MERCOSUR: Loudspeaker Market 2025

Loudspeaker Market Size in MERCOSUR

The MERCOSUR loudspeaker market dropped modestly to $X in 2022, reducing by -2.4% against the previous year. The total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.4% 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 +48.2% against 2020 indices. As a result, consumption attained the peak level of $X, and then dropped slightly in the following year.

Loudspeaker Production in MERCOSUR

In value terms, loudspeaker production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 4.4%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Loudspeaker Exports

Exports in MERCOSUR

In 2022, overseas shipments of loudspeakers increased by 11% to X units, rising for the third year in a row after two years of decline. In general, exports, however, recorded a pronounced shrinkage. The growth pace was the most rapid in 2021 with an increase of 78% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, loudspeaker exports totaled $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 97% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

Brazil prevails in exports structure, recording X units, which was near 96% of total exports in 2022. Chile (X units) held a minor share of total exports.

Exports from Brazil decreased at an average annual rate of -3.0% from 2012 to 2022. At the same time, Chile (+2.1%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +2.1% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) and Chile ($X) were the countries with the highest levels of exports in 2022.

Among the main exporting countries, Brazil, with a CAGR of +3.7%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, increasing by 3.2% against the previous year. Overall, the export price showed a temperate expansion. The growth pace was the most rapid in 2016 when the export price increased by 88%. Over the period under review, the export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per unit), while Brazil totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+6.9%).

Loudspeaker Imports

Imports in MERCOSUR

In 2022, approx. X units of loudspeakers were imported in MERCOSUR; declining by -6.4% against the year before. Overall, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Over the period under review, imports attained the peak figure at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, loudspeaker imports expanded slightly to $X in 2022. Total imports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.8% 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 +59.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Brazil was the key importer of loudspeakers in MERCOSUR, with the volume of imports resulting at X units, which was near 62% of total imports in 2022. It was distantly followed by Argentina (X units), comprising a 25% share of total imports. Colombia (X units), Chile (X units), Peru (X units) and Paraguay (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to loudspeaker imports into Brazil stood at -6.0%. At the same time, Chile (+5.4%), Colombia (+3.9%), Peru (+2.0%), Argentina (+1.2%) and Paraguay (+1.2%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +5.4% from 2012-2022. While the share of Argentina (+10 p.p.), Colombia (+2.3 p.p.) and Chile (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (-15 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported loudspeakers in MERCOSUR, comprising 34% of total imports. The second position in the ranking was held by Argentina ($X), with a 17% share of total imports. It was followed by Colombia, with a 14% share.

In Brazil, loudspeaker imports increased at an average annual rate of +1.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Argentina (+3.8% per year) and Colombia (+6.1% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, picking up by 8.6% against the previous year. Import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.0% 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 +20.2% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 16% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Paraguay ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform