Canada: Microphone Market 2025

Microphone Market Size in Canada

In 2022, after two years of growth, there was decline in the Canadian microphone market, when its value decreased by -3.1% to $X. Overall, the total consumption indicated a resilient expansion from 2012 to 2022: its value 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, consumption increased by +61.5% against 2019 indices. Microphone consumption peaked at $X in 2021, and then fell modestly in the following year.

Microphone Production in Canada

In value terms, microphone production surged to $X in 2022 estimated in export price. Over the period under review, production enjoyed a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 902%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Microphone Exports

Exports from Canada

After three years of growth, shipments abroad of microphones and their stands decreased by -19.8% to X units in 2022. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 23%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, microphone exports shrank sharply to $X in 2022. Over the period under review, exports saw a noticeable downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 31% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced markedly in the following year.

Exports by Country

The United States (X units) was the main destination for microphone exports from Canada, with a 87% share of total exports. It was followed by the UK (X units), with a 2.4% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to -6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+3.6% per year) and Australia (-0.7% per year).

In value terms, the United States ($X) remains the key foreign market for microphones and their stands exports from Canada, comprising 87% of total exports. The second position in the ranking was held by the UK ($X), with a 2.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+7.4% per year) and Australia (+2.9% per year).

Export Prices by Country

The average microphone export price stood at $X per unit in 2022, waning by -16.5% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, microphone export price decreased by -16.8% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 17%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Australia ($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 the United States (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Microphone Imports

Imports into Canada

In 2022, purchases abroad of microphones and their stands decreased by -26.5% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports attained the peak of X units, and then declined remarkably in the following year.

In value terms, microphone imports fell significantly to $X in 2022. Over the period under review, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.9% 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 +77.8% against 2014 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of $X, and then contracted significantly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest microphone supplier to Canada, with a 41% share of total imports. Moreover, microphone imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), threefold. The third position in this ranking was taken by the United States (X units), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+7.3% per year) and the United States (-4.5% per year).

In value terms, China ($X) constituted the largest supplier of microphones and their stands to Canada, comprising 41% of total imports. The second position in the ranking was taken by Mexico ($X), with a 15% share of total imports. It was followed by the United States, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+12.7% per year) and the United States (+0.3% per year).

Import Prices by Country

In 2022, the average microphone import price amounted to $X per unit, surging by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($X per unit) and Mexico ($X per unit), while the price for the UK ($X per unit) and Australia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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