Report Update Nov 1, 2024

Puerto Rico - Multiple Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Multiple Loudspeakers Market 2024

Multiple Loudspeakers Market Size in Puerto Rico

In 2021, the Puerto Rican multiple loudspeakers market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption recorded a slight increase. Puerto Rico consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Multiple Loudspeakers Production in Puerto Rico

In value terms, multiple loudspeakers production totaled $X in 2021 estimated in export price. In general, production posted mild growth. The most prominent rate of growth was recorded in 2014 with an increase of 61% against the previous year. Puerto Rico production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Multiple Loudspeakers Exports

Exports by Country

China prevails in exports structure, accounting for X units, which was near 66% of total exports in 2021. The Netherlands (X units) held a 7.4% share (based on physical terms) of total exports, which put it in second place, followed by Hong Kong SAR (6.1%). The following exporters - Malaysia (X units), Germany (X units), the Czech Republic (X units), Belgium (X units), Mexico (X units) and the United States (X units) - together made up 11% of total exports.

Exports from China increased at an average annual rate of +1.5% from 2012 to 2021. At the same time, the Netherlands (+24.6%), the Czech Republic (+22.3%), Germany (+18.6%), Malaysia (+9.6%), Belgium (+9.6%) and the United States (+2.6%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +24.6% from 2012-2021. By contrast, Hong Kong SAR (-9.9%) and Mexico (-15.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands, Germany and the Czech Republic increased by +6.2, +2 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest multiple loudspeakers supplier from Puerto Rico, comprising 48% of global exports. The second position in the ranking was taken by the Netherlands ($X), with an 11% share of global exports. It was followed by Hong Kong SAR, with a 4.8% share.

In China, multiple loudspeakers exports increased at an average annual rate of +8.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (+25.7% per year) and Hong Kong SAR (-3.5% per year).

Multiple Loudspeakers Imports

Imports by Country

In 2021, the United States (X units), distantly followed by Germany (X units) and the Netherlands (X units) represented the key importers of multiple loudspeakers (in enclosure), together creating 42% of total imports. France (X units), Mexico (X units), Thailand (X units), India (X units), Spain (X units), Sweden (X units), Hong Kong SAR (X units), Poland (X units), Brazil (X units) and the UK (X units) held a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to multiple loudspeakers imports into the United States stood at +6.0%. At the same time, the Netherlands (+20.9%), Poland (+20.4%), Thailand (+19.3%), Sweden (+18.4%), India (+15.1%), Spain (+9.8%), France (+8.3%) and Germany (+3.1%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of +20.9% from 2012-2021. Brazil and the UK experienced a relatively flat trend pattern. By contrast, Mexico (-2.7%) and Hong Kong SAR (-12.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands, the United States, Thailand, India, Sweden and Poland increased by +6.4, +4.7, +2.7, +2.2, +1.9 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported multiple loudspeakers (in enclosure) into Puerto Rico, comprising 27% of global imports. The second position in the ranking was taken by Germany ($X), with a 9% share of global imports. It was followed by the Netherlands, with a 7.5% share.

In the United States, multiple loudspeakers imports increased at an average annual rate of +8.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+9.1% per year) and the Netherlands (+16.4% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China remains the largest multiple loudspeakers consuming country worldwide, 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. The third position in this ranking was occupied by Indonesia, with a 3.4% share.

What are the leading suppliers of multiple loudspeakers (in enclosure) to Puerto Rico?

In value terms, the United States constitutes the largest market for imported multiple loudspeakers in enclosure) into Puerto Rico, comprising 26% of global imports. The second position in the ranking was occupied by Germany, with a 10% share of global imports. It was followed by the Netherlands, with a 7.2% share.

What are the leading importers of multiple loudspeakers (in enclosure) from Puerto Rico?

In value terms, China remains the largest multiple loudspeakers supplier from Puerto Rico, comprising 50% of global exports. The second position in the ranking was occupied by the Netherlands, with an 8.9% share of global exports. It was followed by the United States, with a 5% share.

What is the average export price for multiple loudspeakers (in enclosure) in Puerto Rico?

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

What is the average import price for multiple loudspeakers (in enclosure) in Puerto Rico?

In 2020, the multiple loudspeakers import price in Puerto Rico amounted to $less than 0.1 per thousand units, flattening at the previous year.

This report provides an in-depth analysis of the multiple 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 26404237 - Multiple loudspeakers mounted in the same enclosure (including frames or cabinets mainly designed for mounting loudspeakers)

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 2012–2023
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