Czech Republic: Microphone Market 2024

Microphone Market Size in the Czech Republic

The Czech microphone market expanded notably to $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Microphone Exports

Exports from the Czech Republic

In 2022, after ten years of growth, there was significant decline in overseas shipments of microphones and their stands, when their volume decreased by X% to X units. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then plummeted in the following year.

In value terms, microphone exports dropped to $X in 2022. Overall, exports, however, saw a strong increase. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Slovakia (X units), the Netherlands (X units) and Germany (X units) were the main destinations of microphone exports from the Czech Republic, together accounting for X% of total exports. France, Hungary, the UK, the United Arab Emirates, Egypt, Poland, Latvia, Belgium and Spain lagged somewhat behind, together accounting for a further X%.

From 2020 to 2022, the biggest increases were recorded for Egypt (with a CAGR of X.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for microphone exported from the Czech Republic were Slovakia ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of total exports. France, the UK, Poland, Belgium, Spain, Latvia, Egypt, the United Arab Emirates and Hungary lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Egypt, with a CAGR of X.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average microphone export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 France ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Microphone Imports

Imports into the Czech Republic

In 2022, purchases abroad of microphones and their stands decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. In general, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2021, and then fell in the following year.

In value terms, microphone imports fell dramatically to $X in 2022. Overall, imports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

Germany (X units), China (X units) and Lao People's Democratic Republic (X units) were the main suppliers of microphone imports to the Czech Republic, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest microphone suppliers to the Czech Republic were China ($X), Germany ($X) and the Netherlands ($X), together accounting for X% of total imports. Poland, Hungary, Slovakia, Denmark, the United States, Australia, the UK, Lao People's Democratic Republic, Belgium and South Korea lagged somewhat behind, together comprising a further X%.

Lao People's Democratic Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 2022, the average microphone import price amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price recorded a pronounced setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 South Korea ($X per unit), while the price for Lao People's Democratic Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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