Multiple Loudspeakers Price in Lithuania - 2023

Contents:

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

Multiple Loudspeakers Price in Lithuania (CIF) - 2023

The average multiple loudspeakers import price stood at $226 per unit in October 2023, growing by 47% against the previous month. In general, import price indicated a modest expansion from October 2022 to October 2023: its price increased at an average monthly rate of +1.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, multiple loudspeakers import price decreased by -12.9% against August 2023 indices. The pace of growth was the most pronounced in August 2023 an increase of 66% against the previous month. As a result, import price reached the peak level of $260 per unit. From September 2023 to October 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Finland ($551 per unit), while the price for Poland ($20.4 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Finland (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Multiple Loudspeakers Price in Lithuania (FOB) - 2022

In 2022, the average multiple loudspeakers export price amounted to $147 per unit, shrinking by -16.9% against the previous year. In general, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of 91%. The export price peaked at $177 per unit in 2021, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($381 per unit), while the average price for exports to Cambodia ($9.8 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 the Netherlands (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Multiple Loudspeakers Imports in Lithuania

Multiple loudspeakers imports into Lithuania rose sharply to 121K units in 2022, surging by 15% on 2021 figures. Overall, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Imports peaked at 151K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, multiple loudspeakers imports expanded remarkably to $14M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor 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 Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia1.21.82.02.934.2%
Estonia1.31.62.01.811.5%
Germany1.91.52.31.8-1.8%
Finland1.40.80.71.40.0%
China1.20.51.21.32.7%
Poland0.30.20.41.049.4%
Netherlands0.60.30.50.2-30.7%
Spain0.10.10.20.226.0%
Sweden0.90.30.30.1-51.9%
Others3.53.92.83.1-4.0%
Total12.411.012.314.04.1%

Top Suppliers of Multiple Loudspeakers to Lithuania in 2022:

  1. China (33.8K units)
  2. Poland (21.0K units)
  3. Latvia (16.3K units)
  4. Estonia (15.4K units)
  5. Germany (7.7K units)
  6. Finland (7.5K units)
  7. Spain (3.2K units)
  8. Netherlands (3.1K units)
  9. Sweden (2.0K units)

Multiple Loudspeakers Exports in Lithuania

In 2022, approx. 66K units of multiple loudspeakers (in enclosure) were exported from Lithuania; increasing by 9.4% on 2021. In general, exports, however, recorded a abrupt contraction. The exports peaked at 112K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, multiple loudspeakers exports fell to $9.7M in 2022. Over the period under review, exports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 9.2%. The exports peaked at $12M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Multiple Loudspeakers in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia5,0296,6956,4292,038-26.0%
Kazakhstan3012002411,90985.1%
Poland47533140079618.8%
Latvia861523672637-9.6%
Estonia19720328234420.4%
Netherlands68.878.731828159.8%
Belarus1,207861319245-41.2%
Taiwan (Chinese)N/AN/A73.9193161.2%
Germany1,258216448143-51.6%
United Kingdom80.932.413.710810.1%
Austria30240.248.392.4-32.6%
Turkey31.916.23.570.830.4%
CambodiaN/AN/A72.750.9-30.0%
Others2,1306181,4022,83610.0%
Total11,9429,81510,7229,745-6.6%

Top Export Markets for Multiple Loudspeakers from Lithuania in 2022:

  1. Latvia (11.0K units)
  2. Russia (7.4K units)
  3. Poland (5.9K units)
  4. Cambodia (5.2K units)
  5. Kazakhstan (5.0K units)
  6. Estonia (4.7K units)
  7. Taiwan (Chinese) (2.3K units)
  8. Austria (2.2K units)
  9. Germany (2.1K units)
  10. United Kingdom (1.7K units)
  11. Turkey (1.6K units)
  12. Netherlands (1.6K units)
  13. Belarus (1.5K units)

Source: IndexBox Market Intelligence Platform

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