Amplifiers; Audio-Frequency Electric Price in Belgium - 2023
Contents:
- Amplifiers; Audio-Frequency Electric Price in Belgium (CIF) - 2023
- Amplifiers; Audio-Frequency Electric Price in Belgium (FOB) - 2023
- Amplifiers; Audio-Frequency Electric Imports in Belgium
- Amplifiers; Audio-Frequency Electric Exports in Belgium
Amplifiers; Audio-Frequency Electric Price in Belgium (CIF) - 2023
In August 2023, the average amplifiers; audio-frequency electric import price amounted to $267 per unit, declining by -21.6% against the previous month. Over the period under review, the import price, however, posted slight growth. The most prominent rate of growth was recorded in June 2023 an increase of 109% m-o-m. As a result, import price reached the peak level of $505 per unit. From July 2023 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Mexico ($751 per unit), while the price for Indonesia ($64.8 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Mexico (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Amplifiers; Audio-Frequency Electric Price in Belgium (FOB) - 2023
The average amplifiers; audio-frequency electric export price stood at $277 per unit in August 2023, waning by -15.8% against the previous month. In general, export price indicated notable growth from August 2022 to August 2023: its price increased at an average monthly rate of +2.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, amplifiers; audio-frequency electric export price increased by +21.9% against June 2023 indices. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 85% against the previous month. As a result, the export price attained the peak level of $337 per unit. From May 2023 to August 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($807 per unit), while the average price for exports to the Czech Republic ($72.5 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Amplifiers; Audio-Frequency Electric Imports in Belgium
After two years of decline, purchases abroad of amplifiers; audio-frequency electrics increased by 16% to 255K units in 2022. Overall, imports, however, saw a dramatic shrinkage. Over the period under review, imports hit record highs at 717K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, amplifiers; audio-frequency electric imports skyrocketed to $58M in 2022. In general, imports, however, continue to indicate a pronounced reduction. Imports peaked at $65M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Amplifiers; Audio-Frequency Electric in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.9 | 19.9 | 18.4 | 22.9 | 3.1% |
| Hungary | 6.8 | 2.2 | 6.0 | 11.4 | 18.8% |
| Mexico | 0.2 | 6.1 | 3.0 | 6.7 | 222.4% |
| Malaysia | 7.2 | 6.6 | 6.6 | 4.3 | -15.8% |
| Netherlands | 1.2 | 1.3 | 1.8 | 2.4 | 26.0% |
| Germany | 6.1 | 3.1 | 2.2 | 1.7 | -34.7% |
| United Kingdom | 14.0 | 0.4 | 1.4 | 1.2 | -55.9% |
| Thailand | 4.4 | 1.4 | 1.1 | 1.1 | -37.0% |
| Vietnam | 0.7 | 0.6 | 0.4 | 0.9 | 8.7% |
| Others | 3.9 | 3.8 | 3.5 | 5.1 | 9.4% |
| Total | 65.4 | 45.5 | 44.6 | 57.8 | -4.0% |
Top Suppliers of Amplifiers; Audio-Frequency Electric to Belgium in 2022:
- China (141.4K units)
- Hungary (40.0K units)
- Mexico (15.8K units)
- Vietnam (15.0K units)
- Malaysia (12.7K units)
- Netherlands (12.2K units)
- Germany (4.4K units)
- Thailand (3.1K units)
- United Kingdom (2.2K units)
Amplifiers; Audio-Frequency Electric Exports in Belgium
In 2022, shipments abroad of amplifiers; audio-frequency electrics increased by 17% to 178K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a pronounced shrinkage. The exports peaked at 190K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, amplifiers; audio-frequency electric exports expanded slightly to $41M in 2022. The total export value increased at an average annual rate of +10.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 21% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Amplifiers; Audio-Frequency Electric in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 10.2 | 9.4 | 12.3 | 10.7 | 1.6% |
| Germany | 2.1 | 6.3 | 5.7 | 6.1 | 42.7% |
| Spain | 1.1 | 1.7 | 1.9 | 3.4 | 45.7% |
| Netherlands | 3.7 | 3.2 | 3.4 | 3.0 | -6.8% |
| Hungary | 0.1 | 0.2 | 0.5 | 2.2 | 180.2% |
| Italy | 0.9 | 1.7 | 3.0 | 2.1 | 32.6% |
| Malaysia | 0.9 | 0.9 | 1.6 | 1.7 | 23.6% |
| Sweden | 0.5 | 1.4 | 1.7 | 1.6 | 47.4% |
| United Kingdom | 3.9 | 4.7 | 1.9 | 1.3 | -30.7% |
| Poland | 0.4 | 0.8 | 0.8 | 1.1 | 40.1% |
| Czech Republic | 0.2 | 0.3 | 0.4 | 0.6 | 44.2% |
| Cyprus | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| China | 2.5 | 0.8 | 0.3 | 0.2 | -56.9% |
| Others | 4.2 | 5.4 | 6.4 | 6.5 | 15.7% |
| Total | 30.7 | 37.0 | 40.1 | 40.9 | 10.0% |
Top Export Markets for Amplifiers; Audio-Frequency Electric from Belgium in 2022:
- France (54.8K units)
- Germany (30.2K units)
- Hungary (15.9K units)
- Netherlands (14.4K units)
- Spain (12.1K units)
- Italy (7.0K units)
- United Kingdom (6.0K units)
- Cyprus (4.4K units)
- Czech Republic (3.2K units)
- Poland (3.2K units)
- Sweden (3.2K units)
- Malaysia (2.8K units)
- China (0.1K units)
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