Croatia: Multiple Loudspeakers Market 2025

Multiple Loudspeakers Market Size in Croatia

The Croatian multiple loudspeakers market skyrocketed to $X in 2021, with an increase of 18% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed strong growth. Multiple loudspeakers consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Multiple Loudspeakers Exports

Exports from Croatia

For the tenth consecutive year, Croatia recorded growth in overseas shipments of multiple loudspeakers (in enclosure), which increased by 103% to X units in 2021. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 143%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, multiple loudspeakers exports soared to $X in 2021. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 170%. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

Poland (X units), Slovenia (X units) and Hungary (X units) were the main destinations of multiple loudspeakers exports from Croatia, together comprising 49% of total exports. Slovakia, the Czech Republic, Romania, Austria, Italy, France, the Netherlands, China, the UK and Finland lagged somewhat behind, together comprising a further 39%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +907.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Slovenia ($X) and Hungary ($X) appeared to be the largest markets for multiple loudspeakers exported from Croatia worldwide, with a combined 57% share of total exports. These countries were followed by France, Slovakia, the Czech Republic, Austria, the Netherlands, Italy, the UK, Romania, China and Finland, which together accounted for a further 32%.

Among the main countries of destination, Romania, with a CAGR of +1,007.2%, 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 2021, the average multiple loudspeakers export price amounted to $X per unit, which is down by -29.6% against the previous year. In general, export price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, multiple loudspeakers export price decreased by -52.9% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 119% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Slovenia ($X per unit), while the average price for exports to Finland ($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 Finland (+88.0%), while the prices for the other major destinations experienced more modest paces of growth.

Multiple Loudspeakers Imports

Imports into Croatia

Multiple loudspeakers imports into Croatia soared to X units in 2021, with an increase of 50% on the previous year. Overall, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, multiple loudspeakers imports surged to $X in 2021. In general, imports posted a buoyant expansion. The pace of growth was the most pronounced in 2017 with an increase of 57%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands (X units), Hungary (X units) and Slovenia (X units) were the main suppliers of multiple loudspeakers imports to Croatia, together comprising 44% of total imports. China, Slovakia, Germany, Poland, Bulgaria, Italy, Belgium and the Czech Republic lagged somewhat behind, together comprising a further 50%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +209.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Slovenia ($X) and Hungary ($X) were the largest multiple loudspeakers suppliers to Croatia, together comprising 49% of total imports.

Hungary, with a CAGR of +156.2%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average multiple loudspeakers import price stood at $X per unit in 2021, waning by -12.9% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, multiple loudspeakers import price decreased by -41.4% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 50%. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Slovenia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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