Indonesia: Electric Sound Amplifier Market 2024

Electric Sound Amplifier Market Size in Indonesia

In 2022, the Indonesian electric sound amplifier market decreased by -2.8% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 8.6% against the previous year. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Electric Sound Amplifier Production in Indonesia

In value terms, electric sound amplifier production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible reduction. The pace of growth appeared the most rapid in 2015 with an increase of 6.9%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Electric Sound Amplifier Exports

Exports from Indonesia

In 2022, electric sound amplifier exports from Indonesia reduced to X units, which is down by -3% compared with the previous year. Over the period under review, exports recorded a mild setback. The growth pace was the most rapid in 2015 when exports increased by 53% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, electric sound amplifier exports shrank dramatically to $X in 2022. In general, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2015 with an increase of 29%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Thailand (X units), Italy (X units) and the United States (X units) were the main destinations of electric sound amplifier exports from Indonesia, with a combined 33% share of total exports. Malaysia, Mexico, South Korea, the United Arab Emirates, Vietnam, Australia, Canada, Japan, France and Germany lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +51.8%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) emerged as the key foreign market for electric sound amplifier sets exports from Indonesia, comprising 17% of total exports. The second position in the ranking was held by the United States ($X), with a 7.6% share of total exports. It was followed by Malaysia, with a 5.2% share.

From 2012 to 2022, the average annual growth rate of value to Italy totaled +51.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-13.2% per year) and Malaysia (-18.3% per year).

Export Prices by Country

The average electric sound amplifier export price stood at $X per unit in 2022, waning by -17.9% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2018 an increase of 9%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Mexico ($X 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 Italy (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Sound Amplifier Imports

Imports into Indonesia

In 2022, overseas purchases of electric sound amplifier sets decreased by -15.6% to X units for the first time since 2011, thus ending a ten-year rising trend. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 192% against the previous year. Imports peaked at X units in 2021, and then fell rapidly in the following year.

In value terms, electric sound amplifier imports dropped slightly to $X in 2022. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2018 when imports increased by 154%. Over the period under review, imports hit record highs at $X in 2021, and then shrank slightly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest electric sound amplifier supplier to Indonesia, accounting for a 79% share of total imports. Moreover, electric sound amplifier imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X units), eightfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at +48.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+37.1% per year) and Malaysia (+50.7% per year).

In value terms, China ($X) constituted the largest supplier of electric sound amplifier sets to Indonesia, comprising 65% of total imports. The second position in the ranking was taken by Singapore ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +46.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+61.8% per year) and Malaysia (+41.4% per year).

Import Prices by Country

The average electric sound amplifier import price stood at $X per unit in 2022, rising by 17% against the previous year. Over the period under review, the import price, however, showed a slight reduction. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Singapore ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+18.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :