Japan: Non-Enclosed Loudspeakers Market 2025

Non-Enclosed Loudspeakers Market Size in Japan

The Japanese non-enclosed loudspeakers market stood at $X in 2021, surging by 13% 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). Over the period under review, consumption, however, recorded a relatively flat trend pattern. Non-enclosed loudspeakers consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Non-Enclosed Loudspeakers Exports

Exports from Japan

In 2021, overseas shipments of loudspeakers (not in enclosure) decreased by -18.7% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 with an increase of 37% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, non-enclosed loudspeakers exports fell slightly to $X in 2021. Overall, exports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2019 with an increase of 150%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Mexico (X units), China (X units) and Hong Kong SAR (X units) were the main destinations of non-enclosed loudspeakers exports from Japan, together accounting for 59% of total exports. The United States, Vietnam, Thailand, Germany, South Korea, Saudi Arabia and the United Arab Emirates lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +36.2%), while the other leaders experienced mixed trend patterns.

In value terms, Vietnam ($X) remains the key foreign market for loudspeakers (not in enclosure) exports from Japan, comprising 40% of total exports. The second position in the ranking was held by Mexico ($X), with a 15% share of total exports. It was followed by Hong Kong SAR, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Vietnam stood at +67.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+20.2% per year) and Hong Kong SAR (+13.0% per year).

Export Prices by Country

In 2021, the average non-enclosed loudspeakers export price amounted to $X per unit, surging by 18% against the previous year. Over the period under review, the export price posted significant growth. The pace of growth appeared the most rapid in 2019 an increase of 83%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Vietnam ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Enclosed Loudspeakers Imports

Imports into Japan

In 2021, approx. X units of loudspeakers (not in enclosure) were imported into Japan; growing by 9.9% on the previous year. In general, imports, however, recorded a relatively flat trend pattern. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, non-enclosed loudspeakers imports rose sharply to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Vietnam (X units) and Mexico (X units) were the main suppliers of non-enclosed loudspeakers imports to Japan, together accounting for 91% of total imports. These countries were followed by Thailand, Myanmar, the United States and Indonesia, which together accounted for a further 7.6%.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +192.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of loudspeakers (not in enclosure) to Japan, comprising 59% of total imports. The second position in the ranking was taken by Vietnam ($X), with an 18% share of total imports. It was followed by Mexico, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+27.9% per year) and Mexico (+2.8% per year).

Import Prices by Country

In 2021, the average non-enclosed loudspeakers import price amounted to $X per unit, picking up by 4.5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 6.9%. The import price peaked at $X per unit in 2012; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Myanmar (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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