Europe: Loudspeaker Market 2025

Loudspeaker Market Size in Europe

The Europe loudspeaker market was finally on the rise to reach $X in 2022, after two years of decline. The market value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Loudspeaker Production in Europe

In value terms, loudspeaker production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced decline. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Loudspeaker Exports

Exports in Europe

In 2022, loudspeaker exports in Europe reduced to X units, flattening at the year before. The total export volume increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, the exports attained the peak of X units, leveling off in the following year.

In value terms, loudspeaker exports contracted to $X in 2022. Total exports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 24% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then declined in the following year.

Exports by Country

Germany (X units), Belgium (X units) and Hungary (X units) represented roughly 63% of total exports in 2022. It was distantly followed by Poland (X units) and the Netherlands (X units), together mixing up a 19% share of total exports. The following exporters - France (X units) and the Czech Republic (X units) - each accounted for a 6.3% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +10.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) were the countries with the highest levels of exports in 2022, together accounting for 46% of total exports. Hungary, Belgium, the Czech Republic and Poland lagged somewhat behind, together accounting for a further 22%.

The Czech Republic, with a CAGR of +14.3%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, reducing by -10.6% against the previous year. Export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, loudspeaker export price decreased by -12.0% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of 24%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the export prices failed to regain momentum.

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 the Netherlands ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.5%), while the other leaders experienced more modest paces of growth.

Loudspeaker Imports

Imports in Europe

In 2022, approx. X units of loudspeakers were imported in Europe; falling by -2.7% on the year before. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 10% against the previous year. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, loudspeaker imports dropped to $X in 2022. Total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.3% against 2014 indices. The pace of growth was the most pronounced in 2017 when imports increased by 18% against the previous year. The level of import peaked at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by Belgium (X units), Poland (X units), Russia (X units), France (X units), Spain (X units) and Hungary (X units) were the key importers of loudspeakers, together mixing up 70% of total imports. The following importers - the UK (X units), Slovakia (X units), the Czech Republic (X units), Italy (X units), the Netherlands (X units) and Sweden (X units) - together made up 21% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Sweden (with a CAGR of +6.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported loudspeakers in Europe, comprising 23% of total imports. The second position in the ranking was held by France ($X), with an 8.7% share of total imports. It was followed by the Netherlands, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany totaled +4.3%. In the other countries, the average annual rates were as follows: France (+4.4% per year) and the Netherlands (+7.9% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, almost unchanged from the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, loudspeaker import price decreased by -0.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 26% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform