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MERCOSUR - Single Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMERCOSUR: Loudspeaker Market 2024
Loudspeaker Market Size in MERCOSUR
For the fifth year in a row, the MERCOSUR loudspeaker market recorded growth in sales value, which increased by 1.2% to $X in 2021. In general, consumption recorded a prominent expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.
Loudspeaker Production in MERCOSUR
In value terms, loudspeaker production fell significantly to $X in 2021 estimated in export price. In general, production, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 193%. As a result, production reached the peak level of $X, and then shrank dramatically in the following year.
Loudspeaker Exports
Exports in MERCOSUR
In 2021, overseas shipments of single loudspeakers (in enclosure) increased by 77% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 215%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.
In value terms, loudspeaker exports soared to $X in 2021. Overall, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
In 2021, Chile (X units) and Brazil (X units) represented the major exporter of single loudspeakers (in enclosure) in MERCOSUR, making up 99% of total export.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Chile (with a CAGR of +47.2%).
In value terms, Brazil ($X) remains the largest loudspeaker supplier in MERCOSUR, comprising 77% of total exports. The second position in the ranking was taken by Chile ($X), with a 20% share of total exports.
From 2012 to 2021, the average annual growth rate of value in Brazil stood at +34.7%.
Export Prices by Country
The export price in MERCOSUR stood at $X per unit in 2021, jumping by 51% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 79% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably country of origin: the country with the highest price was Brazil ($X per unit), while Chile amounted to $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+13.1%).
Loudspeaker Imports
Imports in MERCOSUR
In 2021, supplies from abroad of single loudspeakers (in enclosure) increased by 27% to X units, rising for the second year in a row after two years of decline. In general, imports, however, showed a mild decrease. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.
In value terms, loudspeaker imports skyrocketed to $X in 2021. Total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +75.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, Brazil (X units) represented the main importer of single loudspeakers (in enclosure), making up 51% of total imports. Paraguay (X units) held the second position in the ranking, distantly followed by Colombia (X units), Argentina (X units) and Chile (X units). All these countries together held near 43% share of total imports. The following importers - Venezuela (X units) and Peru (X units) - each accounted for a 3.8% share of total imports.
Imports into Brazil decreased at an average annual rate of -2.2% from 2012 to 2021. At the same time, Colombia (+16.6%), Chile (+10.0%), Argentina (+5.3%), Paraguay (+4.4%) and Peru (+2.4%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +16.6% from 2012-2021. By contrast, Venezuela (-23.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Paraguay, Colombia, Chile and Argentina increased by +9.1, +5.6, +3.6 and +3.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Brazil ($X), Colombia ($X) and Chile ($X) constituted the countries with the highest levels of imports in 2021, with a combined 64% share of total imports. Paraguay, Argentina, Venezuela and Peru lagged somewhat behind, together accounting for a further 33%.
Among the main importing countries, Paraguay, with a CAGR of +28.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The import price in MERCOSUR stood at $X per unit in 2021, surging by 14% against the previous year. Import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, loudspeaker import price increased by +80.3% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by 21%. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Chile ($X per unit), while Brazil ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Venezuela (+24.1%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the loudspeaker market in MERCOSUR. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in MERCOSUR, split by region and country
- Trade (exports and imports) in MERCOSUR
- 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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Argentina
- Brazil
- Chile
- Colombia
- Ecuador
- Guyana
- Paraguay
- Peru
- Suriname
- Uruguay
- Venezuela
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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