Argentina: Loudspeaker Market 2025

Loudspeaker Market Size in Argentina

In 2022, the Argentinian loudspeaker market increased by 31% to $X, rising for the third year in a row after two years of decline. In general, consumption continues to indicate a temperate expansion. Loudspeaker consumption peaked in 2022 and is expected to retain growth in the immediate term.

Loudspeaker Exports

Exports from Argentina

In 2022, shipments abroad of loudspeakers was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, saw a precipitous setback. The pace of growth was the most pronounced in 2018 when exports increased by 94% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, loudspeaker exports shrank significantly to $X in 2022. Overall, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Uruguay (X units) was the main destination for loudspeaker exports from Argentina, accounting for a 88% share of total exports. Moreover, loudspeaker exports to Uruguay exceeded the volume sent to the second major destination, Brazil (X units), tenfold.

From 2012 to 2022, the average annual growth rate of volume to Uruguay stood at +16.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-35.7% per year) and the United States (-17.7% per year).

In value terms, Uruguay ($X) emerged as the key foreign market for loudspeakers exports from Argentina, comprising 94% of total exports. The second position in the ranking was held by Brazil ($X), with a 3.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Uruguay stood at +2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-34.8% per year) and the United States (-22.8% per year).

Export Prices by Country

In 2022, the average loudspeaker export price amounted to $X per unit, falling by -59% against the previous year. In general, the export price, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2013 an increase of 183%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per unit), while the average price for exports to Brazil ($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 France (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.

Loudspeaker Imports

Imports into Argentina

In 2022, supplies from abroad of loudspeakers increased by 8% to X units, rising for the third consecutive year after two years of decline. Overall, total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 70% against the previous year. Over the period under review, imports attained the peak figure at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, loudspeaker imports surged to $X in 2022. In general, imports continue to indicate notable growth. The growth pace was the most rapid in 2021 when imports increased by 97% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of loudspeaker to Argentina, accounting for a 67% share of total imports. Moreover, loudspeaker imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), threefold. The third position in this ranking was taken by Thailand (X units), with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+57.3% per year) and Thailand (+1.6% per year).

In value terms, China ($X) constituted the largest supplier of loudspeakers to Argentina, comprising 59% of total imports. The second position in the ranking was taken by Thailand ($X), with a 20% share of total imports. It was followed by Vietnam, with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+21.2% per year) and Vietnam (+21.2% per year).

Import Prices by Country

The average loudspeaker import price stood at $X per unit in 2022, increasing by 29% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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