 | 67.0 | 127 | 441.5% |
| Mexico | 120 | 82.9 | 82.9 | 87.9 | -9.9% |
| Others | 164 | 108 | 162 | 263 | 17.0% |
| Total | 1,301 | 1,853 | 2,264 | 2,909 | 30.8% |
Top Suppliers of Multiple Loudspeakers to the United States in 2022:
- China (21.4M units)
- Vietnam (17.9M units)
- Malaysia (2.3M units)
- Thailand (1.7M units)
- Mexico (0.7M units)
Multiple Loudspeakers Exports in the United States
In 2022, approx. 2.6M units of multiple loudspeakers (in enclosure) were exported from the United States; increasing by 11% on the year before. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, multiple loudspeakers exports skyrocketed to $500M in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Multiple Loudspeakers in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 164 | 184 | 194 | 241 | 13.7% |
| Mexico | 42.0 | 44.2 | 54.8 | 68.2 | 17.5% |
| China | 15.9 | 13.4 | 16.2 | 21.2 | 10.1% |
| Germany | 12.4 | 5.4 | 6.0 | 14.1 | 4.4% |
| Colombia | 7.9 | 9.8 | 8.0 | 12.4 | 16.2% |
| Hong Kong SAR | 16.0 | 17.1 | 8.7 | 8.5 | -19.0% |
| Argentina | 6.3 | 1.9 | 3.7 | 8.1 | 8.7% |
| South Korea | 10.8 | 7.9 | 9.1 | 7.9 | -9.9% |
| India | 5.7 | 2.8 | 2.9 | 7.7 | 10.5% |
| Japan | 15.2 | 8.0 | 4.6 | 6.8 | -23.5% |
| Others | 130 | 84.4 | 90.8 | 105 | -6.9% |
| Total | 426 | 379 | 399 | 500 | 5.5% |
Top Export Markets for Multiple Loudspeakers from the United States in 2022:
- Canada (1210.3K units)
- Mexico (460.8K units)
- China (91.1K units)
- Germany (69.7K units)
- Argentina (69.4K units)
- Colombia (44.8K units)
- India (40.4K units)
- South Korea (36.9K units)
- Hong Kong SAR (33.0K units)
- Japan (29.8K units)
This report provides an in-depth analysis of the multiple loudspeakers market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
-
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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