Report Update Apr 1, 2024

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

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Greece: Loudspeaker Market 2024

Loudspeaker Market Size in Greece

For the sixth consecutive year, the Greek loudspeaker market recorded growth in sales value, which increased by 117% to $X in 2021. Overall, consumption recorded significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Loudspeaker Exports

Exports from Greece

For the sixth consecutive year, Greece recorded growth in overseas shipments of single loudspeakers (in enclosure), which increased by 158% to X units in 2021. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 170%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, loudspeaker exports soared to $X in 2021. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2017 with an increase of 150%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Bulgaria (X units), Cyprus (X units) and Hungary (X units) were the main destinations of loudspeaker exports from Greece, together accounting for 76% of total exports. These countries were followed by Italy, Romania, France and Poland, which together accounted for a further 18%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +323.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for loudspeaker exported from Greece were Cyprus ($X), Bulgaria ($X) and Romania ($X), together comprising 62% of total exports. These countries were followed by Italy, Poland, Hungary and France, which together accounted for a further 24%.

In terms of the main countries of destination, Poland, with a CAGR of +320.7%, saw the highest growth rate of 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

In 2021, the average loudspeaker export price amounted to $X per unit, falling by -36.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Romania ($X per unit), while the average price for exports to Hungary ($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 Ukraine (+101.8%), while the prices for the other major destinations experienced more modest paces of growth.

Loudspeaker Imports

Imports into Greece

For the sixth consecutive year, Greece recorded growth in overseas purchases of single loudspeakers (in enclosure), which increased by 149% to X units in 2021. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, loudspeaker imports soared to $X in 2021. Over the period under review, imports continue to indicate resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest loudspeaker supplier to Greece, accounting for a 77% share of total imports. Moreover, loudspeaker imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +42.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+34.7% per year) and Germany (+18.4% per year).

In value terms, the largest loudspeaker suppliers to Greece were the Netherlands ($X), China ($X) and Germany ($X), together accounting for 79% of total imports.

Among the main suppliers, Germany, with a CAGR of +13.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average loudspeaker import price stood at $X per unit in 2021, which is down by -41.1% against the previous year. Overall, the import price faced a deep setback. The pace of growth was the most pronounced in 2016 an increase of 11%. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-4.3%), 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 comprising 34% of global consumption. These countries were followed by Japan, the United States, Mexico, Hungary, Vietnam, France, South Korea, Brazil, Slovakia and Spain, which together accounted 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. Indonesia ranked third in terms of total production with a 10% share.

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

In value terms, the Netherlands, China and Germany were the largest loudspeaker suppliers to Greece, with a combined 79% share of total imports.

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

In value terms, the largest markets for loudspeaker exported from Greece were Cyprus, Bulgaria and Romania, together accounting for 62% of total exports. These countries were followed by Italy, Poland, Hungary and France, which together accounted for a further 24%.

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

The average loudspeaker export price stood at $10 per unit in 2021, falling by -36.9% against the previous year.

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

The average loudspeaker import price stood at $2.1 per unit in 2021, shrinking by -41.1% against the previous year.

This report provides an in-depth analysis of the loudspeaker market in Greece. 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:

Greece

Data coverage:

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