Germany - Loudspeakers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLoudspeaker Price in Germany - 2023
Contents:
- Loudspeaker Price in Germany (CIF) - 2023
- Loudspeaker Price in Germany (FOB) - 2023
- Loudspeaker Imports in Germany
- Loudspeaker Exports in Germany
Loudspeaker Price in Germany (CIF) - 2023
In August 2023, the average loudspeaker import price amounted to $33.4 per unit, declining by -7.2% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in October 2022 when the average import price increased by 17% against the previous month. Over the period under review, average import prices attained the peak figure at $37.6 per unit in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($148 per unit), while the price for Myanmar ($3.1 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 Vietnam (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Loudspeaker Price in Germany (FOB) - 2023
The average loudspeaker export price stood at $45.9 per unit in August 2023, waning by -13.8% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average export price increased by 60% month-to-month. The export price peaked at $73.5 per unit in January 2023; however, from February 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was the United States ($118 per unit), while the average price for exports to Turkey ($10.3 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 Portugal (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Loudspeaker Imports in Germany
In 2022, the amount of loudspeakers imported into Germany expanded significantly to 72M units, surging by 10% against the year before. In general, imports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 15%. Over the period under review, imports reached the peak figure at 85M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, loudspeaker imports contracted slightly to $1.4B in 2022. The total import value increased at an average annual rate of +1.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 10%. As a result, imports reached the peak of $1.4B, leveling off in the following year.
| Import of Loudspeaker in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 599 | 272 | 373 | 371 | -14.8% |
| Netherlands | 42.0 | 318 | 354 | 338 | 100.4% |
| Poland | 82.7 | 86.5 | 97.7 | 91.9 | 3.6% |
| Belgium | 33.4 | 104 | 80.4 | 80.6 | 34.1% |
| Hungary | 69.5 | 65.9 | 56.2 | 63.1 | -3.2% |
| Italy | 55.4 | 63.8 | 54.2 | 61.4 | 3.5% |
| Vietnam | 60.4 | 41.7 | 69.0 | 56.6 | -2.1% |
| Czech Republic | 43.5 | 44.3 | 42.5 | 35.2 | -6.8% |
| Mexico | 48.1 | 13.7 | 15.3 | 13.1 | -35.2% |
| Others | 291 | 238 | 233 | 254 | -4.4% |
| Total | 1,325 | 1,247 | 1,375 | 1,366 | 1.0% |
Top Suppliers of Loudspeaker to Germany in 2022:
- China (13.8M units)
- Poland (13.6M units)
- Belgium (12.1M units)
- Vietnam (7.3M units)
- Hungary (5.3M units)
- Netherlands (4.6M units)
- Italy (3.3M units)
- Czech Republic (2.5M units)
- Mexico (0.8M units)
Loudspeaker Exports in Germany
In 2022, exports of loudspeakers from Germany was estimated at 47M units, surging by 7.8% on the previous year's figure. The total export volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, loudspeaker exports rose markedly to $883M in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Loudspeaker in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 64.3 | 55.9 | 72.0 | 90.1 | 11.9% |
| Italy | 74.5 | 84.4 | 80.5 | 86.5 | 5.1% |
| China | 58.0 | 70.1 | 69.3 | 58.4 | 0.2% |
| United Kingdom | 61.1 | 49.2 | 55.0 | 57.4 | -2.1% |
| Spain | 45.1 | 42.4 | 48.1 | 54.4 | 6.4% |
| United States | 46.2 | 43.5 | 53.0 | 50.6 | 3.1% |
| Switzerland | 27.5 | 28.5 | 33.6 | 47.7 | 20.2% |
| Poland | 52.0 | 48.5 | 50.2 | 45.5 | -4.4% |
| Netherlands | 53.8 | 43.8 | 41.8 | 41.9 | -8.0% |
| Austria | 29.3 | 25.7 | 29.0 | 39.8 | 10.7% |
| Czech Republic | 22.8 | 14.5 | 17.3 | 20.9 | -2.9% |
| Romania | 5.5 | 5.3 | 7.6 | 12.5 | 31.5% |
| Turkey | 7.8 | 8.8 | 10.3 | 11.6 | 14.1% |
| Others | 264 | 215 | 235 | 266 | 0.3% |
| Total | 812 | 735 | 802 | 883 | 2.8% |
Top Export Markets for Loudspeaker from Germany in 2022:
- France (8.5M units)
- Italy (5.7M units)
- Spain (4.0M units)
- Poland (3.8M units)
- Austria (3.8M units)
- United Kingdom (3.4M units)
- China (2.0M units)
- Netherlands (1.9M units)
- Switzerland (1.8M units)
- United States (1.7M units)
- Czech Republic (1.7M units)
- Turkey (1.0M units)
- Romania (0.9M units)
This report provides an in-depth analysis of the loudspeaker market in Germany. 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 26404235 - Single loudspeakers mounted in their enclosures (including frames or cabinets mainly designed for mounting loudspeakers)
- Prodcom 26404237 - Multiple loudspeakers mounted in the same enclosure (including frames or cabinets mainly designed for mounting loudspeakers)
- Prodcom 26404239 - Loudspeakers (including speaker drive units, frames or cabinets mainly designed for mounting loudspeakers) (excluding those mounted in their enclosures)
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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
- 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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