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India - Single Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSingle Loudspeaker Price in India - 2023
Contents:
- Single Loudspeaker Price in India (CIF) - 2023
- Single Loudspeaker Price in India (FOB) - 2022
- Single Loudspeaker Imports in India
- Single Loudspeaker Exports in India
Single Loudspeaker Price in India (CIF) - 2023
The average single loudspeaker import price stood at $1.7 per unit in March 2023, rising by 29% against the previous month. Overall, the import price, however, continues to indicate a abrupt slump. Over the period under review, average import prices reached the peak figure at $11.2 per unit in March 2022; however, from April 2022 to March 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Hong Kong SAR ($3.1 per unit), while the price for China ($1.5 per unit) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.7%), while the prices for the other major suppliers experienced a decline.
Single Loudspeaker Price in India (FOB) - 2022
The average single loudspeaker export price stood at $14 per unit in 2022, increasing by 15% against the previous year. In general, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 833%. The export price peaked at $55 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($31 per unit), while the average price for exports to Nepal ($4.5 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 Malaysia (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.
Single Loudspeaker Imports in India
In 2022, single loudspeaker imports into India soared to 52M units, increasing by 545% on the year before. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, single loudspeaker imports skyrocketed to $105M in 2022. Over the period under review, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Single Loudspeaker in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 45.5 | 28.8 | 28.3 | 53.1 | 5.3% |
Vietnam | 3.9 | 3.2 | 5.6 | 16.7 | 62.4% |
Hong Kong SAR | 3.4 | 10.9 | 8.6 | 15.4 | 65.5% |
Netherlands | 0.4 | 0.2 | 1.9 | 3.5 | 106.1% |
Malaysia | 3.7 | 3.9 | 4.3 | 3.3 | -3.7% |
Others | 8.8 | 7.5 | 8.7 | 13.0 | 13.9% |
Total | 65.6 | 54.5 | 57.5 | 105 | 17.0% |
Top Suppliers of Single Loudspeaker to India in 2022:
- China (8.2M units)
- Hong Kong SAR (2.4M units)
- Vietnam (2.0M units)
- Malaysia (0.3M units)
- Netherlands (0.2M units)
Single Loudspeaker Exports in India
In 2022, after two years of decline, there was significant growth in shipments abroad of single loudspeakers (in enclosure), when their volume increased by 10% to 362K units. In general, exports, however, saw a abrupt setback. Over the period under review, the exports hit record highs at 469K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, single loudspeaker exports surged to $5.1M in 2022. Overall, exports, however, saw a abrupt decline. Over the period under review, the exports reached the maximum at $6M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Single Loudspeaker in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 21.1 | 21.4 | 254 | 720 | 224.4% |
United Arab Emirates | 545 | 472 | 381 | 715 | 9.5% |
Australia | 607 | 697 | 612 | 451 | -9.4% |
Germany | 185 | 125 | 175 | 256 | 11.4% |
Norway | 128 | 224 | 110 | 224 | 20.5% |
Nigeria | 480 | 119 | 118 | 215 | -23.5% |
United States | 266 | 443 | 144 | 195 | -9.8% |
Malaysia | 37.1 | 0.2 | 31.1 | 194 | 73.6% |
Yemen | 152 | 129 | 76.6 | 157 | 1.1% |
Singapore | 113 | 90.8 | 141 | 140 | 7.4% |
Nepal | 69.9 | 12.6 | 52.7 | 116 | 18.4% |
Saudi Arabia | 180 | 122 | 123 | 109 | -15.4% |
Bangladesh | 26.0 | 25.9 | 92.1 | 104 | 58.7% |
Others | 3,151 | 2,309 | 1,706 | 1,480 | -22.3% |
Total | 5,961 | 4,791 | 4,015 | 5,076 | -5.2% |
Top Export Markets for Single Loudspeaker from India in 2022:
- United Arab Emirates (36.5K units)
- Nigeria (36.5K units)
- Australia (29.4K units)
- Nepal (25.6K units)
- Russia (23.5K units)
- Saudi Arabia (22.0K units)
- Yemen (19.4K units)
- Bangladesh (16.3K units)
- Germany (12.8K units)
- United States (12.3K units)
- Norway (11.5K units)
- Singapore (9.9K units)
- Malaysia (8.3K units)
This report provides an in-depth analysis of the loudspeaker market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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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