Non-Enclosed Loudspeakers Price in Estonia - 2023

Contents:

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

Non-Enclosed Loudspeakers Price in Estonia (CIF) - 2022

In 2022, the average non-enclosed loudspeakers import price amounted to $17 per unit, jumping by 66% against the previous year. Over the period under review, the import price continues to indicate notable growth. The pace of growth was the most pronounced in 2020 an increase of 74%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain 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 Russia ($31 per unit), while the price for Taiwan (Chinese) ($2.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.2%), while the prices for the other major suppliers experienced a decline.

Non-Enclosed Loudspeakers Price in Estonia (FOB) - 2022

The average non-enclosed loudspeakers export price stood at $27 per unit in 2022, picking up by 86% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +8.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($47 per unit), while the average price for exports to Finland ($9 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 Russia (+16.0%), while the prices for the other major destinations experienced a decline.

Non-Enclosed Loudspeakers Imports in Estonia

In 2022, imports of loudspeakers (not in enclosure) into Estonia surged to 190K units, with an increase of 16% against the year before. Overall, imports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. Imports peaked at 357K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, non-enclosed loudspeakers imports surged to $3.2M in 2022. In general, imports saw a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Non-Enclosed Loudspeakers in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2423074392,057104.1%
China1,299155273308-38.1%
Belgium5.7211397170210.1%
Netherlands5.618.549.666.7128.4%
Germany70.016.725.645.7-13.2%
Denmark2.46.615.245.3166.3%
Sweden24.024.112.632.610.7%
Vietnam193N/A1.24.2-72.1%
France21.425.83.81.1-62.8%
Others12924646150457.5%
Total1,9921,0101,6783,23517.5%

Top Suppliers of Non-Enclosed Loudspeakers to Estonia in 2022:

  1. China (90.2K units)
  2. Russia (66.4K units)
  3. Belgium (8.4K units)
  4. Sweden (5.6K units)
  5. Netherlands (5.3K units)
  6. Denmark (3.2K units)
  7. Germany (3.0K units)
  8. France (0.3K units)
  9. Vietnam (0.1K units)

Non-Enclosed Loudspeakers Exports in Estonia

In 2022, the amount of loudspeakers (not in enclosure) exported from Estonia skyrocketed to 75K units, jumping by 74% compared with the previous year. Over the period under review, exports, however, showed a pronounced decrease. The exports peaked at 85K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, non-enclosed loudspeakers exports skyrocketed to $2.1M in 2022. In general, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Non-Enclosed Loudspeakers in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.555.278.21,371424.5%
Latvia72.460.817120942.4%
Finland1221381811414.9%
Lithuania57.957.658.482.912.7%
Russia33423.820.741.9-49.9%
Germany5310.713.23.0-82.2%
Others14183.411622016.0%
Total1,2684206402,06817.7%

Top Export Markets for Non-Enclosed Loudspeakers from Estonia in 2022:

  1. United States (39.4K units)
  2. Finland (15.7K units)
  3. Latvia (10.9K units)
  4. Lithuania (5.8K units)
  5. Russia (0.9K units)
  6. Germany (0.1K units)

Source: IndexBox Market Intelligence Platform

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