![Report Vietnam - Electric Sound Amplifier Sets - Market Analysis, Forecast, Size, Trends and Insights for 499$](/landing/img/reports/vietnam-electric-sound-amplifier-sets-market-analysis-forecast-size-trends-and-insights.webp)
Vietnam - Electric Sound Amplifier Sets - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingVietnam: Electric Sound Amplifier Market 2024
Electric Sound Amplifier Market Size in Vietnam
For the third year in a row, the Vietnamese electric sound amplifier market recorded decline in sales value, which decreased by -97.7% to $X in 2022. Over the period under review, consumption recorded a sharp contraction. Electric sound amplifier consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.
Electric Sound Amplifier Production in Vietnam
In value terms, electric sound amplifier production reached $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced increase. The growth pace was the most rapid in 2016 with an increase of 57% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.
Electric Sound Amplifier Exports
Exports from Vietnam
In 2022, overseas shipments of electric sound amplifier sets increased by 17% to X units, rising for the seventh year in a row after three years of decline. Overall, exports posted a strong increase. The pace of growth appeared the most rapid in 2016 when exports increased by 217%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, electric sound amplifier exports fell slightly to $X in 2022. In general, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 221%. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell modestly in the following year.
Exports by Country
The UK (X units) was the main destination for electric sound amplifier exports from Vietnam, accounting for a 58% share of total exports. Moreover, electric sound amplifier exports to the UK exceeded the volume sent to the second major destination, France (X units), fivefold. Japan (X units) ranked third in terms of total exports with an 8% share.
From 2012 to 2022, the average annual growth rate of volume to the UK totaled +20.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+16.9% per year) and Japan (+59.5% per year).
In value terms, the UK ($X), Japan ($X) and France ($X) appeared to be the largest markets for electric sound amplifier exported from Vietnam worldwide, together accounting for 59% of total exports.
Japan, with a CAGR of +60.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2022, the average electric sound amplifier export price amounted to $X per unit, waning by -16.6% against the previous year. In general, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2014 an increase of 37%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Spain ($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 Japan (+0.4%), while the prices for the other major destinations experienced a decline.
Electric Sound Amplifier Imports
Imports into Vietnam
Electric sound amplifier imports into Vietnam soared to X units in 2022, jumping by 32% compared with 2021 figures. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2018 when imports increased by 373% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, electric sound amplifier imports skyrocketed to $X in 2022. Overall, imports recorded a strong expansion. The growth pace was the most rapid in 2018 when imports increased by 116%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, China (X units) constituted the largest electric sound amplifier supplier to Vietnam, with a 77% share of total imports. Moreover, electric sound amplifier imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), sixfold.
From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +47.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+41.0% per year) and Japan (+17.5% per year).
In value terms, China ($X) constituted the largest supplier of electric sound amplifier sets to Vietnam, comprising 63% of total imports. The second position in the ranking was held by the United States ($X), with a 13% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+18.9% per year) and Japan (+30.9% per year).
Import Prices by Country
The average electric sound amplifier import price stood at $X per unit in 2022, reducing by -10.2% against the previous year. In general, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of 39%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($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 Japan (+11.4%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the electric sound amplifier market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
Recommended reports
This report provides an in-depth analysis of the electric sound amplifier market in Asia.
This report provides an in-depth analysis of the electric sound amplifier market in the U.S..
This report provides an in-depth analysis of the electric sound amplifier market in China.
This report provides an in-depth analysis of the electric sound amplifier market in the EU.
This report provides an in-depth analysis of the global electric sound amplifier market.