Ukraine: Multiple Loudspeakers Market 2024

Multiple Loudspeakers Market Size in Ukraine

In 2021, the Ukrainian multiple loudspeakers market increased by 5.2% to $X, rising for the sixth consecutive year after three years of decline. Overall, consumption, however, recorded a slight decrease. Multiple loudspeakers consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Multiple Loudspeakers Production in Ukraine

In value terms, multiple loudspeakers production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 1,669%. Multiple loudspeakers production peaked at $X in 2020, and then declined in the following year.

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Multiple Loudspeakers Exports

Exports from Ukraine

In 2021, the amount of multiple loudspeakers (in enclosure) exported from Ukraine amounted to X units, increasing by 4.8% against the year before. Over the period under review, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 185%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, multiple loudspeakers exports expanded rapidly to $X in 2021. Overall, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of 113% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Belgium (X units), Poland (X units) and Moldova (X units) were the main destinations of multiple loudspeakers exports from Ukraine, together comprising 44% of total exports. These countries were followed by Belarus, Romania, Georgia, Russia, Lithuania, South Korea, Malaysia, Indonesia, Saudi Arabia and Turkey, which together accounted for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +233.3%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Belarus ($X) and Moldova ($X) constituted the largest markets for multiple loudspeakers exported from Ukraine worldwide, with a combined 48% share of total exports. Romania, South Korea, Saudi Arabia, Indonesia, Turkey, Malaysia, Poland, Georgia, Russia and Lithuania lagged somewhat behind, together comprising a further 36%.

In terms of the main countries of destination, Indonesia, with a CAGR of +114.9%, saw 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 multiple loudspeakers export price stood at $X per unit in 2021, remaining constant against the previous year. In general, the export price, however, showed a mild descent. The pace of growth was the most pronounced in 2016 when the average export price increased by 137% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Poland ($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 Saudi Arabia (+41.6%), while the prices for the other major destinations experienced more modest paces of growth.

Multiple Loudspeakers Imports

Imports into Ukraine

In 2021, the amount of multiple loudspeakers (in enclosure) imported into Ukraine expanded significantly to X units, growing by 5.4% on the previous year's figure. In general, imports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of 33%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, multiple loudspeakers imports expanded rapidly to $X in 2021. Over the period under review, imports saw prominent growth. The pace of growth appeared the most rapid in 2017 when imports increased by 90%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main multiple loudspeakers supplier to Ukraine, with a 96% share of total imports. It was followed by the United Arab Emirates (X units), with a 2% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at -10.6%.

In value terms, China ($X) constituted the largest supplier of multiple loudspeakers (in enclosure) to Ukraine, comprising 85% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with an 8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +9.9%.

Import Prices by Country

In 2021, the average multiple loudspeakers import price amounted to $X per unit, stabilizing at the previous year. Overall, the import price showed a significant increase. The most prominent rate of growth was recorded in 2014 an increase of 81%. Over the period under review, average import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+22.9%).

Source: IndexBox Platform

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