Report Update Nov 1, 2024

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

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New Zealand: Loudspeaker Market 2024

Loudspeaker Market Size in New Zealand

In 2021, the New Zealand loudspeaker market increased by 7% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption recorded prominent growth. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Loudspeaker Exports

Exports from New Zealand

In 2021, loudspeaker exports from New Zealand surged to X units, jumping by 18% on 2020. In general, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of 87%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, loudspeaker exports soared to $X in 2021. Over the period under review, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of 68% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in the near future.

Exports by Country

Australia (X units), the United States (X units) and Fiji (X units) were the main destinations of loudspeaker exports from New Zealand, together accounting for 67% of total exports. Papua New Guinea, French Polynesia, New Caledonia and Samoa lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2021, the biggest increases were recorded for French Polynesia (with a CAGR of +157.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for loudspeaker exported from New Zealand were Papua New Guinea ($X), the United States ($X) and Australia ($X), with a combined 59% share of total exports. These countries were followed by Fiji, New Caledonia, Samoa and French Polynesia, which together accounted for a further 32%.

In terms of the main countries of destination, French Polynesia, with a CAGR of +155.9%, saw the highest rates of growth with regard to 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

The average loudspeaker export price stood at $X per unit in 2021, picking up by 12% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 36%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Papua New Guinea ($X per unit), while the average price for exports to French Polynesia ($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 the United States (+1.0%), while the prices for the other major destinations experienced a decline.

Loudspeaker Imports

Imports into New Zealand

In 2021, loudspeaker imports into New Zealand skyrocketed to X units, rising by 28% on the previous year's figure. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 74% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, loudspeaker imports stood at $X in 2021. Over the period under review, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 56%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of loudspeaker to New Zealand, with a 90% share of total imports. Moreover, loudspeaker imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China stood at +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+30.7% per year) and Australia (+12.7% per year).

In value terms, China ($X) constituted the largest supplier of single loudspeakers (in enclosure) to New Zealand, comprising 77% of total imports. The second position in the ranking was taken by Australia ($X), with a 5.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+21.5% per year) and Vietnam (+28.2% per year).

Import Prices by Country

The average loudspeaker import price stood at $X per unit in 2021, shrinking by -21.3% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 18%. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of loudspeaker consumption in 2020 were China, Germany and the United States, with a combined 44% share of global consumption. These countries were followed by France, Japan, India, South Korea, Brazil, Mexico, the Netherlands, Denmark, Indonesia and Hungary, which together accounted for a further 32%.

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

China remains the largest loudspeaker producing country worldwide, comprising approx. 70% of total volume. Moreover, loudspeaker production in China exceeded the figures recorded by the second-largest producer, Vietnam, sixfold. The third position in this ranking was occupied by India, with a 4.6% share.

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

In value terms, China constituted the largest supplier of loudspeaker to New Zealand, comprising 79% of total imports. The second position in the ranking was occupied by Australia, with a 2.7% share of total imports.

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

In value terms, the largest markets for loudspeaker exported from New Zealand were the United States, Australia and Fiji, with a combined 78% share of total exports. These countries were followed by New Caledonia, Papua New Guinea and French Polynesia, which together accounted for a further 15%.

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

The average loudspeaker export price stood at $37 per unit in 2020, increasing by 14% against the previous year.

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

The average loudspeaker import price stood at $39 per unit in 2020, stabilizing at the previous year.

This report provides an in-depth analysis of the loudspeaker 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 26404235 - Single loudspeakers mounted in their enclosures (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