Australia - Radio Receivers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRadio Receiver Price in Australia - 2023
Contents:
- Radio Receiver Price in Australia (CIF) - 2023
- Radio Receiver Price in Australia (FOB) - 2022
- Radio Receiver Imports in Australia
- Radio Receiver Exports in Australia
Radio Receiver Price in Australia (CIF) - 2023
In September 2023, the average radio receiver import price amounted to $36.3 per unit, declining by -20.9% against the previous month. In general, the import price saw a noticeable decline. The growth pace was the most rapid in April 2023 when the average import price increased by 66% against the previous month. Over the period under review, average import prices hit record highs at $72.7 per unit in May 2023; however, from June 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 Thailand ($226 per unit), while the price for China ($23.0 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 Taiwan (Chinese) (+3.1%), while the prices for the other major suppliers experienced a decline.
Radio Receiver Price in Australia (FOB) - 2022
In 2022, the average radio receiver export price amounted to $182 per unit, standing approx. at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2013 an increase of 49%. The export price peaked at $216 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($450 per unit), while the average price for exports to South Africa ($73 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 Hong Kong SAR (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.
Radio Receiver Imports in Australia
Radio receiver imports into Australia amounted to 1.9M units in 2022, remaining stable against the previous year's figure. The total import volume increased at an average annual rate of +1.1% over the period 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 2020 with an increase of 11% against the previous year. As a result, imports reached the peak of 2M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, radio receiver imports expanded remarkably to $97M in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Radio Receiver in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 36.0 | 40.4 | 42.9 | 41.8 | 5.1% |
Thailand | 12.9 | 10.4 | 7.6 | 19.2 | 14.2% |
Malaysia | 11.7 | 9.2 | 8.5 | 11.0 | -2.0% |
Indonesia | 5.5 | 5.6 | 4.4 | 7.2 | 9.4% |
United States | 6.7 | 14.8 | 9.6 | 5.8 | -4.7% |
Taiwan (Chinese) | 2.3 | 1.8 | 4.1 | 3.6 | 16.1% |
Others | 10.7 | 7.7 | 8.3 | 8.2 | -8.5% |
Total | 85.8 | 89.9 | 85.3 | 96.8 | 4.1% |
Top Suppliers of Radio Receiver to Australia in 2022:
- China (1404.7K units)
- Indonesia (161.0K units)
- Thailand (122.7K units)
- Malaysia (87.0K units)
- Taiwan (Chinese) (29.0K units)
- United States (21.4K units)
Radio Receiver Exports in Australia
In 2022, exports of radio receivers from Australia skyrocketed to 72K units, surging by 32% against the previous year. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, radio receiver exports soared to $13M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Radio Receiver in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 2,095 | 2,294 | 3,340 | 4,273 | 26.8% |
United States | 1,344 | 1,895 | 3,398 | 3,126 | 32.5% |
Mali | N/A | N/A | N/A | 1,323 | 0% |
Indonesia | 200 | 16.2 | 56.4 | 848 | 61.9% |
Netherlands | 19.4 | 15.4 | 15.4 | 562 | 207.1% |
Papua New Guinea | 380 | 552 | 266 | 442 | 5.2% |
Hong Kong SAR | 349 | 508 | 96.7 | 263 | -9.0% |
South Africa | 20.6 | 4.1 | 22.4 | 120 | 79.9% |
United Kingdom | 571 | 203 | 61.7 | 93.4 | -45.3% |
Others | 2,699 | 3,288 | 2,683 | 2,063 | -8.6% |
Total | 7,679 | 8,777 | 9,938 | 13,114 | 19.5% |
Top Export Markets for Radio Receiver from Australia in 2022:
- New Zealand (37.2K units)
- United States (13.3K units)
- Mali (7.3K units)
- Netherlands (2.2K units)
- Indonesia (1.9K units)
- South Africa (1.7K units)
- Papua New Guinea (1.1K units)
- Hong Kong SAR (0.6K units)
- United Kingdom (0.2K units)
This report provides an in-depth analysis of the radio receiver market in Australia. 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 26401100 - Radio broadcast receivers (except for cars), capable of operating without an external source of power
- Prodcom 26401270 - Radio receivers for motor vehicles with sound recording or reproducing apparatus
- Prodcom 26401290 - Radio receivers for motor vehicles, n.e.c.
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
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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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During the review period, the import of Radio Receivers reached its peak at 227,000 units in October 2022. However, from November 2022 to September 2023, imports failed to regain momentum. In terms of value, the imports of Radio Receivers stood at $5.3 million in September 2023.
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
During the review period, the import of Radio Receivers reached its peak at 227,000 units in October 2022. However, from November 2022 to September 2023, imports failed to regain momentum. In terms of value, the imports of Radio Receivers stood at $5.3 million in September 2023.
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...