Mexico - Single Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMexico's Loudspeaker Price Falls Markedly to $24.8 per Unit
Mexico Loudspeaker Export Price in January 2023
In January 2023, the loudspeaker price stood at $24.8 per unit (FOB, Mexico), which is down by -7.4% against the previous month. Overall, the export price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in October 2022 an increase of 111% against the previous month. Over the period under review, the average export prices hit record highs at $39.9 per unit in February 2022; however, from March 2022 to January 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In January 2023, the country with the highest price was China ($75.2 per unit), while the average price for exports to the United States stood at $23.7 per unit.
From February 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.8%).
| COUNTRY | Export Price of Loudspeaker in Mexico (USD per unit) | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | |
| China | 68.5 | 73.8 | 5.1 | N/A | 37.1 | 74.3 | 52.7 | N/A | N/A | 48.8 | 60.7 | 75.2 |
| United States | 38.7 | 37.2 | 39.1 | 26.5 | 37.1 | 28.3 | 26.5 | 18.1 | 38.3 | 15.8 | 26.3 | 23.7 |
| Average | 39.9 | 38.6 | 37.6 | 26.5 | 37.5 | 29.7 | 26.6 | 18.1 | 38.2 | 16.2 | 26.8 | 24.8 |
Mexico Loudspeaker Exports
Loudspeaker exports from Mexico fell markedly to 602K units in January 2023, waning by -24.8% compared with December 2022 figures. Over the period under review, exports, however, continue to indicate notable growth. The pace of growth appeared the most rapid in November 2022 with an increase of 232% m-o-m. As a result, the exports attained the peak of 1.3M units. From December 2022 to January 2023, the growth of the exports failed to regain momentum.
In value terms, loudspeaker exports shrank rapidly to $15M (IndexBox estimates) in January 2023. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when exports increased by 41% against the previous month. Over the period under review, the exports hit record highs at 21M units in December 2022, and then reduced remarkably in the following month.
Mexico Loudspeaker Exports by Country
the United States (587K units) was the main destination for loudspeaker exports from Mexico, accounting for a 98% share of total exports. It was followed by China (12K units), with a 2.1% share of total exports.
From February 2022 to January 2023, the average monthly rate of growth in terms of volume to the United States totaled +5.0%.
In value terms, the United States ($14M) remains the key foreign market for loudspeaker exports from Mexico, comprising 93% of total exports. The second position in the ranking was taken by China ($939K), with a 6.3% share of total exports.
From February 2022 to January 2023, the average monthly rate of growth in terms of value to the United States was relatively modest.
This report provides an in-depth analysis of the loudspeaker market in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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
