Myanmar - Loudspeakers (Not In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Myanmar - Loudspeakers (Not In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights

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Non-Enclosed Loudspeakers Price in Myanmar - 2022

Contents:

  1. Non-Enclosed Loudspeakers Price in Myanmar (FOB) - 2022
  2. Non-Enclosed Loudspeakers Price in Myanmar (CIF) - 2022
  3. Non-Enclosed Loudspeakers Exports in Myanmar
  4. Non-Enclosed Loudspeakers Imports in Myanmar

Non-Enclosed Loudspeakers Price in Myanmar (FOB) - 2022

The average non-enclosed loudspeakers export price stood at $1.8 per unit in December 2022, surging by 6.9% against the previous month. Over the period under review, the export price, however, saw a noticeable reduction. The growth pace was the most rapid in May 2022 an increase of 38% against the previous month. As a result, the export price reached the peak level of $2.6 per unit. From June 2022 to December 2022, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In December 2022, the country with the highest price was Japan ($2.0 per unit), while the average price for exports to Germany stood at $1.3 per unit.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.4%), while the prices for the other major destinations experienced a decline.

Non-Enclosed Loudspeakers Price in Myanmar (CIF) - 2022

In 2022, the average non-enclosed loudspeakers import price amounted to $2.4 per unit, growing by 3.2% against the previous year. In general, the import price, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in 2014 an increase of 87%. As a result, import price attained the peak level of $19 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($6.1 per unit), while the price for India ($1.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+38.5%), while the prices for the other major suppliers experienced a decline.

Non-Enclosed Loudspeakers Exports in Myanmar

In 2022, overseas shipments of loudspeakers (not in enclosure) were finally on the rise to reach 1.5M units for the first time since 2019, thus ending a two-year declining trend. 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, non-enclosed loudspeakers exports totaled $13M in 2022. Overall, exports, however, saw a deep reduction. The exports peaked at $25M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Non-Enclosed Loudspeakers in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan17.110.58.610.5-15.0%
GermanyN/AN/A1.12.4118.2%
United States2.82.01.20.5-43.7%
Singapore2.50.70.30.1-65.8%
Mexico1.30.70.6N/A-32.1%
Others1.60.6N/AN/A-62.5%
Total25.314.511.813.5-18.9%

Top Export Markets for Non-Enclosed Loudspeakers from Myanmar in 2022:

  1. Germany (1027.3K units)
  2. Japan (234.0K units)
  3. United States (198.0K units)
  4. Singapore (38.3K units)

Non-Enclosed Loudspeakers Imports in Myanmar

In 2022, supplies from abroad of loudspeakers (not in enclosure) decreased by -15.1% to 290K units, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +4.0% over the period 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 2020 with an increase of 35%. As a result, imports reached the peak of 348K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, non-enclosed loudspeakers imports fell to $685K in 2022. Over the period under review, imports recorded a deep downturn. The smallest decline of -5.2% was in 2021. Over the period under review, imports hit record highs at $1.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Non-Enclosed Loudspeakers in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China675583616593-4.2%
Thailand82.717.118.252.3-14.2%
India19411410426.2-48.7%
Others26711143.713.0-63.5%
Total1,219825782685-17.5%

Top Suppliers of Non-Enclosed Loudspeakers to Myanmar in 2022:

  1. China (261.7K units)
  2. India (18.3K units)
  3. Thailand (8.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-enclosed loudspeakers market in Myanmar. 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:

  • Myanmar

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Myanmar
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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