Europe: Microphone Market 2024

Microphone Market Size in Europe

After six years of growth, the Europe microphone market decreased by X% to $X in 2022. The total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. Over the period under review, the market attained the peak level at $X in 2021, and then contracted in the following year.

Microphone Production in Europe

In value terms, microphone production expanded significantly to $X in 2022 estimated in export price. The total production indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Microphone Exports

Exports in Europe

In 2022, shipments abroad of microphones and their stands increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, microphone exports fell to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

Germany was the main exporting country with an export of around X units, which recorded X% of total exports. The Netherlands (X units) held the second position in the ranking, distantly followed by Poland (X units). All these countries together took near X% share of total exports. Denmark (X units), the UK (X units), Romania (X units), Sweden (X units), Hungary (X units), Belgium (X units), the Czech Republic (X units), France (X units) and Belarus (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to microphone exports from Germany stood at X%. At the same time, Romania (X%), Belarus (X%), Sweden (X%), the Netherlands (X%), Hungary (X%), France (X%), Belgium (X%) and the UK (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. The Czech Republic experienced a relatively flat trend pattern. By contrast, Poland (X%) and Denmark (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, Poland, Germany, Denmark, Romania, Sweden, the Czech Republic, Belarus and Hungary increased by X, X, X, X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest microphone supplying countries in Europe were Germany ($X), the Netherlands ($X) and Denmark ($X), together comprising X% of total exports. The UK, Belgium, Hungary, Poland, France, Romania, Sweden, the Czech Republic and Belarus lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, falling by X% against the previous year. Overall, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Denmark ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Microphone Imports

Imports in Europe

In 2022, overseas purchases of microphones and their stands increased by X% to X units, rising for the sixth year in a row after two years of decline. In general, imports showed buoyant growth. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, microphone imports fell to $X in 2022. Overall, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

The countries with the highest levels of microphone imports in 2022 were Germany (X units), the Netherlands (X units) and France (X units), together amounting to X% of total import. The UK (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Russia (X%). Belgium (X units), Italy (X units), Hungary (X units), Poland (X units), Switzerland (X units), Spain (X units), Sweden (X units) and Greece (X units) followed a long way behind the leaders.

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

In value terms, Germany ($X), the Netherlands ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per unit), while Greece ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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