Hungary - Multiple Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultiple Loudspeakers Price in Hungary - 2023
Contents:
- Multiple Loudspeakers Price in Hungary (CIF) - 2023
- Multiple Loudspeakers Price in Hungary (FOB) - 2022
- Multiple Loudspeakers Imports in Hungary
- Multiple Loudspeakers Exports in Hungary
Multiple Loudspeakers Price in Hungary (CIF) - 2023
The average multiple loudspeakers import price stood at $92.0 per unit in August 2023, surging by 20% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.2%. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 37% month-to-month. The import price peaked in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Belgium ($346 per unit), while the price for China ($48.4 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 France (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Multiple Loudspeakers Price in Hungary (FOB) - 2022
The average multiple loudspeakers export price stood at $89 per unit in 2022, increasing by 39% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, multiple loudspeakers export price increased by +40.8% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 54%. Over the period under review, the average export prices reached the maximum at $97 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
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 the United States ($201 per unit), while the average price for exports to Estonia ($13 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 Bulgaria (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Multiple Loudspeakers Imports in Hungary
In 2022, supplies from abroad of multiple loudspeakers (in enclosure) decreased by -9.6% to 860K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 23% against the previous year. Over the period under review, imports attained the maximum at 951K units in 2021, and then dropped in the following year.
In value terms, multiple loudspeakers imports contracted slightly to $21M in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 13% against the previous year. Imports peaked at $22M in 2021, and then dropped in the following year.
Import of Multiple Loudspeakers in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.4 | 5.6 | 7.7 | 6.9 | 26.6% |
Netherlands | 4.3 | 5.5 | 6.3 | 5.1 | 5.9% |
Germany | 3.0 | 2.6 | 1.9 | 1.6 | -18.9% |
Belgium | 1.1 | 1.0 | 1.3 | 1.2 | 2.9% |
Czech Republic | 0.4 | 0.4 | 0.5 | 1.1 | 40.1% |
Slovakia | 1.0 | 1.4 | 0.9 | 0.7 | -11.2% |
Romania | 0.5 | 0.5 | 0.5 | 0.4 | -7.2% |
Poland | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
Others | 4.0 | 3.1 | 3.0 | 4.2 | 1.6% |
Total | 17.7 | 20.1 | 22.4 | 21.4 | 6.5% |
Top Suppliers of Multiple Loudspeakers to Hungary in 2022:
- China (377.7K units)
- Netherlands (223.4K units)
- Czech Republic (50.0K units)
- Germany (40.2K units)
- Slovakia (34.9K units)
- Belgium (28.3K units)
- Poland (26.9K units)
- Romania (20.0K units)
Multiple Loudspeakers Exports in Hungary
In 2022, approx. 64K units of multiple loudspeakers (in enclosure) were exported from Hungary; jumping by 50% against 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at 75K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, multiple loudspeakers exports soared to $5.7M in 2022. Over the period under review, exports enjoyed a slight expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Multiple Loudspeakers in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Croatia | 796 | 145 | 133 | 1,331 | 18.7% |
Bulgaria | 442 | 331 | 127 | 1,044 | 33.2% |
Slovenia | 312 | 43.2 | 67.6 | 875 | 41.0% |
United States | 337 | 217 | 256 | 663 | 25.3% |
Romania | 341 | 744 | 393 | 407 | 6.1% |
Slovakia | 267 | 755 | 344 | 331 | 7.4% |
Czech Republic | 607 | 380 | 157 | 176 | -33.8% |
United Kingdom | 12.3 | 10.2 | 12.0 | 99.8 | 100.9% |
Poland | 37.0 | 28.5 | 35.8 | 75.6 | 26.9% |
Austria | 33.3 | 130 | 217 | 59.3 | 21.2% |
France | 16.5 | 13.1 | 2.3 | 42.0 | 36.5% |
Spain | 63.3 | 28.0 | 0.2 | 32.4 | -20.0% |
Estonia | N/A | N/A | N/A | 26.0 | 0% |
Others | 2,218 | 1,954 | 979 | 529 | -38.0% |
Total | 5,481 | 4,779 | 2,724 | 5,692 | 1.3% |
Top Export Markets for Multiple Loudspeakers from Hungary in 2022:
- Croatia (12.7K units)
- Slovakia (11.4K units)
- Bulgaria (6.5K units)
- Slovenia (5.0K units)
- United Kingdom (3.9K units)
- United States (3.3K units)
- Poland (2.9K units)
- Romania (2.5K units)
- Czech Republic (1.9K units)
- Estonia (1.9K units)
- Spain (1.7K units)
- France (1.4K units)
- Austria (1.4K units)
This report provides an in-depth analysis of the multiple loudspeakers market in Hungary. 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 26404237 - Multiple loudspeakers mounted in the same enclosure (including frames or cabinets mainly designed for mounting loudspeakers)
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- 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
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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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