Single Loudspeaker Price in Serbia - 2024
Contents:
- Single Loudspeaker Price in Serbia (CIF) - 2024
- Single Loudspeaker Price in Serbia (FOB) - 2022
- Single Loudspeaker Imports in Serbia
- Single Loudspeaker Exports in Serbia
Single Loudspeaker Price in Serbia (CIF) - 2024
In April 2024, the average single loudspeaker import price amounted to $7.8 per unit, which is down by -25.7% against the previous month. Overall, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in December 2023 an increase of 210% against the previous month. As a result, import price reached the peak level of $35.6 per unit. From January 2024 to April 2024, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From April 2023 to April 2024, the rate of growth in terms of prices for China amounted to -7.3% per month.
Single Loudspeaker Price in Serbia (FOB) - 2022
The average single loudspeaker export price stood at $7.6 per unit in 2022, which is down by -61.6% against the previous year. In general, the export price showed a abrupt downturn. The growth pace was the most rapid in 2021 when the average export price increased by 120%. The export price peaked at $30 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($42 per unit), while the average price for exports to Bosnia and Herzegovina ($2.4 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 Romania (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.
Single Loudspeaker Imports in Serbia
Single loudspeaker imports into Serbia was estimated at 272K units in 2022, with an increase of 11% on the previous year's figure. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 65%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, single loudspeaker imports shrank to $2.1M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 58% against the previous year. As a result, imports attained the peak of $2.3M, and then shrank in the following year.
| Import of Single Loudspeaker in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 688 | 865 | 1,245 | 1,168 | 19.3% |
| Australia | 207 | 243 | 332 | 351 | 19.2% |
| Others | 543 | 336 | 703 | 595 | 3.1% |
| Total | 1,439 | 1,445 | 2,279 | 2,114 | 13.7% |
Top Suppliers of Single Loudspeaker to Serbia in 2022:
- China (256.7K units)
- Australia (8.3K units)
Single Loudspeaker Exports in Serbia
In 2022, single loudspeaker exports from Serbia soared to 44K units, rising by 104% against 2021. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, single loudspeaker exports contracted significantly to $336K in 2022. Over the period under review, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 229% against the previous year. As a result, the exports attained the peak of $429K, and then contracted significantly in the following year.
| Export of Single Loudspeaker in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.5 | 2.7 | 16.9 | 107 | 314.7% |
| Bosnia and Herzegovina | 17.9 | 8.0 | 222 | 56.9 | 47.0% |
| Montenegro | 55.7 | 22.9 | 60.3 | 56.0 | 0.2% |
| North Macedonia | 21.8 | 4.6 | 28.5 | 27.4 | 7.9% |
| Croatia | 10.3 | 0.9 | 10.5 | 15.2 | 13.9% |
| Kazakhstan | 14.3 | 8.1 | 15.9 | 10.2 | -10.7% |
| Romania | 8.1 | 10.3 | 11.4 | 4.8 | -16.0% |
| Others | 65.8 | 73.1 | 63.5 | 58.7 | -3.7% |
| Total | 195 | 131 | 429 | 336 | 19.9% |
Top Export Markets for Single Loudspeaker from Serbia in 2022:
- Bosnia and Herzegovina (23.3K units)
- North Macedonia (5.9K units)
- Croatia (3.3K units)
- Montenegro (3.1K units)
- Russia (2.6K units)
- Romania (0.8K units)
- Kazakhstan (0.5K units)
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