Report Update Nov 1, 2024

Bangladesh - Multiple Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Bangladesh: Multiple Loudspeakers Market 2024

Multiple Loudspeakers Market Size in Bangladesh

The Bangladeshi multiple loudspeakers market skyrocketed to $X in 2021, increasing by 33% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate significant growth. Multiple loudspeakers consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Multiple Loudspeakers Exports

Exports from Bangladesh

In 2021, shipments abroad of multiple loudspeakers (in enclosure) decreased by -9.5% to X units, falling for the seventh consecutive year after three years of growth. Over the period under review, exports showed a noticeable downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 197% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, multiple loudspeakers exports totaled $X in 2021. The total export value increased at an average annual rate of +6.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 71%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

The Netherlands (X units) was the main destination for multiple loudspeakers exports from Bangladesh, with a approx. 95% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands amounted to +22.0%.

In value terms, the Netherlands ($X) also remains the key foreign market for multiple loudspeakers (in enclosure) exports from Bangladesh.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands stood at +34.2%.

Export Prices by Country

In 2021, the average multiple loudspeakers export price amounted to $X per unit, growing by 11% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2015 an increase of 49%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2021, the rate of growth in terms of prices for Ethiopia amounted to +100.6% per year.

Multiple Loudspeakers Imports

Imports into Bangladesh

Multiple loudspeakers imports into Bangladesh skyrocketed to X units in 2021, rising by 32% against the year before. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 826% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, multiple loudspeakers imports surged to $X in 2021. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2013 with an increase of 1,181%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest multiple loudspeakers supplier to Bangladesh, with a 75% share of total imports. Moreover, multiple loudspeakers imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +30.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+33.7% per year) and Singapore (+75.8% per year).

In value terms, China ($X) constituted the largest supplier of multiple loudspeakers (in enclosure) to Bangladesh, comprising 52% of total imports. The second position in the ranking was taken by Singapore ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +34.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+84.7% per year) and India (+29.4% per year).

Import Prices by Country

The average multiple loudspeakers import price stood at $X per unit in 2021, increasing by 6.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 355%. Over the period under review, average import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Singapore ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for multiple loudspeakers (in enclosure) in the world?

China remains the largest multiple loudspeakers consuming country worldwide, comprising approx. 42% of total volume. Moreover, multiple loudspeakers consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by Germany, with a 6.3% share.

What are the largest producers of multiple loudspeakers (in enclosure) in the world?

China constituted the country with the largest volume of multiple loudspeakers production, comprising approx. 77% of total volume. Moreover, multiple loudspeakers production in China exceeded the figures recorded by the second-largest producer, Japan, more than tenfold. The third position in this ranking was occupied by Indonesia, with a 3.4% share.

What are the leading suppliers of multiple loudspeakers (in enclosure) to Bangladesh?

In value terms, China constituted the largest supplier of multiple loudspeakers to Bangladesh, comprising 65% of total imports. The second position in the ranking was occupied by Singapore, with a 13% share of total imports. It was followed by the United Arab Emirates, with a 3.8% share.

What are the leading importers of multiple loudspeakers (in enclosure) from Bangladesh?

In value terms, Thailand remains the key foreign market for multiple loudspeakers exports from Bangladesh, comprising 96% of total exports. The second position in the ranking was occupied by Canada $581), with a 4.4% share of total exports.

What is the average export price for multiple loudspeakers (in enclosure) in Bangladesh?

In 2020, the average multiple loudspeakers export price amounted to $626 per unit, with an increase of 39% against the previous year.

What is the average import price for multiple loudspeakers (in enclosure) in Bangladesh?

The average multiple loudspeakers import price stood at $102 per unit in 2020, surging by 13% against the previous year.

This report provides an in-depth analysis of the multiple loudspeakers market in Bangladesh. 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 26404237 - Multiple loudspeakers mounted in the same enclosure (including frames or cabinets mainly designed for mounting loudspeakers)

Country coverage:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023