U.S.: Market for Audio And Video Equipment 2025

Market Size for Audio And Video Equipment in the U.S.

In 2022, the U.S. audio and video equipment market increased by X% to $X, rising for the fifth consecutive year after two years of decline. The market value increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Production of Audio And Video Equipment in the U.S.

In value terms, audio and video equipment production totaled $X in 2022. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Audio And Video Equipment

Exports from the U.S.

Audio and video equipment exports from the United States was estimated at X units in 2022, increasing by X% against 2021 figures. Over the period under review, exports recorded resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, audio and video equipment exports reached $X in 2022. In general, exports, however, continue to indicate a pronounced descent. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X units) was the main destination for audio and video equipment exports from the United States, accounting for a X% share of total exports. Moreover, audio and video equipment exports to Mexico exceeded the volume sent to the second major destination, Canada (X units), fourfold. The third position in this ranking was taken by China (X units), with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Mexico amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and China (X% per year).

In value terms, the largest markets for audio and video equipment exported from the United States were Canada ($X), Mexico ($X) and Germany ($X), with a combined X% share of total exports.

Among the main countries of destination, Germany, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average audio and video equipment export price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, saw a abrupt slump. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced a decline.

Imports of Audio And Video Equipment

Imports into the U.S.

In 2022, the amount of audio and video equipment imported into the United States expanded markedly to X units, with an increase of X% on 2021. In general, imports saw a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, audio and video equipment imports amounted to $X in 2022. The total import value increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of audio and video equipment to the United States, accounting for a X% share of total imports. Moreover, audio and video equipment imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), sevenfold. Mexico (X units) ranked third in terms of total imports with an X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Mexico (X% per year).

In value terms, the largest audio and video equipment suppliers to the United States were Mexico ($X), China ($X) and Vietnam ($X), together comprising X% of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average audio and video equipment import price stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price recorded a abrupt setback. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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