Australia and Oceania: Loudspeaker Market 2025

Loudspeaker Market Size in Australia and Oceania

For the third year in a row, the loudspeaker market in Australia and Oceania recorded growth in sales value, which increased by 22% to $X in 2022. The total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +43.0% against 2019 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Loudspeaker Production in Australia and Oceania

In value terms, loudspeaker production contracted notably to $X in 2022 estimated in export price. Overall, production recorded a abrupt descent. The growth pace was the most rapid in 2017 with an increase of 112% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Loudspeaker Exports

Exports in Australia and Oceania

In 2022, the amount of loudspeakers exported in Australia and Oceania dropped to X units, shrinking by -12.5% against 2021 figures. Over the period under review, exports, however, showed prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of 58%. Over the period under review, the exports hit record highs at X units in 2021, and then dropped in the following year.

In value terms, loudspeaker exports amounted to $X in 2022. Overall, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 66%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

In 2022, Australia (X units) and New Zealand (X units) was the main exporter of loudspeakers in Australia and Oceania, making up 99% of total export.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +16.9%).

In value terms, Australia ($X) remains the largest loudspeaker supplier in Australia and Oceania, comprising 68% of total exports. The second position in the ranking was held by New Zealand ($X), with a 30% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at +12.3%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, increasing by 20% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.5%).

Loudspeaker Imports

Imports in Australia and Oceania

In 2022, overseas purchases of loudspeakers increased by 14% to X units, rising for the second year in a row after two years of decline. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, loudspeaker imports soared to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +8.5% 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 +47.5% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 27%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

Australia represented the major importing country with an import of around X units, which recorded 82% of total imports. It was distantly followed by New Zealand (X units), achieving a 14% share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of loudspeakers. At the same time, New Zealand (+3.3%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +3.3% from 2012-2022. While the share of New Zealand (+3 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-4.6 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported loudspeakers in Australia and Oceania, comprising 82% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to +8.0%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, surging by 7.9% against the previous year. Import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, loudspeaker import price increased by +106.3% against 2012 indices. The pace of growth was the most pronounced in 2017 when the import price increased by 21% against the previous year. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Australia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.6%).

Source: IndexBox Platform

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