Single Loudspeaker Price in Lithuania - 2024

Single Loudspeaker Price in Lithuania (CIF) - 2022

The average single loudspeaker import price stood at $43 per unit in 2022, dropping by -14.9% against the previous year. Overall, the import price, however, showed buoyant growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 52% against the previous year. Over the period under review, average import prices attained the peak figure at $51 per unit in 2021, and then declined in the following year.

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 the Czech Republic ($249 per unit), while the price for Cyprus ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+40.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Single Loudspeaker Price in Lithuania (FOB) - 2022

The average single loudspeaker export price stood at $58 per unit in 2022, waning by -2.5% against the previous year. Over the period under review, the export price, however, posted prominent growth. The pace of growth was the most pronounced in 2014 an increase of 34% against the previous year. The export price peaked at $59 per unit in 2021, and then shrank slightly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($130 per unit), while the average price for exports to the United Arab Emirates ($11 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 Denmark (+31.6%), while the prices for the other major destinations experienced more modest paces of growth.

Single Loudspeaker Imports in Lithuania

For the fourth year in a row, Lithuania recorded growth in overseas purchases of single loudspeakers (in enclosure), which increased by 9.6% to 194K units in 2022. The total import volume increased at an average annual rate of +14.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 26% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, single loudspeaker imports shrank to $8.4M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of $9M, and then reduced in the following year.

Import of Single Loudspeaker in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Czech Republic	27.8	887	1,487	1,835	304.1%
China	623	626	1,584	1,645	38.2%
Latvia	548	1,156	1,517	1,590	42.6%
Germany	1,624	1,174	1,809	532	-31.1%
Poland	229	323	375	517	31.2%
Estonia	634	606	315	468	-9.6%
Sweden	290	151	158	148	-20.1%
United Kingdom	123	422	38.2	38.8	-31.9%
Cyprus	N/A	N/A	N/A	26.0	0%
Others	1,043	1,245	1,699	1,580	14.8%
Total	5,141	6,588	8,981	8,381	17.7%

Top Suppliers of Single Loudspeaker to Lithuania in 2022:

China (109.5K units)
Latvia (16.8K units)
Poland (16.7K units)
Cyprus (12.0K units)
Germany (11.0K units)
Czech Republic (7.4K units)
Estonia (4.6K units)
Sweden (3.4K units)
United Kingdom (1.0K units)

Single Loudspeaker Exports in Lithuania

In 2022, shipments abroad of single loudspeakers (in enclosure) increased by 6.8% to 93K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a perceptible slump. Over the period under review, the exports hit record highs at 100K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, single loudspeaker exports totaled $5.4M in 2022. The total export value increased at an average annual rate of +12.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

Export of Single Loudspeaker in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	4.5	27.0	86.8	1,022	510.1%
Estonia	112	367	483	652	79.9%
Kazakhstan	43.5	51.3	88.5	565	135.1%
Russia	2,639	2,702	2,685	552	-40.6%
Latvia	274	387	449	516	23.5%
Denmark	13.3	107	321	406	212.5%
Switzerland	10.8	8.4	10.4	281	196.3%
Germany	77.5	73.9	135	231	43.9%
Kyrgyzstan	N/A	0.2	0.4	137	2517.3%
Poland	11.6	17.6	30.3	128	122.6%
United Kingdom	3.6	5.9	20.4	64.1	161.1%
United Arab Emirates	5.9	5.9	2.4	58.1	114.3%
Bulgaria	22.3	25.9	34.3	37.5	18.9%
Others	582	591	825	735	8.1%
Total	3,801	4,369	5,171	5,385	12.3%