Southern Asia - Microphones and Their Stands - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouthern Asia: Microphone Market 2024
Microphone Exports
Exports in Southern Asia
In 2022, approx. X units of microphones and their stands were exported in Southern Asia; with an increase of 55% against the previous year's figure. Overall, exports enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 373% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.
In value terms, microphone exports soared to $X in 2022. Over the period under review, exports enjoyed noticeable growth. The most prominent rate of growth was recorded in 2013 with an increase of 190%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.
Exports by Country
In 2022, India (X units) represented the major exporter of microphones and their stands, comprising 83% of total exports. It was distantly followed by Bangladesh (X units), achieving a 14% share of total exports. Sri Lanka (X units) took a minor share of total exports.
From 2012 to 2022, average annual rates of growth with regard to microphone exports from India stood at +4.0%. At the same time, Bangladesh (+45.5%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +45.5% from 2012-2022. By contrast, Sri Lanka (-10.3%) illustrated a downward trend over the same period. While the share of Bangladesh (+13 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of India (-4.8 p.p.) and Sri Lanka (-8.1 p.p.) displayed negative dynamics.
In value terms, India ($X) remains the largest microphone supplier in Southern Asia, comprising 97% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a 1.3% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value in India totaled +3.4%. In the other countries, the average annual rates were as follows: Sri Lanka (-6.1% per year) and Bangladesh (+6.5% per year).
Export Prices by Country
The export price in Southern Asia stood at $X per unit in 2022, falling by -21.4% against the previous year. In general, the export price recorded a mild setback. The growth pace was the most rapid in 2017 an increase of 90%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+4.7%), while the other leaders experienced a decline in the export price figures.
Microphone Imports
Imports in Southern Asia
In 2022, microphone imports in Southern Asia stood at X units, approximately equating the previous year's figure. Over the period under review, imports recorded a resilient increase. The growth pace was the most rapid in 2018 with an increase of 55%. The volume of import peaked in 2022 and is expected to retain growth in years to come.
In value terms, microphone imports expanded remarkably to $X in 2022. In general, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 52%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
Imports by Country
In 2022, India (X units) was the key importer of microphones and their stands, constituting 86% of total imports. It was distantly followed by Bangladesh (X units), mixing up an 11% share of total imports.
Imports into India increased at an average annual rate of +12.6% from 2012 to 2022. At the same time, Bangladesh (+18.5%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +18.5% from 2012-2022. Bangladesh (+4.7 p.p.) and India (+3.5 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, India ($X) constitutes the largest market for imported microphones and their stands in Southern Asia, comprising 93% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 5% share of total imports.
In India, microphone imports increased at an average annual rate of +18.2% over the period from 2012-2022.
Import Prices by Country
The import price in Southern Asia stood at $X per unit in 2022, with an increase of 11% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per unit), while Bangladesh stood at $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.0%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the microphone market in Southern Asia. 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 26404100 - Microphones and their stands (excluding cordless microphones with a transmitter)
Country coverage:
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Southern Asia, split by region and country
- Trade (exports and imports) in Southern Asia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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