Norway - Multiple Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultiple Loudspeakers Price in Norway - 2023
Contents:
- Multiple Loudspeakers Price in Norway (CIF) - 2023
- Multiple Loudspeakers Price in Norway (FOB) - 2023
- Multiple Loudspeakers Imports in Norway
- Multiple Loudspeakers Exports in Norway
Multiple Loudspeakers Price in Norway (CIF) - 2023
The average multiple loudspeakers import price stood at $201 per unit in September 2023, increasing by 5.6% against the previous month. In general, import price indicated a modest increase from September 2022 to September 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, multiple loudspeakers import price increased by +5.6% against July 2023 indices. The growth pace was the most rapid in April 2023 an increase of 43% m-o-m. As a result, import price attained the peak level of $334 per unit. From May 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was South Korea ($455 per unit), while the price for Italy ($47.9 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 South Korea (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Multiple Loudspeakers Price in Norway (FOB) - 2023
In September 2023, the average multiple loudspeakers export price amounted to $166 per unit, dropping by -7.2% against the previous month. Over the period under review, the export price, however, showed a perceptible expansion. The growth pace was the most rapid in May 2023 when the average export price increased by 354% month-to-month. As a result, the export price reached the peak level of $1,105 per unit. From June 2023 to September 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Israel ($215 per unit), while the average price for exports to Germany ($138 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Multiple Loudspeakers Imports in Norway
Multiple loudspeakers imports into Norway declined to 491K units in 2022, which is down by -4% compared with 2021. Over the period under review, imports continue to indicate a mild reduction. The growth pace was the most rapid in 2021 when imports increased by 1.2% against the previous year. As a result, imports reached the peak of 512K units, and then declined slightly in the following year.
In value terms, multiple loudspeakers imports dropped to $90M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports reached the peak of $94M, and then dropped in the following year.
| Import of Multiple Loudspeakers in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 65.0 | 65.3 | 75.3 | 73.7 | 4.3% |
| Hong Kong SAR | 0.1 | 0.3 | 0.6 | 1.2 | 128.9% |
| Sweden | 1.2 | 1.0 | 1.5 | 0.5 | -25.3% |
| Others | 13.8 | 12.3 | 16.4 | 15.0 | 2.8% |
| Total | 80.2 | 78.8 | 93.9 | 90.4 | 4.1% |
Top Suppliers of Multiple Loudspeakers to Norway in 2022:
- China (433.1K units)
- Hong Kong SAR (12.6K units)
- Sweden (4.3K units)
Multiple Loudspeakers Exports in Norway
In 2022, overseas shipments of multiple loudspeakers (in enclosure) decreased by -41.1% to 34K units, falling for the second year in a row after two years of growth. Over the period under review, exports saw a dramatic descent. The pace of growth appeared the most rapid in 2020 with an increase of 14%. As a result, the exports reached the peak of 76K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, multiple loudspeakers exports reduced rapidly to $4.6M in 2022. Overall, exports showed a sharp setback. The smallest decline of -8.3% was in 2021. The exports peaked at $9.8M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Multiple Loudspeakers in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 8,152 | 7,159 | 6,854 | 3,304 | -26.0% |
| Germany | 644 | 547 | 422 | 430 | -12.6% |
| United States | 73.7 | 51.4 | 49.7 | 183 | 35.4% |
| Denmark | 56.9 | 149 | 152 | 119 | 27.9% |
| United Kingdom | 140 | 230 | 75.2 | 52.0 | -28.1% |
| Italy | 8.7 | 25.8 | 36.5 | 37.5 | 62.7% |
| Netherlands | 200 | 220 | 71.2 | 22.6 | -51.7% |
| China | 118 | 45.4 | 126 | 20.5 | -44.2% |
| Others | 361 | 420 | 328 | 468 | 9.0% |
| Total | 9,754 | 8,847 | 8,115 | 4,636 | -22.0% |
Top Export Markets for Multiple Loudspeakers from Norway in 2022:
- Sweden (22.7K units)
- Germany (4.0K units)
- Denmark (2.6K units)
- United States (1.0K units)
- Italy (0.8K units)
- China (0.4K units)
- Netherlands (0.3K units)
- United Kingdom (0.3K units)
This report provides an in-depth analysis of the multiple loudspeakers 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 26404237 - Multiple loudspeakers mounted in the same enclosure (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.
-
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
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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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