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Canada - Single Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSingle Loudspeaker Price in Canada - 2024
Contents:
- Single Loudspeaker Price in Canada (CIF) - 2024
- Single Loudspeaker Price in Canada (FOB) - 2024
- Single Loudspeaker Imports in Canada
- Single Loudspeaker Exports in Canada
Single Loudspeaker Price in Canada (CIF) - 2024
In March 2024, the average single loudspeaker import price amounted to $31.8 per unit, with an increase of 6.8% against the previous month. Overall, the import price, however, continues to indicate a noticeable decline. The growth pace was the most rapid in February 2024 an increase of 39% against the previous month. The import price peaked at $42.3 per unit in March 2023; however, from April 2023 to March 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Thailand ($103 per unit), while the price for China ($24.8 per unit) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Thailand (+2.1%), while the prices for the other major suppliers experienced a decline.
Single Loudspeaker Price in Canada (FOB) - 2024
In March 2024, the average single loudspeaker export price amounted to $68.1 per unit, reducing by -33.9% against the previous month. In general, the export price showed a pronounced shrinkage. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 129% against the previous month. Over the period under review, the average export prices reached the maximum at $127 per unit in January 2024; however, from February 2024 to March 2024, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In March 2024, the country with the highest price was the UK ($75.3 per unit), while the average price for exports to the United States stood at $65.6 per unit.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-0.5%).
Single Loudspeaker Imports in Canada
In 2022, approx. 4M units of single loudspeakers (in enclosure) were imported into Canada; increasing by 5.2% compared with the year before. In general, imports, however, continue to indicate a abrupt contraction. Imports peaked at 5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, single loudspeaker imports expanded sharply to $127M in 2022. Overall, imports, however, saw a pronounced curtailment. Imports peaked at $143M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Single Loudspeaker in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 90.6 | 59.0 | 63.5 | 56.9 | -14.4% |
United States | 13.2 | 12.2 | 16.3 | 31.4 | 33.5% |
Mexico | 26.5 | 18.6 | 14.7 | 17.7 | -12.6% |
Thailand | N/A | N/A | 2.5 | 6.0 | 140.0% |
Vietnam | 2.2 | 3.3 | 5.0 | 3.1 | 12.1% |
India | 0.6 | 0.3 | 0.3 | 0.6 | 0.0% |
Others | 9.7 | 6.7 | 8.1 | 11.0 | 4.3% |
Total | 143 | 100 | 110 | 127 | -3.9% |
Top Suppliers of Single Loudspeaker to Canada in 2022:
- China (2577.3K units)
- United States (739.3K units)
- Mexico (254.7K units)
- India (111.1K units)
- Vietnam (110.4K units)
- Thailand (71.8K units)
Single Loudspeaker Exports in Canada
In 2022, approx. 280K units of single loudspeakers (in enclosure) were exported from Canada; growing by 6.7% against 2021. The total export volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 34% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, single loudspeaker exports totaled $26M in 2022. The total export value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.
Export of Single Loudspeaker in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 19.1 | 13.9 | 19.4 | 22.2 | 5.1% |
Belgium | 0.3 | 0.3 | 0.5 | 0.8 | 38.7% |
Australia | 0.2 | 0.1 | 0.4 | 0.3 | 14.5% |
Mexico | 0.2 | 0.4 | 0.1 | N/A | -29.3% |
Others | 1.9 | 2.3 | 2.9 | 2.3 | 6.6% |
Total | 21.7 | 17.1 | 23.3 | 25.7 | 5.8% |
Top Export Markets for Single Loudspeaker from Canada in 2022:
- United States (251.6K units)
- Belgium (8.7K units)
- Australia (4.9K units)
- Mexico (0.4K units)
This report provides an in-depth analysis of the loudspeaker market in Canada. 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 26404235 - Single loudspeakers mounted in their enclosures (including frames or cabinets mainly designed for mounting loudspeakers)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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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During the review period, imports of Loudspeakers peaked at 6.1M units in 2013 but saw a slight decrease from 2014 to 2023. In terms of value, the import of loudspeakers grew significantly to $138M in 2023.
In September 2023, loudspeaker imports reached their highest level, reaching a value of $63 million. This represents a significant expansion in the import market.
From August 2023 to January 2024, the growth of imports for Microphones remained at a slightly lower rate. In terms of value, Microphone imports amounted to $6.2M in January 2024.
In June 2023, the Microphone price in Canada increased by 42% compared to the previous month, reaching $28.6 per unit (CIF).
The price of Multiple Loudspeakers in June 2023 was $145 per unit (CIF, Canada), representing a 17% increase compared to the previous month.
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In 2015, the value of total imports on the global headphone market stood at X million USD. Overall, there was an annual increase of +X% for the period from 2007 to 2015. In physical terms, the total volume of headphone was X million units in X
From 2007 to 2015, global exports on the headphone market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports stood at X million units in 2015, which was X million units (X%) less than the year before.