Netherlands: Loudspeaker Market 2024

Loudspeaker Market Size in the Netherlands

The Dutch loudspeaker market shrank to $X in 2022, waning by -13% against the previous year. Overall, consumption continues to indicate a perceptible descent. Loudspeaker consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Loudspeaker Production in the Netherlands

In value terms, loudspeaker production surged to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the production volume increased by 1,927% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Loudspeaker Exports

Exports from the Netherlands

After six years of growth, shipments abroad of loudspeakers decreased by -35% to X units in 2022. Over the period under review, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 146% against the previous year. The exports peaked at X units in 2021, and then shrank remarkably in the following year.

In value terms, loudspeaker exports declined dramatically to $X in 2022. In general, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2020 when exports increased by 317%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Germany (X units), France (X units) and Belgium (X units) were the main destinations of loudspeaker exports from the Netherlands, together accounting for 44% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +26.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for loudspeaker exported from the Netherlands were Germany ($X), France ($X) and Italy ($X), together comprising 35% of total exports. The UK, Belgium, Sweden, Spain, Poland, the Czech Republic, Slovakia and Hungary lagged somewhat behind, together comprising a further 39%.

Among the main countries of destination, Slovakia, with a CAGR of +32.5%, recorded 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 2022, the average loudspeaker export price amounted to $X per unit, reducing by -11.5% against the previous year. In general, the export price, however, saw a perceptible expansion. The pace of growth appeared the most rapid in 2020 an increase of 70% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then dropped in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Loudspeaker Imports

Imports into the Netherlands

In 2022, overseas purchases of loudspeakers decreased by -36.5% to X units, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a perceptible expansion. The pace of growth was the most pronounced in 2020 when imports increased by 43%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, loudspeaker imports shrank sharply to $X in 2022. Over the period under review, imports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 115% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank markedly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest loudspeaker supplier to the Netherlands, accounting for a 55% share of total imports. Moreover, loudspeaker imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold. Italy (X units) ranked third in terms of total imports with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.0% per year) and Italy (+31.2% per year).

In value terms, China ($X) constituted the largest supplier of loudspeakers to the Netherlands, comprising 38% of total imports. The second position in the ranking was held by Italy ($X), with an 11% share of total imports. It was followed by the Czech Republic, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+38.6% per year) and the Czech Republic (+50.4% per year).

Import Prices by Country

The average loudspeaker import price stood at $X per unit in 2022, reducing by -8.7% against the previous year. In general, the import price, however, continues to indicate a pronounced expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 51%. The import price peaked at $X per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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