EU: Radio Receiver Market 2025

Radio Receiver Market Size in the EU

In 2022, the EU radio receiver market increased by 32% to $X, rising for the second year in a row after seven years of decline. Overall, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Radio Receiver Production in the EU

In value terms, radio receiver production surged to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. Over the period under review, production hit record highs at $X in 2014; afterwards, it flattened through to 2022.

Radio Receiver Exports

Exports in the EU

In 2022, shipments abroad of radio receivers decreased by -29.6% to X units, falling for the second consecutive year after three years of growth. In general, exports saw a deep reduction. The pace of growth appeared the most rapid in 2014 when exports increased by 7% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, radio receiver exports declined dramatically to $X in 2022. Overall, exports recorded a drastic downturn. The growth pace was the most rapid in 2018 with an increase of 12%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Germany (X units), the Netherlands (X units) and Portugal (X units) represented the major exporter of radio receivers in the European Union, creating 50% of total export. Hungary (X units) took a 7.8% share (based on physical terms) of total exports, which put it in second place, followed by Poland (6%), France (5.5%), the Czech Republic (5.3%), Belgium (5%) and Spain (5%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Poland (with a CAGR of +7.4%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Portugal ($X) remains the largest radio receiver supplier in the European Union, comprising 35% of total exports. The second position in the ranking was taken by Germany ($X), with a 16% share of total exports. It was followed by Hungary, with a 14% share.

In Portugal, radio receiver exports shrank by an average annual rate of -3.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (-7.5% per year) and Hungary (+0.5% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, with an increase of 10% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 14% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Portugal ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+6.7%), while the other leaders experienced more modest paces of growth.

Radio Receiver Imports

Imports in the EU

In 2022, approx. X units of radio receivers were imported in the European Union; waning by -16.4% on the previous year. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2019 with an increase of 4.4% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, radio receiver imports dropped to $X in 2022. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2016 when imports increased by 0.6% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) represented the key importer of radio receivers, generating 27% of total imports. France (X units) took a 10% share (based on physical terms) of total imports, which put it in second place, followed by Spain (8.8%), the Netherlands (8.5%), Hungary (6.5%), the Czech Republic (5.4%) and Belgium (5.2%). Poland (X units), Romania (X units), Italy (X units), Austria (X units), Sweden (X units) and Slovakia (X units) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to radio receiver imports into Germany stood at -4.8%. At the same time, Hungary (+9.8%) and Romania (+1.7%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in the European Union, with a CAGR of +9.8% from 2012-2022. By contrast, Austria (-2.4%), Poland (-3.4%), Spain (-3.6%), the Czech Republic (-4.7%), Slovakia (-5.4%), the Netherlands (-8.5%), Sweden (-9.2%), Italy (-9.2%), France (-10.5%) and Belgium (-12.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Hungary, Germany, Romania and Spain increased by +5.1, +3.4, +2.1 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported radio receivers in the European Union, comprising 30% of total imports. The second position in the ranking was taken by Spain ($X), with an 8.4% share of total imports. It was followed by France, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value in Germany amounted to -8.0%. The remaining importing countries recorded the following average annual rates of imports growth: Spain (-3.3% per year) and France (-10.1% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, with an increase of 6.7% against the previous year. Over the period under review, the import price, however, recorded a slight slump. The growth pace was the most rapid in 2018 when the import price increased by 7.8%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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