Report Update Jan 1, 2025

Puerto Rico - Loudspeakers (Not in Enclosure) - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Non-Enclosed Loudspeakers Market 2025

Non-Enclosed Loudspeakers Market Size in Puerto Rico

The Puerto Rican non-enclosed loudspeakers market stood at $X in 2021, surging by 4.5% against the previous year. Overall, consumption showed a perceptible expansion. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Non-Enclosed Loudspeakers Production in Puerto Rico

In value terms, non-enclosed loudspeakers production rose slightly to $X in 2021 estimated in export price. Over the period under review, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 182%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Non-Enclosed Loudspeakers Exports

Exports by Country

China represented the largest exporting country with an export of about X units, which amounted to 50% of total exports. Vietnam (X units) took the second position in the ranking, distantly followed by Hong Kong SAR (X units). All these countries together held near 29% share of total exports. Thailand (X units), Indonesia (X units), Mexico (X units), Hungary (X units), Germany (X units) and Belgium (X units) held a relatively small share of total exports.

Exports from China increased at an average annual rate of +2.9% from 2012 to 2021. At the same time, Hungary (+22.8%), Vietnam (+19.7%), Thailand (+14.9%), Belgium (+10.7%), Mexico (+7.6%) and Indonesia (+2.7%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in the world, with a CAGR of +22.8% from 2012-2021. By contrast, Germany (-1.6%) and Hong Kong SAR (-9.5%) illustrated a downward trend over the same period. Vietnam (+15 p.p.), Thailand (+2.1 p.p.), China (+1.9 p.p.) and Hungary (+1.9 p.p.) significantly strengthened its position in terms of the global exports, while Hong Kong SAR saw its share reduced by -18.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-enclosed loudspeakers supplier from Puerto Rico, comprising 47% of global exports. The second position in the ranking was taken by Vietnam ($X), with an 18% share of global exports. It was followed by Hong Kong SAR, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +5.1%. In the other countries, the average annual rates were as follows: Vietnam (+17.6% per year) and Hong Kong SAR (-4.4% per year).

Non-Enclosed Loudspeakers Imports

Imports by Country

In 2021, India (X units), followed by China (X units), Hong Kong SAR (X units), Germany (X units), Japan (X units), the United States (X units) and Vietnam (X units) were the largest importers of loudspeakers (not in enclosure), together committing 60% of total imports. South Korea (X units), Poland (X units), Mexico (X units), Thailand (X units), Indonesia (X units) and Brazil (X units) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by India (with a CAGR of +18.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported loudspeakers (not in enclosure) into Puerto Rico, comprising 18% of global imports. The second position in the ranking was taken by Japan ($X), with a 7.7% share of global imports. It was followed by China, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value in the United States totaled +1.4%. In the other countries, the average annual rates were as follows: Japan (-0.7% per year) and China (+4.5% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for loudspeakers (not in enclosure) in the world?

The countries with the highest volumes of non-enclosed loudspeakers consumption in 2020 were India, China and Hong Kong SAR, together accounting for 43% of global consumption.

What are the largest producers of loudspeakers (not in enclosure) in the world?

China constituted the country with the largest volume of non-enclosed loudspeakers production, comprising approx. 69% of total volume. Moreover, non-enclosed loudspeakers production in China exceeded the figures recorded by the second-largest producer, Vietnam, sevenfold. The third position in this ranking was occupied by Thailand, with a 7.6% share.

What are the leading suppliers of loudspeakers (not in enclosure) to Puerto Rico?

In value terms, the United States constitutes the largest market for imported loudspeakers not in enclosure) into Puerto Rico, comprising 18% of global imports. The second position in the ranking was occupied by China, with an 8.2% share of global imports. It was followed by Japan, with an 8% share.

What are the leading importers of loudspeakers (not in enclosure) from Puerto Rico?

In value terms, China remains the largest non-enclosed loudspeakers supplier from Puerto Rico, comprising 43% of global exports. The second position in the ranking was occupied by Vietnam, with an 18% share of global exports. It was followed by Hungary, with a 3.6% share.

What is the average export price for loudspeakers (not in enclosure) in Puerto Rico?

The non-enclosed loudspeakers export price in Puerto Rico stood at $less than 0.1 per thousand units in 2020, therefore, remained relatively stable against the previous year.

What is the average import price for loudspeakers (not in enclosure) in Puerto Rico?

In 2020, the non-enclosed loudspeakers import price in Puerto Rico amounted to $less than 0.1 per thousand units, leveling off at the previous year.

This report provides an in-depth analysis of the non-enclosed loudspeakers market in Puerto Rico. 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 26404239 - Loudspeakers (including speaker drive units, frames or cabinets mainly designed for mounting loudspeakers) (excluding those mounted in their enclosures)

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024