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China - Electric Sound Amplifier Sets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChina: Electric Sound Amplifier Market 2024
Electric Sound Amplifier Market Size in China
The Chinese electric sound amplifier market skyrocketed to $X in 2022, jumping by 28% against the previous year. Overall, consumption, however, recorded a noticeable shrinkage. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.
Electric Sound Amplifier Production in China
In value terms, electric sound amplifier production rose slightly to $X in 2022 estimated in export price. In general, production, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2020 when the production volume increased by 21% against the previous year. Electric sound amplifier production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.
Electric Sound Amplifier Exports
Exports from China
After ten years of growth, overseas shipments of electric sound amplifier sets decreased by -29.3% to X units in 2022. Overall, exports, however, saw buoyant growth. The growth pace was the most rapid in 2014 when exports increased by 37%. Over the period under review, the exports reached the maximum at X units in 2021, and then shrank rapidly in the following year.
In value terms, electric sound amplifier exports declined significantly to $X in 2022. Over the period under review, total exports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 31%. Over the period under review, the exports reached the peak figure at $X in 2021, and then contracted sharply in the following year.
Exports by Country
The United States (X units), India (X units) and Vietnam (X units) were the main destinations of electric sound amplifier exports from China, with a combined 47% share of total exports.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +61.5%), while the other leaders experienced more modest paces of growth.
In value terms, the United States ($X) remains the key foreign market for electric sound amplifier sets exports from China, comprising 32% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 5.3% share of total exports. It was followed by Vietnam, with a 4.7% share.
From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+6.8% per year) and Vietnam (+60.4% per year).
Export Prices by Country
In 2022, the average electric sound amplifier export price amounted to $X per unit, increasing by 8.3% against the previous year. Overall, the export price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2013 an increase of 20% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to India ($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 the Netherlands (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Sound Amplifier Imports
Imports into China
In 2022, overseas purchases of electric sound amplifier sets increased by 32% to X units, rising for the second year in a row after three years of decline. In general, imports, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2014 with an increase of 146%. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.
In value terms, electric sound amplifier imports shrank to $X in 2022. Overall, imports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of 70% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.
Imports by Country
In 2022, Switzerland (X units) constituted the largest electric sound amplifier supplier to China, with a 2.4% share of total imports. Moreover, electric sound amplifier imports from Switzerland exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. The third position in this ranking was held by Indonesia (X units), with a 0.9% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Switzerland amounted to +68.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-11.7% per year) and Indonesia (+44.2% per year).
In value terms, South Korea ($X) constituted the largest supplier of electric sound amplifier sets to China, comprising 12% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 3.3% share of total imports. It was followed by Japan, with a 2.5% share.
From 2012 to 2022, the average annual rate of growth in terms of value from South Korea amounted to -6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+64.9% per year) and Japan (-18.5% per year).
Import Prices by Country
In 2022, the average electric sound amplifier import price amounted to $X per unit, with a decrease of -33.8% against the previous year. In general, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2013 an increase of 191% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the electric sound amplifier market in China. 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 26404370 - Electric sound amplifier sets (including public address systems with microphone and speaker)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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