Portugal: Multiple Loudspeakers Market 2025

Multiple Loudspeakers Market Size in Portugal

In 2021, the Portuguese 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, however, recorded buoyant growth. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Multiple Loudspeakers Production in Portugal

In value terms, multiple loudspeakers production reached $X in 2021 estimated in export price. Over the period under review, production showed buoyant growth. The pace of growth was the most pronounced in 2016 when the production volume increased by 42%. Multiple loudspeakers production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Multiple Loudspeakers Exports

Exports from Portugal

In 2021, shipments abroad of multiple loudspeakers (in enclosure) decreased by -18.4% to X units, falling for the third consecutive year after two years of growth. Over the period under review, exports, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2018 with an increase of 163% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, multiple loudspeakers exports contracted sharply to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 83%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Belgium (X units), Angola (X units) and Spain (X units) were the main destinations of multiple loudspeakers exports from Portugal, together accounting for 54% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +104.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for multiple loudspeakers exported from Portugal were Angola ($X), Belgium ($X) and Spain ($X), with a combined 49% share of total exports.

In terms of the main countries of destination, Belgium, with a CAGR of +72.0%, saw 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, declining by -2% against the previous year. In general, the export price recorded a perceptible downturn. The pace of growth was the most pronounced in 2015 an increase of 57%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while the average price for exports to Tunisia ($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 Syrian Arab Republic (+21.7%), while the prices for the other major destinations experienced mixed trend patterns.

Multiple Loudspeakers Imports

Imports into Portugal

In 2021, supplies from abroad of multiple loudspeakers (in enclosure) decreased by -6% to X units, falling for the third consecutive year after five years of growth. Overall, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 39%. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, multiple loudspeakers imports amounted to $X in 2021. In general, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 44% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands (X units), China (X units) and Spain (X units) were the main suppliers of multiple loudspeakers imports to Portugal, with a combined 83% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +20.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest multiple loudspeakers suppliers to Portugal were the Netherlands ($X), Spain ($X) and China ($X), together comprising 81% of total imports.

China, with a CAGR of +24.1%, recorded the highest growth rate of the value of imports, in terms of 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, growing by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2015 an increase of 22%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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