United Kingdom - Radio Receivers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRadio Receiver Price in the UK - 2023
Contents:
- Radio Receiver Price in the UK (CIF) - 2022
- Radio Receiver Price in the UK (FOB) - 2022
- Radio Receiver Imports in the UK
- Radio Receiver Exports in the UK
Radio Receiver Price in the UK (CIF) - 2022
The average radio receiver import price stood at $47 per unit in 2022, rising by 5.8% against the previous year. Over the period under review, the import price, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 19% against the previous year. Over the period under review, average import prices reached the peak figure at $76 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($230 per unit), while the price for China ($30 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Radio Receiver Price in the UK (FOB) - 2022
The average radio receiver export price stood at $80 per unit in 2022, rising by 23% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, radio receiver export price increased by +108.5% against 2018 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 31%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($160 per unit), while the average price for exports to the United Arab Emirates ($34 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 the United States (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Radio Receiver Imports in the UK
In 2022, imports of radio receivers into the UK shrank to 3.8M units, which is down by -6.2% compared with 2021. In general, imports faced a abrupt decline. Over the period under review, imports hit record highs at 6M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, radio receiver imports reduced to $178M in 2022. Over the period under review, imports recorded a precipitous contraction. Over the period under review, imports hit record highs at $453M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Radio Receiver in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 85.4 | 64.8 | 79.5 | 90.4 | 1.9% |
Czech Republic | 41.9 | 3.4 | 3.8 | 18.2 | -24.3% |
Hungary | 7.5 | 7.6 | 6.1 | 12.0 | 17.0% |
Malaysia | 9.3 | 7.3 | 7.7 | 7.6 | -6.5% |
Hong Kong SAR | 8.7 | 18.0 | 15.7 | 5.8 | -12.6% |
Thailand | 0.3 | 0.5 | 0.6 | 4.9 | 153.7% |
Indonesia | 0.2 | 0.3 | 0.2 | 3.6 | 162.1% |
Portugal | 208 | 67.0 | 1.9 | 2.2 | -78.0% |
Germany | 21.7 | 18.5 | 15.4 | 1.3 | -60.9% |
Netherlands | 13.9 | 14.1 | 8.4 | 0.6 | -64.9% |
Belgium | 13.6 | 9.6 | 8.4 | N/A | -21.4% |
Others | 42.1 | 57.1 | 31.8 | 31.5 | -9.2% |
Total | 453 | 268 | 179 | 178 | -26.8% |
Top Suppliers of Radio Receiver to the UK in 2022:
- China (3016.9K units)
- Czech Republic (220.8K units)
- Hong Kong SAR (108.4K units)
- Hungary (68.0K units)
- Indonesia (63.9K units)
- Malaysia (61.2K units)
- Thailand (56.4K units)
- Germany (12.9K units)
- Netherlands (9.7K units)
- Portugal (9.7K units)
- Belgium (0.5K units)
Radio Receiver Exports in the UK
In 2022, approx. 429K units of radio receivers were exported from the UK; reducing by -25.8% compared with 2021. Over the period under review, exports saw a precipitous shrinkage. Over the period under review, the exports reached the peak figure at 2.1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, radio receiver exports declined to $34M in 2022. In general, exports continue to indicate a significant decline. The exports peaked at $80M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Radio Receiver in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 19.2 | 20.8 | 12.5 | 11.2 | -16.4% |
Germany | 15.3 | 11.5 | 4.0 | 4.2 | -35.0% |
Ireland | 8.0 | 7.0 | 2.7 | 2.7 | -30.4% |
France | 7.4 | 4.7 | 2.6 | 2.2 | -33.3% |
Italy | 3.8 | 2.8 | 2.1 | 2.1 | -17.9% |
Turkey | 0.6 | 0.8 | 1.2 | 1.4 | 32.6% |
Netherlands | 4.3 | 3.4 | 1.4 | 1.3 | -32.9% |
Switzerland | 0.7 | 0.3 | 0.8 | 1.3 | 22.9% |
China | 1.5 | 0.8 | 0.2 | 0.7 | -22.4% |
Spain | 1.5 | 1.9 | 0.3 | 0.7 | -22.4% |
Austria | 1.7 | 1.2 | 0.6 | 0.6 | -29.3% |
United Arab Emirates | 0.2 | 0.1 | 0.1 | 0.4 | 26.0% |
Others | 15.4 | 11.1 | 8.9 | 5.5 | -29.1% |
Total | 79.8 | 66.3 | 37.5 | 34.3 | -24.5% |
Top Export Markets for Radio Receiver from the UK in 2022:
- United States (125.8K units)
- Ireland (67.5K units)
- Germany (46.0K units)
- France (38.3K units)
- Netherlands (23.5K units)
- Italy (22.2K units)
- Turkey (12.9K units)
- United Arab Emirates (11.7K units)
- China (11.3K units)
- Spain (10.5K units)
- Switzerland (8.3K units)
- Austria (6.4K units)
This report provides an in-depth analysis of the radio receiver market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
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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In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
Explore the top import markets for vehicle radios in 2023. Learn about the key countries driving the global market for automotive audio systems.
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
Explore the top import markets for vehicle radios in 2023. Learn about the key countries driving the global market for automotive audio systems.