Report Update Apr 1, 2024

Belarus - Loudspeakers (Not in Enclosure) - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Non-Enclosed Loudspeakers Market 2024

Non-Enclosed Loudspeakers Market Size in Belarus

In 2021, the Belarusian non-enclosed loudspeakers market decreased by -9.6% to $X for the first time since 2015, thus ending a five-year rising trend. Over the period under review, consumption, however, posted a resilient increase. Over the period under review, the market hit record highs at $X in 2020, and then reduced in the following year.

Non-Enclosed Loudspeakers Exports

Exports from Belarus

In 2021, shipments abroad of loudspeakers (not in enclosure) increased by 202% to X units, rising for the sixth year in a row after two years of decline. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 401% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, non-enclosed loudspeakers exports skyrocketed to $X in 2021. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 464% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Russia (X units) was the main destination for non-enclosed loudspeakers exports from Belarus, accounting for a 91% share of total exports. Moreover, non-enclosed loudspeakers exports to Russia exceeded the volume sent to the second major destination, Turkey (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled +58.3%.

In value terms, Russia ($X) remains the key foreign market for loudspeakers (not in enclosure) exports from Belarus, comprising 90% of total exports. The second position in the ranking was held by Turkey ($X), with a 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at +44.3%.

Export Prices by Country

The average non-enclosed loudspeakers export price stood at $X per unit in 2021, falling by -37.3% against the previous year. Over the period under review, the export price saw a abrupt slump. The growth pace was the most rapid in 2015 an increase of 60%. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per unit), while the average price for exports to Turkey totaled less than $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-8.9%).

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Non-Enclosed Loudspeakers Imports

Imports into Belarus

After five years of growth, overseas purchases of loudspeakers (not in enclosure) decreased by -19.8% to X units in 2021. In general, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by 88%. Over the period under review, imports attained the peak figure at X units in 2020, and then contracted remarkably in the following year.

In value terms, non-enclosed loudspeakers imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 66% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest non-enclosed loudspeakers supplier to Belarus, accounting for a 71% share of total imports. Moreover, non-enclosed loudspeakers imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+33.2% per year) and Hong Kong SAR (+96.2% per year).

In value terms, the largest non-enclosed loudspeakers suppliers to Belarus were Russia ($X), China ($X) and Hong Kong SAR ($X), with a combined 94% share of total imports.

Hong Kong SAR, with a CAGR of +84.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average non-enclosed loudspeakers import price amounted to $X per unit, increasing by 47% against the previous year. In general, the import price, however, recorded a pronounced setback. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Russia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-5.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for loudspeakers (not in enclosure) in the world?

The countries with the highest volumes of consumption in 2021 were India, China and Japan, together accounting for 35% of global consumption. Hong Kong SAR, Germany, the United States, Thailand, Mexico, South Korea, Vietnam, Hungary, Brazil and Poland lagged somewhat behind, together accounting for a further 41%.

What are the largest producers of loudspeakers (not in enclosure) in the world?

The country with the largest volume of non-enclosed loudspeakers production was China, accounting for 53% of total volume. Moreover, non-enclosed loudspeakers production in China exceeded the figures recorded by the second-largest producer, Vietnam, threefold. Hong Kong SAR ranked third in terms of total production with a 6.5% share.

What are the leading suppliers of loudspeakers (not in enclosure) to Belarus?

In value terms, the largest non-enclosed loudspeakers suppliers to Belarus were Russia, China and Hong Kong SAR, with a combined 94% share of total imports.

What are the leading importers of loudspeakers (not in enclosure) from Belarus?

In value terms, Russia remains the key foreign market for loudspeakers not in enclosure) exports from Belarus, comprising 90% of total exports. The second position in the ranking was held by Turkey $790), with a 0.1% share of total exports.

What is the average export price for loudspeakers (not in enclosure) in Belarus?

The average non-enclosed loudspeakers export price stood at $1.6 per unit in 2021, reducing by -37.3% against the previous year.

What is the average import price for loudspeakers (not in enclosure) in Belarus?

In 2021, the average non-enclosed loudspeakers import price amounted to $1.3 per unit, with an increase of 47% against the previous year.

This report provides an in-depth analysis of the non-enclosed loudspeakers market in Belarus. 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 26404239 - Loudspeakers (including speaker drive units, frames or cabinets mainly designed for mounting loudspeakers) (excluding those mounted in their enclosures)

Country coverage:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023