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Report Update Jan 1, 2025

World - Radio Receivers - Market Analysis, Forecast, Size, Trends and Insights

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Global Radio Receiver Market 2025

Radio Receiver Market Size

In 2022, the global radio receiver market increased by 12% to $X, rising for the second consecutive year after four years of decline. In general, consumption, however, continues to indicate a perceptible slump. Over the period under review, the global market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Radio Receiver Production

In value terms, radio receiver production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production, however, showed a mild reduction. The pace of growth was the most pronounced in 2019 with an increase of 14%. Over the period under review, global production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Radio Receiver Exports

Exports

In 2022, shipments abroad of radio receivers decreased by -10.9% to X units, falling for the second consecutive year after two years of growth. Overall, exports showed a noticeable slump. The most prominent rate of growth was recorded in 2019 with an increase of 14% against the previous year. Over the period under review, the global exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, radio receiver exports declined to $X in 2022. In general, exports showed a noticeable decline. The most prominent rate of growth was recorded in 2019 when exports increased by 1.9% against the previous year. The global exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China dominates exports structure, resulting at X units, which was near 78% of total exports in 2022. Mexico (X units), Malaysia (X units) and Thailand (X units) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of -2.0% from 2012 to 2022. Mexico experienced a relatively flat trend pattern. Malaysia (-7.4%) and Thailand (-9.3%) illustrated a downward trend over the same period. While the share of China (+16 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest radio receiver supplier worldwide, comprising 35% of global exports. The second position in the ranking was held by Mexico ($X), with a 15% share of global exports. It was followed by Malaysia, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to -2.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (+4.0% per year) and Malaysia (-7.1% per year).

Export Prices by Country

The average radio receiver export price stood at $X per unit in 2022, surging by 4.8% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 14%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+3.0%), while the other global leaders experienced more modest paces of growth.

Radio Receiver Imports

Imports

In 2022, the amount of radio receivers imported worldwide contracted to X units, reducing by -5.9% against the previous year. Over the period under review, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 4.9%. Global imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, radio receiver imports expanded modestly to $X in 2022. In general, imports showed a abrupt decrease. Over the period under review, global imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) was the largest importer of radio receivers, creating 24% of total imports. Brazil (X units) held the second position in the ranking, followed by Germany (X units) and Hong Kong SAR (X units). All these countries together held approx. 17% share of total imports. India (X units), Mexico (X units), Russia (X units), Japan (X units), France (X units), Argentina (X units), the United Arab Emirates (X units), the UK (X units) and Spain (X units) followed a long way behind the leaders.

Imports into the United States decreased at an average annual rate of -4.4% from 2012 to 2022. At the same time, India (+4.7%) and Argentina (+4.3%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +4.7% from 2012-2022. By contrast, Brazil (-3.0%), Spain (-3.6%), Germany (-4.8%), Mexico (-7.1%), Russia (-7.8%), the UK (-10.1%), France (-10.5%), the United Arab Emirates (-11.5%), Japan (-12.0%) and Hong Kong SAR (-15.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States, India and Brazil increased by +4.1, +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 ($X) constitutes the largest market for imported radio receivers worldwide, comprising 37% of global imports. The second position in the ranking was taken by Germany ($X), with a 6.2% share of global imports. It was followed by Japan, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at -3.5%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-8.0% per year) and Japan (-8.0% per year).

Import Prices by Country

The average radio receiver import price stood at $X per unit in 2022, with an increase of 9.1% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Global import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.5%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of radio receiver consumption was China, comprising approx. 49% of total volume. Moreover, radio receiver consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sixfold. South Africa ranked third in terms of total consumption with a 6.8% share.
The country with the largest volume of radio receiver production was China, accounting for 80% of total volume. It was followed by Indonesia, with a 2.5% share of total production.
In value terms, the largest radio receiver supplying countries worldwide were China, Mexico and Portugal, together accounting for 48% of global exports. These countries were followed by Malaysia, Thailand, Hungary, Germany, the Netherlands, Hong Kong SAR and South Africa, which together accounted for a further 23%.
In value terms, the United States constitutes the largest market for imported radio receivers worldwide, comprising 34% of global imports. The second position in the ranking was occupied by Germany, with a 5.9% share of global imports. It was followed by Japan, with a 4.7% share.
The average radio receiver export price stood at $34 per unit in 2021, dropping by -12.9% against the previous year.
The average radio receiver import price stood at $35 per unit in 2021, waning by -2% against the previous year.

This report provides an in-depth analysis of the global radio receiver market. 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 26401100 - Radio broadcast receivers (except for cars), capable of operating without an external source of power
  • Prodcom 26401270 - Radio receivers for motor vehicles with sound recording or reproducing apparatus
  • Prodcom 26401290 - Radio receivers for motor vehicles, n.e.c.

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. 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, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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