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Europe - Loudspeakers (Not in Enclosure) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEurope: Non-Enclosed Loudspeakers Market 2024
Non-Enclosed Loudspeakers Market Size in Europe
The Europe non-enclosed loudspeakers market was estimated at $X in 2021, almost unchanged from the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The level of consumption peaked in 2021 and is likely to continue growth in years to come.
Non-Enclosed Loudspeakers Production in Europe
In value terms, non-enclosed loudspeakers production declined to $X in 2021 estimated in export price. In general, production recorded a perceptible downturn. The pace of growth was the most pronounced in 2020 when the production volume increased by 19%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.
Non-Enclosed Loudspeakers Exports
Exports in Europe
For the third consecutive year, Europe recorded growth in shipments abroad of loudspeakers (not in enclosure), which increased by 32% to X units in 2021. Overall, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 69%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.
In value terms, non-enclosed loudspeakers exports rose significantly to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 7.3%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Hungary (X units), Germany (X units) and Belgium (X units) represented roughly 68% of total exports in 2021. Poland (X units) held the next position in the ranking, distantly followed by Italy (X units). All these countries together held near 18% share of total exports. The following exporters - France (X units) and Slovakia (X units) - together made up 5.4% of total exports.
From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +22.8%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest non-enclosed loudspeakers supplying countries in Europe were Hungary ($X), Germany ($X) and Belgium ($X), together comprising 52% of total exports.
Hungary, with a CAGR of +15.6%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.
Export Prices by Country
The export price in Europe stood at $X per unit in 2021, waning by -19.3% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2015 when the export price increased by 16%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while Belgium ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.3%), while the other leaders experienced a decline in the export price figures.
Non-Enclosed Loudspeakers Imports
Imports in Europe
For the third consecutive year, Europe recorded growth in purchases abroad of loudspeakers (not in enclosure), which increased by 22% to X units in 2021. Over the period under review, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in years to come.
In value terms, non-enclosed loudspeakers imports expanded markedly to $X in 2021. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The level of import peaked at $X in 2018; afterwards, it flattened through to 2021.
Imports by Country
Germany represented the main importing country with an import of around X units, which accounted for 37% of total imports. Poland (X units) held a 13% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (7.8%), Belgium (6.3%), the Czech Republic (5.8%) and Slovakia (4.7%). The following importers - Italy (X units), France (X units), Spain (X units), Russia (X units) and Sweden (X units) - together made up 17% of total imports.
From 2012 to 2021, average annual rates of growth with regard to non-enclosed loudspeakers imports into Germany stood at +1.8%. At the same time, Sweden (+22.3%), Spain (+14.5%), the Czech Republic (+13.3%), Poland (+13.2%), Hungary (+13.0%), Slovakia (+10.7%), Belgium (+6.6%), Italy (+5.8%) and France (+3.3%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing importer imported in Europe, with a CAGR of +22.3% from 2012-2021. Russia experienced a relatively flat trend pattern. While the share of Poland (+6.2 p.p.), Hungary (+3.6 p.p.), the Czech Republic (+2.7 p.p.), Spain (+2 p.p.) and Slovakia (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-1.9 p.p.) and Germany (-14.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Germany ($X) constitutes the largest market for imported loudspeakers (not in enclosure) in Europe, comprising 26% of total imports. The second position in the ranking was taken by Poland ($X), with an 11% share of total imports. It was followed by Hungary, with an 8.2% share.
In Germany, non-enclosed loudspeakers imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Poland (+8.8% per year) and Hungary (+10.1% per year).
Import Prices by Country
In 2021, the import price in Europe amounted to $X per unit, which is down by -7.6% against the previous year. Over the period under review, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2015 an increase of 17%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Russia ($X per unit), while Germany ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+5.0%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the non-enclosed loudspeakers market in Europe. 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 26404239 - Loudspeakers (including speaker drive units, frames or cabinets mainly designed for mounting loudspeakers) (excluding those mounted in their enclosures)
Country coverage:
- Albania
- Andorra
- Austria
- Belarus
- Belgium
- Bosnia and Herzegovina
- Bulgaria
- Croatia
- Czech Republic
- Denmark
- Estonia
- Faroe Islands
- Finland
- France
- Germany
- Gibraltar
- Greece
- Holy See
- Hungary
- Iceland
- Ireland
- Isle of Man
- Italy
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Malta
- Moldova
- Monaco
- Montenegro
- Netherlands
- North Macedonia
- Norway
- Poland
- Portugal
- Romania
- Russia
- San Marino
- Serbia
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
- Ukraine
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Europe, split by region and country
- Trade (exports and imports) in Europe
- 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
-
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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Albania
- Andorra
- Austria
- Belarus
- Belgium
- Bosnia and Herzegovina
- Bulgaria
- Croatia
- Czech Republic
- Denmark
- Estonia
- Faroe Islands
- Finland
- France
- Germany
- Gibraltar
- Greece
- Holy See
- Hungary
- Iceland
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- North Macedonia
- Malta
- Moldova
- Montenegro
- Netherlands
- Norway
- Poland
- Portugal
- Romania
- Russia
- San Marino
- Serbia
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
- Ukraine
- United Kingdom
- Liechtenstein
- Isle of Man
- Monaco
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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