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Ethiopia - Loudspeakers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLoudspeaker Price in Ethiopia - 2022
Contents:
- Loudspeaker Price in Ethiopia (CIF) - 2022
- Loudspeaker Price in Ethiopia (FOB) - 2022
- Loudspeaker Imports in Ethiopia
- Loudspeaker Exports in Ethiopia
Loudspeaker Price in Ethiopia (CIF) - 2022
In 2022, the average loudspeaker import price amounted to $9.1 per unit, jumping by 84% against the previous year. In general, the import price showed a buoyant expansion. 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($12 per unit), while the price for India ($4.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Loudspeaker Price in Ethiopia (FOB) - 2022
In 2022, the average loudspeaker export price amounted to $6.6 per unit, increasing by 49% against the previous year. Overall, the export price saw a measured increase. The pace of growth appeared the most rapid in 2014 an increase of 115% against the previous year. As a result, the export price attained the peak level of $11 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($37 per unit), while the average price for exports to Lesotho ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.
Loudspeaker Imports in Ethiopia
In 2022, overseas purchases of loudspeakers decreased by -2.2% to 1.5M units, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 43%. As a result, imports reached the peak of 2.6M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, loudspeaker imports soared to $14M in 2022. In general, imports, however, saw a resilient expansion. Imports peaked at $15M in 2020; however, from 2021 to 2022, imports failed to regain momentum.
Import of Loudspeaker in Ethiopia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.3 | 13.3 | 4.8 | 12.5 | 19.6% |
India | 0.3 | 0.5 | 0.8 | 0.4 | 10.1% |
Italy | 0.3 | 0.1 | 0.4 | 0.3 | 0.0% |
Others | 1.1 | 0.9 | 1.6 | 0.5 | -23.1% |
Total | 9.0 | 14.8 | 7.6 | 13.7 | 15.0% |
Top Suppliers of Loudspeaker to Ethiopia in 2022:
- China (1368.0K units)
- India (82.6K units)
- Italy (25.0K units)
Loudspeaker Exports in Ethiopia
In 2022, the amount of loudspeakers exported from Ethiopia declined significantly to 3.7K units, waning by -39% on the previous year's figure. Over the period under review, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 28%. The exports peaked at 6.7K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, loudspeaker exports fell to $24K in 2022. In general, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 7.6%. The exports peaked at $29K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Loudspeaker in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.5 | 0.4 | 3.3 | 4.7 | 46.3% |
Italy | 0.7 | 0.1 | 0.6 | 1.7 | 34.4% |
Sweden | N/A | N/A | 1.3 | 1.5 | 15.4% |
El Salvador | N/A | N/A | N/A | 1.2 | 0% |
United States | 3.8 | 0.7 | 0.3 | 1.2 | -31.9% |
France | 0.4 | 1.8 | N/A | 1.1 | 40.1% |
Kenya | 2.5 | 0.1 | 1.3 | 1.0 | -26.3% |
South Africa | 0.8 | 0.1 | 1.7 | 0.5 | -14.5% |
Peru | N/A | N/A | N/A | 0.4 | 0% |
Namibia | 0.1 | N/A | N/A | 0.3 | 44.2% |
Taiwan (Chinese) | N/A | N/A | N/A | 0.2 | 0% |
Botswana | N/A | 0.6 | N/A | 0.2 | -42.3% |
Lesotho | N/A | N/A | N/A | 0.1 | 0% |
Others | 19.0 | 21.3 | 18.4 | 10.5 | -17.9% |
Total | 28.9 | 25.1 | 27.0 | 24.5 | -5.4% |
Top Export Markets for Loudspeaker from Ethiopia in 2022:
- Sweden (544.0 units)
- El Salvador (449.0 units)
- France (293.0 units)
- Namibia (199.0 units)
- United States (186.0 units)
- Botswana (170.0 units)
- Italy (149.0 units)
- Kenya (146.0 units)
- Taiwan (Chinese) (134.0 units)
- Germany (127.0 units)
- Peru (117.0 units)
- Lesotho (105.0 units)
- South Africa (102.0 units)
This report provides an in-depth analysis of the loudspeaker market in Ethiopia. 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 26404235 - Single loudspeakers mounted in their enclosures (including frames or cabinets mainly designed for mounting loudspeakers)
- Prodcom 26404237 - Multiple loudspeakers mounted in the same enclosure (including frames or cabinets mainly designed for mounting loudspeakers)
- Prodcom 26404239 - Loudspeakers (including speaker drive units, frames or cabinets mainly designed for mounting loudspeakers) (excluding those mounted in their enclosures)
Country coverage:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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