Norway - Single Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLoudspeaker Price in Norway - 2023
Contents:
- Loudspeaker Price in Norway (CIF) - 2023
- Loudspeaker Price in Norway (FOB) - 2022
- Loudspeaker Imports in Norway
- Loudspeaker Exports in Norway
Loudspeaker Price in Norway (CIF) - 2023
The average loudspeaker import price stood at $62.6 per unit in September 2023, waning by -44.7% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average import price increased by 58% m-o-m. As a result, import price attained the peak level of $113 per unit, and then shrank remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($56.8 per unit), while the price for the Netherlands ($11.1 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 Taiwan (Chinese) (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Loudspeaker Price in Norway (FOB) - 2022
In 2022, the average loudspeaker export price amounted to $83 per unit, which is down by -4.5% against the previous year. Overall, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 4.9%. The export price peaked at $113 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($124 per unit), while the average price for exports to Germany ($51 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 Sweden (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Loudspeaker Imports in Norway
In 2022, after two years of decline, there was growth in purchases abroad of single loudspeakers (in enclosure), when their volume increased by 3.6% to 326K units. Overall, imports, however, recorded a abrupt downturn. Imports peaked at 401K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, loudspeaker imports dropped to $17M in 2022. In general, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 3.7% against the previous year. Imports peaked at $21M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Loudspeaker in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.5 | 12.4 | 12.3 | 11.7 | -8.9% |
| Germany | 0.7 | 0.7 | 0.7 | 0.8 | 4.6% |
| Indonesia | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Hong Kong SAR | 0.2 | 0.2 | N/A | 0.1 | -20.6% |
| Others | 3.9 | 4.1 | 4.9 | 4.2 | 2.5% |
| Total | 20.6 | 17.7 | 18.4 | 17.2 | -5.8% |
Top Suppliers of Loudspeaker to Norway in 2022:
- China (263.2K units)
- Hong Kong SAR (21.0K units)
- Germany (7.9K units)
- Indonesia (5.1K units)
Loudspeaker Exports in Norway
In 2022, shipments abroad of single loudspeakers (in enclosure) increased by 12% to 155K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a perceptible decline. Over the period under review, the exports hit record highs at 177K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, loudspeaker exports expanded remarkably to $13M in 2022. Overall, exports, however, continue to indicate a noticeable decline. The exports peaked at $15M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Loudspeaker in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.4 | 4.8 | 4.5 | 3.5 | -13.5% |
| United Kingdom | 1.1 | 1.0 | 1.5 | 1.6 | 13.3% |
| Singapore | 1.0 | 1.0 | 0.7 | 1.2 | 6.3% |
| China | 0.8 | 0.7 | 0.8 | 0.7 | -4.4% |
| United States | 0.5 | 0.7 | 0.7 | 0.6 | 6.3% |
| Denmark | 0.3 | 0.3 | 0.3 | 0.6 | 26.0% |
| Kyrgyzstan | N/A | N/A | N/A | 0.4 | 0% |
| Turkey | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Sweden | 1.5 | 0.4 | 0.3 | 0.3 | -41.5% |
| United Arab Emirates | 0.6 | 0.9 | 0.6 | 0.3 | -20.6% |
| Others | 3.3 | 2.7 | 2.4 | 3.2 | -1.0% |
| Total | 14.9 | 12.8 | 12.0 | 12.8 | -4.9% |
Top Export Markets for Loudspeaker from Norway in 2022:
- Germany (70.0K units)
- United Kingdom (19.2K units)
- Singapore (9.8K units)
- China (6.6K units)
- United States (5.6K units)
- Denmark (4.7K units)
- Kyrgyzstan (4.2K units)
- Turkey (4.1K units)
- Sweden (3.8K units)
- United Arab Emirates (2.2K units)
This report provides an in-depth analysis of the loudspeaker market in Norway. 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)
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- 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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