Croatia: Electric Sound Amplifier Market 2025

Electric Sound Amplifier Market Size in Croatia

The Croatian electric sound amplifier market soared to $X in 2022, increasing by 34% against the previous year. Over the period under review, consumption showed a prominent increase. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Electric Sound Amplifier Production in Croatia

In value terms, electric sound amplifier production soared to $X in 2022 estimated in export price. Overall, production, however, recorded a notable increase. The growth pace was the most rapid in 2015 when the production volume increased by 220% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Electric Sound Amplifier Exports

Exports from Croatia

In 2022, approx. X units of electric sound amplifier sets were exported from Croatia; dropping by -61.7% against the year before. In general, exports recorded a slight reduction. The pace of growth appeared the most rapid in 2018 when exports increased by 627%. Over the period under review, the exports reached the peak figure at X units in 2021, and then dropped remarkably in the following year.

In value terms, electric sound amplifier exports shrank dramatically to $X in 2022. Over the period under review, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 476% against the previous year. The exports peaked at $X in 2021, and then fell remarkably in the following year.

Exports by Country

The UK (X units) was the main destination for electric sound amplifier exports from Croatia, accounting for a 35% share of total exports. Moreover, electric sound amplifier exports to the UK exceeded the volume sent to the second major destination, Montenegro (X units), twofold. The third position in this ranking was held by South Korea (X units), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at +250.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Montenegro (+15.7% per year) and South Korea (+65.8% per year).

In value terms, the UK ($X) emerged as the key foreign market for electric sound amplifier sets exports from Croatia, comprising 34% of total exports. The second position in the ranking was held by the United States ($X), with a 16% share of total exports. It was followed by Slovenia, with a 16% share.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to +309.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+65.3% per year) and Slovenia (+11.3% per year).

Export Prices by Country

The average electric sound amplifier export price stood at $X per unit in 2022, with a decrease of -11% against the previous year. In general, the export price recorded a pronounced shrinkage. The growth pace was the most rapid in 2013 an increase of 116% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($X per unit), while the average price for exports to Poland ($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 UK (+16.8%), while the prices for the other major destinations experienced a decline.

Electric Sound Amplifier Imports

Imports into Croatia

In 2022, overseas purchases of electric sound amplifier sets decreased by -19.5% to X units for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 35%. Imports peaked at X units in 2021, and then dropped significantly in the following year.

In value terms, electric sound amplifier imports totaled $X in 2022. Overall, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 50%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X units), the Netherlands (X units) and Slovenia (X units) were the main suppliers of electric sound amplifier imports to Croatia, with a combined 57% share of total imports. Belgium, France, Poland, China, Italy and the UK lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +80.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electric sound amplifier sets to Croatia, comprising 46% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by Slovenia, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +21.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+56.3% per year) and Slovenia (+38.4% per year).

Import Prices by Country

The average electric sound amplifier import price stood at $X per unit in 2022, growing by 28% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric sound amplifier import price increased by +38.7% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 35%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for France ($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 Netherlands (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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