Poland: Electric Sound Amplifier Market 2024

Electric Sound Amplifier Market Size in Poland

In 2022, the Polish electric sound amplifier market decreased by -48.4% to $X, falling for the fourth year in a row after five years of growth. Overall, consumption continues to indicate a abrupt slump. Electric sound amplifier consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Electric Sound Amplifier Production in Poland

In value terms, electric sound amplifier production declined to $X in 2022 estimated in export price. Over the period under review, production showed a notable increase. The pace of growth was the most pronounced in 2016 when the production volume increased by 45%. Electric sound amplifier production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Electric Sound Amplifier Exports

Exports from Poland

For the fourth consecutive year, Poland recorded growth in overseas shipments of electric sound amplifier sets, which increased by 17% to X units in 2022. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2014 when exports increased by 136% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, electric sound amplifier exports expanded remarkably to $X in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2014 with an increase of 233%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for electric sound amplifier exports from Poland, with a 89% share of total exports. Moreover, electric sound amplifier exports to Germany exceeded the volume sent to the second major destination, Spain (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +43.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+139.0% per year) and Slovakia (-19.7% per year).

In value terms, Germany ($X) remains the key foreign market for electric sound amplifier sets exports from Poland, comprising 87% of total exports. The second position in the ranking was taken by Spain ($X), with a 4.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +42.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+126.7% per year) and Slovakia (-7.2% per year).

Export Prices by Country

The average electric sound amplifier export price stood at $X per unit in 2022, dropping by -5.8% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while the average price for exports to Germany ($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 Slovakia (+15.6%), while the prices for the other major destinations experienced a decline.

Electric Sound Amplifier Imports

Imports into Poland

In 2022, supplies from abroad of electric sound amplifier sets was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports posted tangible growth. The most prominent rate of growth was recorded in 2019 when imports increased by 133%. Imports peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, electric sound amplifier imports rose to $X in 2022. Overall, imports posted resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by 136% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest electric sound amplifier supplier to Poland, accounting for a 77% share of total imports. Moreover, electric sound amplifier imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), eightfold. The third position in this ranking was taken by Italy (X units), with a 5% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +17.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+20.2% per year) and Italy (-15.6% per year).

In value terms, China ($X) constituted the largest supplier of electric sound amplifier sets to Poland, comprising 68% of total imports. The second position in the ranking was held by Germany ($X), with a 10% share of total imports. It was followed by Japan, with a 3.4% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.0% per year) and Japan (+19.8% per year).

Import Prices by Country

In 2022, the average electric sound amplifier import price amounted to $X per unit, surging by 1.6% against the previous year. Over the period under review, the import price posted a notable expansion. The growth pace was the most rapid in 2014 when the average import price increased by 51% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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