Report Update Feb 1, 2025

Belarus - Loudspeakers - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Loudspeaker Market 2025

Loudspeaker Market Size in Belarus

In 2022, the Belarusian loudspeaker market decreased by -27.3% to $X, falling for the third year in a row after four years of growth. In general, consumption, however, showed prominent growth. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Loudspeaker Production in Belarus

In value terms, loudspeaker production reduced modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by 837% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Loudspeaker Exports

Exports from Belarus

For the eighth year in a row, Belarus recorded growth in shipments abroad of loudspeakers, which increased by 2.8% to X units in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 288%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, loudspeaker exports surged to $X in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by 141%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for loudspeaker exports from Belarus, accounting for a 97% share of total exports. It was followed by Poland (X units), with a 1.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +50.0%.

In value terms, Russia ($X) remains the key foreign market for loudspeakers exports from Belarus, comprising 87% of total exports. The second position in the ranking was taken by Poland ($X), with a 0.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to +32.0%.

Export Prices by Country

In 2022, the average loudspeaker export price amounted to $X per unit, surging by 65% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 281%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Poland totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-12.0%).

Loudspeaker Imports

Imports into Belarus

In 2022, purchases abroad of loudspeakers decreased by -37.6% to X units, falling for the second year in a row after six years of growth. In general, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 87% against the previous year. Over the period under review, imports attained the peak figure at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, loudspeaker imports expanded markedly to $X in 2022. Over the period under review, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 79%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest loudspeaker supplier to Belarus, with a 65% share of total imports. Moreover, loudspeaker imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at +6.5%.

In value terms, the largest loudspeaker suppliers to Belarus were Russia ($X) and China ($X).

Russia, with a CAGR of +29.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2022, the average loudspeaker import price amounted to $X per unit, picking up by 80% against the previous year. Overall, the import price, however, recorded a perceptible contraction. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+8.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for loudspeakers in the world?

China remains the largest loudspeaker consuming country worldwide, accounting for 23% of total volume. Moreover, loudspeaker consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. Germany ranked third in terms of total consumption with a 6.6% share.

What are the largest producers of loudspeakers in the world?

The country with the largest volume of loudspeaker production was China, accounting for 60% of total volume. Moreover, loudspeaker production in China exceeded the figures recorded by the second-largest producer, Vietnam, fourfold. The third position in this ranking was occupied by South Africa, with a 4.3% share.

What are the leading suppliers of loudspeakers to Belarus?

In value terms, Russia constituted the largest supplier of loudspeaker to Belarus, comprising 57% of total imports. The second position in the ranking was occupied by China, with a 25% share of total imports.

What are the leading importers of loudspeakers from Belarus?

In value terms, Russia remains the key foreign market for loudspeaker exports from Belarus, comprising 77% of total exports. The second position in the ranking was occupied by Turkey $800), with a 0% share of total exports.

What is the average export price for loudspeakers in Belarus?

In 2021, the average loudspeaker export price amounted to $8.3 per unit, waning by -13.7% against the previous year.

What is the average import price for loudspeakers in Belarus?

In 2021, the average loudspeaker import price amounted to $3 per unit, shrinking by -3.8% against the previous year.

This report provides an in-depth analysis of the loudspeaker market in Belarus. 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)
Prodcom 26404237 - Multiple loudspeakers mounted in the same enclosure (including frames or cabinets mainly designed for mounting loudspeakers)
Prodcom 26404239 - Loudspeakers (including speaker drive units, frames or cabinets mainly designed for mounting loudspeakers) (excluding those mounted in their enclosures)

Country coverage:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024