Sweden: Multiple Loudspeakers Market 2025

Multiple Loudspeakers Market Size in Sweden

In 2021, the Swedish multiple loudspeakers market increased by 2.9% to $X, rising for the fourth consecutive year after two years of decline. In general, consumption continues to indicate strong growth. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Multiple Loudspeakers Exports

Exports from Sweden

In 2021, the amount of multiple loudspeakers (in enclosure) exported from Sweden soared to X units, with an increase of 39% on 2020 figures. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 42%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, multiple loudspeakers exports expanded notably to $X in 2021. Overall, exports saw a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of 41%. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

Norway (X units), Denmark (X units) and Finland (X units) were the main destinations of multiple loudspeakers exports from Sweden, with a combined 85% share of total exports. These countries were followed by the UK and Iceland, which together accounted for a further 3.3%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +44.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for multiple loudspeakers exported from Sweden were Norway ($X), Denmark ($X) and Finland ($X), together comprising 86% of total exports. These countries were followed by the UK and Iceland, which together accounted for a further 3.1%.

Iceland, with a CAGR of +36.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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, with a decrease of -23.6% against the previous year. In general, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of 17% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, the countries with the highest prices were Norway ($X per unit) and Iceland ($X per unit), while the average price for exports to Finland ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+1.9%), while the prices for the other major destinations experienced a decline.

Multiple Loudspeakers Imports

Imports into Sweden

In 2021, approx. X units of multiple loudspeakers (in enclosure) were imported into Sweden; with an increase of 22% compared with the year before. Over the period under review, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2019 when imports increased by 60%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, multiple loudspeakers imports dropped modestly to $X in 2021. Overall, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 39%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X units), China (X units) and Denmark (X units) were the main suppliers of multiple loudspeakers imports to Sweden, with a combined 88% share of total imports. Germany and Slovakia lagged somewhat behind, together accounting for a further 6.1%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +91.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), China ($X) and Denmark ($X) were the largest multiple loudspeakers suppliers to Sweden, together accounting for 81% of total imports. These countries were followed by Slovakia and Germany, which together accounted for a further 9.7%.

In terms of the main suppliers, Slovakia, with a CAGR of +68.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average multiple loudspeakers import price amounted to $X per unit, declining by -18.4% against the previous year. Over the period under review, the import price showed a deep downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 41%. Over the period under review, average import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Slovakia ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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