New Zealand: Non-Enclosed Loudspeakers Market 2025

Non-Enclosed Loudspeakers Market Size in New Zealand

The New Zealand non-enclosed loudspeakers market fell to $X in 2021, which is down by -13.9% 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 continues to indicate a noticeable slump. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Non-Enclosed Loudspeakers Exports

Exports from New Zealand

In 2021, overseas shipments of loudspeakers (not in enclosure) increased by 107% to X units, rising for the fourth consecutive year after three years of decline. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-enclosed loudspeakers exports skyrocketed to $X in 2021. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X units) was the main destination for non-enclosed loudspeakers exports from New Zealand, accounting for a 70% share of total exports. Moreover, non-enclosed loudspeakers exports to Australia exceeded the volume sent to the second major destination, New Caledonia (X units), fivefold. The United States (X units) ranked third in terms of total exports with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia amounted to +34.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Caledonia (+39.7% per year) and the United States (+28.5% per year).

In value terms, New Caledonia ($X), Australia ($X) and the United States ($X) were the largest markets for non-enclosed loudspeakers exported from New Zealand worldwide, together comprising 79% of total exports.

Among the main countries of destination, New Caledonia, with a CAGR of +50.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average non-enclosed loudspeakers export price amounted to $X per unit, picking up by 10% against the previous year. Over the period under review, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 14%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was New Caledonia ($X per unit), while the average price for exports to Australia ($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 Papua New Guinea (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Enclosed Loudspeakers Imports

Imports into New Zealand

In 2021, the amount of loudspeakers (not in enclosure) imported into New Zealand reduced dramatically to X units, which is down by -16.9% against the previous year's figure. Over the period under review, imports recorded a perceptible downturn. The pace of growth appeared the most rapid in 2020 with an increase of 78%. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, non-enclosed loudspeakers imports expanded slightly to $X in 2021. In general, imports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest non-enclosed loudspeakers supplier to New Zealand, with a 86% share of total imports. Moreover, non-enclosed loudspeakers imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold. The third position in this ranking was held by Australia (X units), with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+4.6% per year) and Australia (+5.2% per year).

In value terms, China ($X) constituted the largest supplier of loudspeakers (not in enclosure) to New Zealand, comprising 78% of total imports. The second position in the ranking was held by Australia ($X), with a 5.2% share of total imports. It was followed by Vietnam, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+0.3% per year) and Vietnam (+1.3% per year).

Import Prices by Country

In 2021, the average non-enclosed loudspeakers import price amounted to $X per unit, surging by 25% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 31%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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