New Zealand: Electric Sound Amplifier Market 2025

Electric Sound Amplifier Market Size in New Zealand

In 2022, after two years of growth, there was significant decline in the New Zealand electric sound amplifier market, when its value decreased by -22.9% to $X. Overall, consumption, however, enjoyed a resilient increase. As a result, consumption attained the peak level of $X, and then fell dramatically in the following year.

Electric Sound Amplifier Exports

Exports from New Zealand

In 2022, shipments abroad of electric sound amplifier sets was finally on the rise to reach X units after two years of decline. Overall, exports, however, continue to indicate a perceptible curtailment. Over the period under review, the exports attained the peak figure at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric sound amplifier exports soared to $X in 2022. In general, exports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2017 when exports increased by 130% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for electric sound amplifier exports from New Zealand, accounting for a 65% share of total exports. Moreover, electric sound amplifier exports to the United States exceeded the volume sent to the second major destination, Australia (X units), sevenfold. The third position in this ranking was held by Samoa (X units), with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled -3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-0.9% per year) and Samoa (+12.0% per year).

In value terms, the United States ($X), Australia ($X) and French Polynesia ($X) were the largest markets for electric sound amplifier exported from New Zealand worldwide, with a combined 74% share of total exports.

French Polynesia, with a CAGR of +29.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electric sound amplifier export price stood at $X per unit in 2022, falling by -8.9% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric sound amplifier export price decreased by -3.6% against 2017 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 116% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Fiji ($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 Australia (+10.1%), while the prices for the other major destinations experienced mixed trend patterns.

Electric Sound Amplifier Imports

Imports into New Zealand

In 2022, purchases abroad of electric sound amplifier sets decreased by -8.9% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by 89%. Over the period under review, imports attained the maximum at X units in 2021, and then shrank in the following year.

In value terms, electric sound amplifier imports declined rapidly to $X in 2022. Overall, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 94%. As a result, imports attained the peak of $X, and then shrank dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest electric sound amplifier supplier to New Zealand, with a 87% share of total imports. Moreover, electric sound amplifier imports from China exceeded the figures recorded by the second-largest supplier, Australia (X units), more than tenfold. The third position in this ranking was taken by the United States (X units), with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+2.7% per year) and the United States (+13.4% per year).

In value terms, China ($X) constituted the largest supplier of electric sound amplifier sets to New Zealand, comprising 45% of total imports. The second position in the ranking was held by the United States ($X), with a 20% share of total imports. It was followed by Australia, with a 9.3% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +17.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+15.4% per year) and Australia (+16.1% per year).

Import Prices by Country

In 2022, the average electric sound amplifier import price amounted to $X per unit, falling by -17.4% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 32% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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