Russian Federation: Microphone Market 2025

Microphone Market Size in the Russian Federation

In 2022, the Russian microphone market decreased by -7.7% to $X for the first time since 2015, thus ending a six-year rising trend. Over the period under review, consumption, however, showed strong growth. Microphone consumption peaked at $X in 2021, and then shrank in the following year.

Microphone Production in the Russian Federation

In value terms, microphone production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate buoyant growth. The growth pace was the most rapid in 2019 with an increase of 300%. Microphone production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Microphone Exports

Exports from the Russian Federation

Microphone exports from Russia contracted dramatically to X units in 2022, dropping by -21% on the previous year. Overall, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by 120%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, microphone exports reduced to $X in 2022. Over the period under review, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 72% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

The United States (X units) was the main destination for microphone exports from Russia, accounting for a 33% share of total exports. Moreover, microphone exports to the United States exceeded the volume sent to the second major destination, Germany (X units), twofold. Canada (X units) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +67.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+13.3% per year) and Canada (+95.0% per year).

In value terms, Germany ($X), China ($X) and the United States ($X) were the largest markets for microphone exported from Russia worldwide, with a combined 52% share of total exports.

Among the main countries of destination, China, with a CAGR of +87.0%, recorded 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

The average microphone export price stood at $X per unit in 2022, increasing by 12% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, microphone export price increased by +123.4% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 51%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 China ($X per unit), while the average price for exports to Armenia ($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 China (+23.6%), while the prices for the other major destinations experienced mixed trend patterns.

Microphone Imports

Imports into the Russian Federation

After six years of growth, purchases abroad of microphones and their stands decreased by -5.9% to X units in 2022. In general, imports, however, showed temperate growth. The pace of growth was the most pronounced in 2018 when imports increased by 35%. Over the period under review, imports attained the maximum at X units in 2021, and then declined in the following year.

In value terms, microphone imports declined to $X in 2022. Overall, imports, however, recorded prominent growth. The pace of growth was the most pronounced in 2018 with an increase of 43%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest microphone supplier to Russia, accounting for a 80% share of total imports. Moreover, microphone imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), more than tenfold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a 2.7% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+18.3% per year) and Taiwan (Chinese) (+9.8% per year).

In value terms, China ($X) constituted the largest supplier of microphones and their stands to Russia, comprising 64% of total imports. The second position in the ranking was held by Germany ($X), with a 7.9% share of total imports. It was followed by Romania, with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.2% per year) and Romania (+14.9% per year).

Import Prices by Country

In 2022, the average microphone import price amounted to $X per unit, shrinking by -3.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Germany ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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