China - Loudspeakers (Not In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Enclosed Loudspeakers Price in China - 2023
Contents:
- Non-Enclosed Loudspeakers Price in China (FOB) - 2022
- Non-Enclosed Loudspeakers Price in China (CIF) - 2023
- Non-Enclosed Loudspeakers Exports in China
- Non-Enclosed Loudspeakers Imports in China
Non-Enclosed Loudspeakers Price in China (FOB) - 2022
In 2022, the average non-enclosed loudspeakers export price amounted to $1.9 per unit, growing by 25% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-enclosed loudspeakers export price increased by +73.5% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5.6 per unit), while the average price for exports to Brazil ($0.7 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 Indonesia (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Enclosed Loudspeakers Price in China (CIF) - 2023
In June 2023, the average non-enclosed loudspeakers import price amounted to $1.2 per unit, shrinking by -9% against the previous month. Over the period under review, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in December 2022 an increase of 86% against the previous month. As a result, import price attained the peak level of $1.8 per unit. From January 2023 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Indonesia ($5.2 per unit), while the price for Ireland ($688 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+26.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Enclosed Loudspeakers Exports in China
After three years of growth, shipments abroad of loudspeakers (not in enclosure) decreased by -18.7% to 1.6B units in 2022. Over the period under review, exports showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 4.5%. As a result, the exports reached the peak of 1.9B units, and then contracted significantly in the following year.
In value terms, non-enclosed loudspeakers exports reached $3B in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +51.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 22%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Non-Enclosed Loudspeakers in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 330 | 437 | 459 | 522 | 16.5% |
| United States | 330 | 352 | 445 | 407 | 7.2% |
| Japan | 127 | 151 | 200 | 189 | 14.2% |
| India | 55.5 | 45.2 | 101 | 171 | 45.5% |
| South Korea | 108 | 106 | 108 | 125 | 5.0% |
| Thailand | 27.6 | 52.7 | 80.1 | 113 | 60.0% |
| Mexico | 68.9 | 71.4 | 92.7 | 103 | 14.3% |
| Indonesia | 36.8 | 38.3 | 55.1 | 72.8 | 25.5% |
| Malaysia | 31.1 | 41.8 | 52.0 | 68.3 | 30.0% |
| Germany | 74.1 | 66.5 | 84.9 | 66.0 | -3.8% |
| Belgium | 31.0 | 25.2 | 31.0 | 39.9 | 8.8% |
| Brazil | 24.7 | 21.2 | 30.4 | 28.4 | 4.8% |
| Hong Kong SAR | 353 | N/A | N/A | N/A | 0% |
| Others | 395 | 1,030 | 1,241 | 1,118 | 41.5% |
| Total | 1,992 | 2,438 | 2,982 | 3,022 | 14.9% |
Top Export Markets for Non-Enclosed Loudspeakers from China in 2022:
- Vietnam (605.6M units)
- India (160.1M units)
- United States (72.8M units)
- Japan (47.2M units)
- Brazil (40.3M units)
- Mexico (40.0M units)
- South Korea (39.9M units)
- Thailand (36.6M units)
- Malaysia (33.7M units)
- Germany (32.3M units)
- Indonesia (29.4M units)
- Belgium (21.2M units)
Non-Enclosed Loudspeakers Imports in China
In 2022, non-enclosed loudspeakers imports into China soared to 363M units, increasing by 25% compared with the previous year. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +5.4% 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 +59.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, non-enclosed loudspeakers imports amounted to $458M in 2022. The total import value increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Non-Enclosed Loudspeakers in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 230 | 174 | 149 | 192 | -5.8% |
| Philippines | 8.1 | 4.8 | 6.7 | 7.4 | -3.0% |
| Others | 112 | 211 | 249 | 258 | 32.1% |
| Total | 351 | 389 | 404 | 458 | 9.3% |
Top Suppliers of Non-Enclosed Loudspeakers to China in 2022:
- Vietnam (228.6M units)
- Philippines (4.0M units)
This report provides an in-depth analysis of the non-enclosed loudspeakers market in China. 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 26404239 - Loudspeakers (including speaker drive units, frames or cabinets mainly designed for mounting loudspeakers) (excluding those mounted in their enclosures)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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