Report Update Apr 1, 2024

Czech Republic - Single Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends and Insights

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Czech Republic: Loudspeaker Market 2024

Loudspeaker Market Size in the Czech Republic

In 2021, after three years of growth, there was decline in the Czech loudspeaker market, when its value decreased by -0.6% to $X. Overall, consumption showed a remarkable increase. Loudspeaker consumption peaked at $X in 2020, and then dropped in the following year.

Loudspeaker Exports

Exports from the Czech Republic

For the third year in a row, the Czech Republic recorded growth in shipments abroad of single loudspeakers (in enclosure), which increased by 104% to X units in 2021. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 139%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, loudspeaker exports soared to $X in 2021. Over the period under review, exports showed strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by 114%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

The United Arab Emirates (X units), Germany (X units) and Slovakia (X units) were the main destinations of loudspeaker exports from the Czech Republic, with a combined 46% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +98.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for single loudspeakers (in enclosure) exports from the Czech Republic, comprising 33% of total exports. The second position in the ranking was held by Slovakia ($X), with an 11% share of total exports. It was followed by the United Arab Emirates, with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +38.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+12.8% per year) and the United Arab Emirates (+92.4% per year).

Export Prices by Country

In 2021, the average loudspeaker export price amounted to $X per unit, waning by -39.3% against the previous year. In general, the export price showed a pronounced slump. The growth pace was the most rapid in 2018 an increase of 76%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (-2.7%), while the prices for the other major destinations experienced a decline.

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Loudspeaker Imports

Imports into the Czech Republic

For the fourth consecutive year, the Czech Republic recorded growth in supplies from abroad of single loudspeakers (in enclosure), which increased by 21% to X units in 2021. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 129%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, loudspeaker imports soared to $X in 2021. Over the period under review, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 44%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

Imports by Country

Germany (X units), Belgium (X units) and Italy (X units) were the main suppliers of loudspeaker imports to the Czech Republic, together accounting for 49% of total imports. These countries were followed by the Netherlands, China, Poland and Slovakia, which together accounted for a further 42%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +96.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest loudspeaker suppliers to the Czech Republic were Italy ($X), the Netherlands ($X) and China ($X), together comprising 45% of total imports.

The Netherlands, with a CAGR of +76.8%, saw the highest growth rate of 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 2021, the average loudspeaker import price amounted to $X per unit, waning by -4.1% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 47%. Over the period under review, average import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for single loudspeakers (in enclosure) in the world?

The countries with the highest volumes of consumption in 2021 were Belgium, Germany and Indonesia, together accounting for 34% of global consumption. Japan, the United States, Mexico, Hungary, Vietnam, France, South Korea, Brazil, Slovakia and Spain lagged somewhat behind, together accounting for a further 34%.

What are the largest producers of single loudspeakers (in enclosure) in the world?

China remains the largest loudspeaker producing country worldwide, comprising approx. 47% of total volume. Moreover, loudspeaker production in China exceeded the figures recorded by the second-largest producer, Belgium, twofold. The third position in this ranking was held by Indonesia, with a 10% share.

What are the leading suppliers of single loudspeakers (in enclosure) to the Czech Republic?

In value terms, Italy, the Netherlands and China constituted the largest loudspeaker suppliers to the Czech Republic, with a combined 45% share of total imports.

What are the leading importers of single loudspeakers (in enclosure) from the Czech Republic?

In value terms, Germany remains the key foreign market for single loudspeakers in enclosure) exports from the Czech Republic, comprising 33% of total exports. The second position in the ranking was held by Slovakia, with an 11% share of total exports. It was followed by the United Arab Emirates, with a 7.1% share.

What is the average export price for single loudspeakers (in enclosure) in the Czech Republic?

In 2021, the average loudspeaker export price amounted to $7.4 per unit, dropping by -39.3% against the previous year.

What is the average import price for single loudspeakers (in enclosure) in the Czech Republic?

In 2021, the average loudspeaker import price amounted to $3.5 per unit, with a decrease of -4.1% against the previous year.

This report provides an in-depth analysis of the loudspeaker market in the Czech Republic. 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 26404235 - Single loudspeakers mounted in their enclosures (including frames or cabinets mainly designed for mounting loudspeakers)

Country coverage:

Czech Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Czech Republic
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