Latvia - Loudspeakers - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingLoudspeaker Price in Latvia - 2023
Contents:
- Loudspeaker Price in Latvia (CIF) - 2023
- Loudspeaker Price in Latvia (FOB) - 2022
- Loudspeaker Imports in Latvia
- Loudspeaker Exports in Latvia
Loudspeaker Price in Latvia (CIF) - 2023
In September 2023, the average loudspeaker import price amounted to $149 per unit, surging by 33% against the previous month. Over the period under review, import price indicated pronounced growth from September 2022 to September 2023: its price increased at an average monthly rate of +2.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, loudspeaker import price increased by +58.8% against May 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was France ($316 per unit), while the price for Sweden ($25.7 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Loudspeaker Price in Latvia (FOB) - 2022
In 2022, the average loudspeaker export price amounted to $118 per unit, surging by 2.7% against the previous year. Over the period under review, the export price posted buoyant growth. The growth pace was the most rapid in 2019 an increase of 45% against the previous year. Over the period under review, the average export prices attained the peak figure at $145 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($207 per unit), while the average price for exports to Poland ($34 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 Belarus (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Loudspeaker Imports in Latvia
In 2022, loudspeaker imports into Latvia expanded significantly to 216K units, picking up by 11% against the previous year's figure. Overall, imports, however, faced a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 93%. As a result, imports reached the peak of 962K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, loudspeaker imports skyrocketed to $15M in 2022. In general, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 72%. As a result, imports attained the peak of $47M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Loudspeaker in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 2.1 | 2.7 | 2.6 | 2.9 | 11.4% |
| Lithuania | 6.8 | 4.5 | 1.8 | 1.9 | -34.6% |
| Germany | 1.8 | 9.7 | 1.8 | 1.7 | -1.9% |
| Czech Republic | 1.6 | 1.0 | 0.6 | 1.0 | -14.5% |
| Netherlands | 1.0 | 2.2 | 0.5 | 0.8 | -7.2% |
| Poland | 0.5 | 0.9 | 0.6 | 0.6 | 6.3% |
| Sweden | 5.3 | 11.2 | 0.6 | 0.6 | -51.6% |
| China | 0.6 | 0.5 | 0.5 | 0.5 | -5.9% |
| Slovakia | 0.5 | 0.8 | 0.3 | 0.3 | -15.7% |
| Others | 6.9 | 12.9 | 3.1 | 4.5 | -13.3% |
| Total | 27.1 | 46.6 | 12.3 | 14.7 | -18.4% |
Top Suppliers of Loudspeaker to Latvia in 2022:
- Lithuania (58.1K units)
- Czech Republic (48.2K units)
- Estonia (25.3K units)
- China (20.6K units)
- Sweden (14.8K units)
- Poland (10.7K units)
- Netherlands (10.4K units)
- Germany (9.1K units)
- Slovakia (1.2K units)
Loudspeaker Exports in Latvia
In 2022, approx. 72K units of loudspeakers were exported from Latvia; with an increase of 5.4% compared with the previous year's figure. Over the period under review, exports, however, recorded a precipitous decline. The growth pace was the most rapid in 2020 with an increase of 63% against the previous year. As a result, the exports attained the peak of 249K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, loudspeaker exports expanded significantly to $8.5M in 2022. In general, exports, however, showed a sharp slump. The pace of growth appeared the most rapid in 2020 with an increase of 93%. As a result, the exports reached the peak of $36M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Loudspeaker in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.6 | 1.9 | 2.1 | 3.2 | 74.7% |
| Lithuania | 2.4 | 2.6 | 1.4 | 1.6 | -12.6% |
| Estonia | 0.5 | 0.6 | 0.9 | 1.1 | 30.1% |
| Belarus | N/A | N/A | N/A | 0.6 | 0% |
| China | N/A | 0.2 | 0.2 | 0.3 | 22.5% |
| United States | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Poland | 0.3 | 0.8 | 0.2 | 0.1 | -30.7% |
| Germany | 3.1 | 3.5 | 0.2 | 0.1 | -68.2% |
| Cyprus | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Czech Republic | 2.1 | 1.1 | N/A | N/A | -47.6% |
| Italy | 3.9 | 16.3 | 1.5 | N/A | -38.0% |
| Netherlands | 1.4 | 2.0 | 0.2 | N/A | -62.2% |
| Others | 4.3 | 6.9 | 1.0 | 1.2 | -34.7% |
| Total | 18.7 | 36.0 | 7.8 | 8.5 | -23.1% |
Top Export Markets for Loudspeaker from Latvia in 2022:
- Netherlands (undefinedK units)
- Czech Republic (undefinedK units)
- Russia (22.2K units)
- Lithuania (16.2K units)
- Estonia (9.7K units)
- Germany (3.7K units)
- China (3.5K units)
- Belarus (2.9K units)
- Poland (2.8K units)
- Cyprus (2.0K units)
- United States (1.7K units)
- Italy (0.1K units)
This report provides an in-depth analysis of the loudspeaker market in Latvia. 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:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
415
This report provides an in-depth analysis of the loudspeaker market in Latvia.
505
This report provides an in-depth analysis of the headphone market in Latvia.
399
This report provides an in-depth analysis of the amplifier market in Latvia.
94
This report provides an in-depth analysis of the electric sound amplifier market in Latvia.
78
This report provides an in-depth analysis of the microphone market in Latvia.
1136
This report provides an in-depth analysis of the global loudspeaker market.
474
This report provides an in-depth analysis of the global market for parts of apparatus of hs.
2644
This report provides an in-depth analysis of the global headphone market.
1308
This report provides an in-depth analysis of the global amplifier market.
369
Global Audio-Frequency Electric Amplifier Market Report 2018. This report provides an in-depth analysis of the global audio-frequency electric amplifier market.
278
Explore the top import markets for loudspeakers worldwide, including the United States, Germany, the Netherlands, China, and more. Discover key statistics and market insights.
64
Explore the top import markets for headphones in the world and the key statistics for each country. From the United States to Poland, discover where the demand for headphones is booming.
1361
In 2015, the value of total imports on the global headphone market stood at X million USD. Overall, there was an annual increase of +X% for the period from 2007 to 2015. In physical terms, the total volume of headphone was X million units in X
1262
From 2007 to 2015, global exports on the headphone market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports stood at X million units in 2015, which was X million units (X%) less than the year before.
2999
The global earphone and headphone market is expected to reach X billion USD by 2020. The industry is estimated to grow at a CAGR above +X% over the forecast period due to the recent technological advancements, which resulted in the miniaturization
3887
The global headphone market had total revenues of X million USD in 2015, exhibiting a compound annual growth rate (CAGR) of +X% from 2007 to 2015.
222
Explore the top import markets for amplifiers and discover key statistics on the global trade. Learn about the leading countries in amplifier imports and their market values.
857
In 2016, the amount of amplifier imported worldwide amounted to X tons, approximately mirroring the previous year level. In general, amplifier imports continue to indicate a deep contraction. The...
875
In 2016, the amount of amplifier imported worldwide amounted to X tons, approximately mirroring the previous year level. In general, amplifier imports continue to indicate a deep contraction. The...
1108
China dominates in the global amplifier trade. In 2014, China exported X million units of amplifiers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total amplifier export
