Report Update Nov 1, 2024

New Zealand - Multiple Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Multiple Loudspeakers Market 2024

Multiple Loudspeakers Market Size in New Zealand

The New Zealand multiple loudspeakers market soared to $X in 2021, with an increase of 67% 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). Overall, consumption enjoyed a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Multiple Loudspeakers Exports

Exports from New Zealand

In 2021, shipments abroad of multiple loudspeakers (in enclosure) was finally on the rise to reach X units after two years of decline. In general, exports recorded strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, multiple loudspeakers exports shrank to $X in 2021. Over the period under review, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 122%. The exports peaked at $X in 2020, and then declined in the following year.

Exports by Country

Australia (X units) was the main destination for multiple loudspeakers exports from New Zealand, with a 50% share of total exports. Moreover, multiple loudspeakers exports to Australia exceeded the volume sent to the second major destination, Samoa (X units), fourfold. Fiji (X units) ranked third in terms of total exports with a 9.8% share.

From 2012 to 2021, the average annual growth rate of volume to Australia amounted to +13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Samoa (+8.7% per year) and Fiji (+42.3% per year).

In value terms, the largest markets for multiple loudspeakers exported from New Zealand were Australia ($X), Cook Islands ($X) and Samoa ($X), together accounting for 71% of total exports. Fiji, New Caledonia, Papua New Guinea and Spain lagged somewhat behind, together comprising a further 13%.

Spain, with a CAGR of +89.4%, recorded the highest growth rate of the value of exports, among 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 multiple loudspeakers export price stood at $X per unit in 2021, reducing by -53.8% against the previous year. In general, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2020 an increase of 55%. As a result, the export price attained the peak level of $X per unit, and then reduced rapidly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Cook Islands ($X per unit), while the average price for exports to Spain ($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 Cook Islands (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Multiple Loudspeakers Imports

Imports into New Zealand

Multiple loudspeakers imports into New Zealand surged to X units in 2021, with an increase of 50% against the previous year. In general, imports enjoyed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, multiple loudspeakers imports skyrocketed to $X in 2021. Overall, imports showed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest multiple loudspeakers supplier to New Zealand, with a 88% share of total imports. Moreover, multiple loudspeakers imports from China exceeded the figures recorded by the second-largest supplier, Australia (X units), more than tenfold. Vietnam (X units) ranked third in terms of total imports with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +16.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+20.8% per year) and Vietnam (+1.7% per year).

In value terms, China ($X) constituted the largest supplier of multiple loudspeakers (in enclosure) to New Zealand, comprising 82% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 3% share of total imports. It was followed by Australia, with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+22.7% per year) and Australia (+23.2% per year).

Import Prices by Country

In 2021, the average multiple loudspeakers import price amounted to $X per unit, surging by 16% against the previous year. Over the last nine years, it increased at an average annual rate of +1.0%. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for multiple loudspeakers (in enclosure) in the world?

The country with the largest volume of multiple loudspeakers consumption was China, accounting for 42% of total volume. Moreover, multiple loudspeakers consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by Germany, with a 6.3% share.

What are the largest producers of multiple loudspeakers (in enclosure) in the world?

China remains the largest multiple loudspeakers producing country worldwide, comprising approx. 77% of total volume. Moreover, multiple loudspeakers production in China exceeded the figures recorded by the second-largest producer, Japan, more than tenfold. Indonesia ranked third in terms of total production with a 3.4% share.

What are the leading suppliers of multiple loudspeakers (in enclosure) to New Zealand?

In value terms, China constituted the largest supplier of multiple loudspeakers to New Zealand, comprising 78% of total imports. The second position in the ranking was occupied by Mexico, with a 4.1% share of total imports. It was followed by Australia, with a 3.1% share.

What are the leading importers of multiple loudspeakers (in enclosure) from New Zealand?

In value terms, Australia remains the key foreign market for multiple loudspeakers exports from New Zealand, comprising 31% of total exports. The second position in the ranking was occupied by Cook Islands, with a 7.1% share of total exports. It was followed by Fiji, with a 2.1% share.

What is the average export price for multiple loudspeakers (in enclosure) in New Zealand?

The average multiple loudspeakers export price stood at $206 per unit in 2020, surging by 84% against the previous year.

What is the average import price for multiple loudspeakers (in enclosure) in New Zealand?

The average multiple loudspeakers import price stood at $85 per unit in 2020, with a decrease of -14.4% against the previous year.

This report provides an in-depth analysis of the multiple loudspeakers market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26404237 - Multiple loudspeakers mounted in the same enclosure (including frames or cabinets mainly designed for mounting loudspeakers)

Country coverage:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023