Multiple Loudspeakers Price in Estonia - 2023

Contents:

  1. Multiple Loudspeakers Price in Estonia (CIF) - 2022
  2. Multiple Loudspeakers Price in Estonia (FOB) - 2023
  3. Multiple Loudspeakers Imports in Estonia
  4. Multiple Loudspeakers Exports in Estonia

Multiple Loudspeakers Price in Estonia (CIF) - 2022

The average multiple loudspeakers import price stood at $128 per unit in 2022, picking up by 29% against the previous year. Over the period under review, the import price recorded a pronounced increase. The growth pace was the most rapid in 2014 when the average import price increased by 43% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($201 per unit), while the price for China ($74 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Multiple Loudspeakers Price in Estonia (FOB) - 2023

The average multiple loudspeakers export price stood at $240 per unit in October 2023, which is down by -21.5% against the previous month. Overall, the export price, however, enjoyed a tangible expansion. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 104% against the previous month. Over the period under review, the average export prices reached the peak figure at $368 per unit in December 2022; however, from January 2023 to October 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Russia ($2,554 per unit), while the average price for exports to Finland ($57.2 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+28.9%), while the prices for the other major destinations experienced more modest paces of growth.

Multiple Loudspeakers Imports in Estonia

In 2022, after two years of decline, there was significant growth in supplies from abroad of multiple loudspeakers (in enclosure), when their volume increased by 15% to 102K units. Overall, imports, however, showed a abrupt curtailment. Imports peaked at 146K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, multiple loudspeakers imports soared to $13M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Multiple Loudspeakers in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.64.63.36.334.3%
Germany1.21.41.01.814.5%
Latvia0.60.81.31.432.6%
FinlandN/A0.30.40.641.4%
China3.60.40.40.5-48.2%
SwedenN/A0.10.20.373.2%
Lithuania0.10.20.10.226.0%
Others2.91.62.02.0-11.6%
Total11.09.28.813.05.7%

Top Suppliers of Multiple Loudspeakers to Estonia in 2022:

  1. Netherlands (58.1K units)
  2. Germany (10.7K units)
  3. Latvia (8.8K units)
  4. China (6.9K units)
  5. Finland (2.8K units)
  6. Lithuania (2.4K units)
  7. Sweden (1.9K units)

Multiple Loudspeakers Exports in Estonia

In 2022, overseas shipments of multiple loudspeakers (in enclosure) were finally on the rise to reach 51K units after two years of decline. Overall, exports, however, showed a abrupt decrease. The exports peaked at 64K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, multiple loudspeakers exports surged to $9.6M in 2022. The total export value increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Multiple Loudspeakers in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia2,1612,4791,8592,4684.5%
Lithuania1,2991,6181,1901,89613.4%
Russia1,4146296411,029-10.1%
United Kingdom4605085705616.8%
Finland99.623330024935.7%
Norway11763.911518115.7%
Sweden10270.725314311.9%
Czech Republic83.368.677.5N/A-3.5%
Others1,6341,1652,0363,10023.8%
Total7,3706,8347,0419,6269.3%

Top Export Markets for Multiple Loudspeakers from Estonia in 2022:

  1. Latvia (23.0K units)
  2. Lithuania (14.7K units)
  3. Russia (2.8K units)
  4. United Kingdom (2.3K units)
  5. Sweden (1.8K units)
  6. Finland (1.3K units)
  7. Norway (0.8K units)

Source: IndexBox Market Intelligence Platform

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