Eastern Europe: Multiple Loudspeakers Market 2025

Multiple Loudspeakers Market Size in Eastern Europe

In 2021, the East European multiple loudspeakers market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption showed a resilient increase. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Multiple Loudspeakers Production in Eastern Europe

In value terms, multiple loudspeakers production surged to $X in 2021 estimated in export price. In general, production posted a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 44% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Multiple Loudspeakers Exports

Exports in Eastern Europe

In 2021, overseas shipments of multiple loudspeakers (in enclosure) were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports recorded significant growth. The growth pace was the most rapid in 2017 with an increase of 85% against the previous year. Over the period under review, the exports hit record highs at X units in 2018; afterwards, it flattened through to 2021.

In value terms, multiple loudspeakers exports surged to $X in 2021. Over the period under review, exports showed a resilient expansion. The growth pace was the most rapid in 2017 when exports increased by 46% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

In 2021, the Czech Republic (X units) was the key exporter of multiple loudspeakers (in enclosure), achieving 56% of total exports. Poland (X units) took a 22% share (based on physical terms) of total exports, which put it in second place, followed by Slovakia (12%). Lithuania (X units) and Hungary (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to multiple loudspeakers exports from the Czech Republic stood at +22.3%. At the same time, Poland (+24.9%), Slovakia (+24.0%), Lithuania (+2.5%) and Hungary (+2.2%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +24.9% from 2012-2021. The Czech Republic (+6.7 p.p.), Poland (+5.9 p.p.) and Slovakia (+2.8 p.p.) significantly strengthened its position in terms of the total exports, while Hungary and Lithuania saw its share reduced by -5.6% and -9.7% from 2012 to 2021, respectively.

In value terms, the Czech Republic ($X) remains the largest multiple loudspeakers supplier in Eastern Europe, comprising 45% of total exports. The second position in the ranking was taken by Poland ($X), with a 22% share of total exports. It was followed by Slovakia, with a 20% share.

From 2012 to 2021, the average annual growth rate of value in the Czech Republic totaled +14.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+24.1% per year) and Slovakia (+22.3% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per unit, growing by 4.1% against the previous year. Overall, the export price, however, saw a perceptible shrinkage. The growth pace was the most rapid in 2018 when the export price increased by 16%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+4.9%), while the other leaders experienced a decline in the export price figures.

Multiple Loudspeakers Imports

Imports in Eastern Europe

In 2021, supplies from abroad of multiple loudspeakers (in enclosure) increased by 14% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 212% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, multiple loudspeakers imports soared to $X in 2021. Overall, imports saw prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 42% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Poland (X units) represented the largest importer of multiple loudspeakers (in enclosure), making up 37% of total imports. Russia (X units) ranks second in terms of the total imports with a 16% share, followed by the Czech Republic (13%), Hungary (11%), Slovakia (7.8%) and Romania (5%). Ukraine (X units) held a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to multiple loudspeakers imports into Poland stood at +20.4%. At the same time, Slovakia (+20.9%) and the Czech Republic (+10.5%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +20.9% from 2012-2021. Romania and Russia experienced a relatively flat trend pattern. By contrast, Hungary (-2.7%) and Ukraine (-10.7%) illustrated a downward trend over the same period. While the share of Poland (+25 p.p.), Slovakia (+5.5 p.p.) and the Czech Republic (+4.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Romania (-2.7 p.p.), Ukraine (-10.6 p.p.), Russia (-11.1 p.p.) and Hungary (-11.4 p.p.) displayed negative dynamics.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 68% of total imports.

In terms of the main importing countries, Poland, with a CAGR of +22.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per unit, rising by 5.2% against the previous year. In general, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 163% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Slovakia ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+20.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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