Report Update Nov 1, 2024

Turkey - Electric Sound Amplifier Sets - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Electric Sound Amplifier Market 2024

Electric Sound Amplifier Market Size in Turkey

The Turkish electric sound amplifier market declined rapidly to $X in 2022, reducing by -28.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a buoyant increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Electric Sound Amplifier Exports

Exports from Turkey

In 2022, exports of electric sound amplifier sets from Turkey surged to X units, jumping by 54% against the year before. Overall, exports recorded strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 207% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, electric sound amplifier exports soared to $X in 2022. In general, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 122% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X units), Azerbaijan (X units) and Uzbekistan (X units) were the main destinations of electric sound amplifier exports from Turkey, with a combined 63% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +10,850.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric sound amplifier exported from Turkey were Russia ($X), Azerbaijan ($X) and Cyprus ($X), together comprising 50% of total exports. The United Arab Emirates, Uzbekistan, Montenegro, Serbia, Turkmenistan, Iraq and Norway lagged somewhat behind, together comprising a further 15%.

Uzbekistan, with a CAGR of +12,062.7%, recorded 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

The average electric sound amplifier export price stood at $X per unit in 2022, picking up by 20% against the previous year. Overall, the export price saw a pronounced increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 50% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($X per unit), while the average price for exports to Montenegro ($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 Uzbekistan (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.

Electric Sound Amplifier Imports

Imports into Turkey

In 2022, the amount of electric sound amplifier sets imported into Turkey contracted to X units, falling by -7.7% on the previous year. Overall, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 289%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, electric sound amplifier imports declined remarkably to $X in 2022. Over the period under review, imports, however, showed a strong increase. The growth pace was the most rapid in 2021 when imports increased by 261%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main electric sound amplifier supplier to Turkey, with a 93% share of total imports. It was followed by Germany (X units), with a 1.6% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +6.4%.

In value terms, China ($X) constituted the largest supplier of electric sound amplifier sets to Turkey, comprising 55% of total imports. The second position in the ranking was held by Germany ($X), with a 6.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +7.7%.

Import Prices by Country

The average electric sound amplifier import price stood at $X per unit in 2022, with a decrease of -39.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 115% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric sound amplifier sets in the world?

China remains the largest electric sound amplifier consuming country worldwide, accounting for 39% of total volume. Moreover, electric sound amplifier consumption in China exceeded the figures recorded by the second-largest consumer, Indonesia, fivefold. The United States ranked third in terms of total consumption with a 7.4% share.

What are the largest producers of electric sound amplifier sets in the world?

The country with the largest volume of electric sound amplifier production was China, comprising approx. 62% of total volume. Moreover, electric sound amplifier production in China exceeded the figures recorded by the second-largest producer, the United States, eightfold. India ranked third in terms of total production with a 7.2% share.

What are the leading suppliers of electric sound amplifier sets to Turkey?

In value terms, the largest electric sound amplifier suppliers to Turkey were China, Italy and Germany, together accounting for 82% of total imports.

What are the leading importers of electric sound amplifier sets from Turkey?

In value terms, the largest markets for electric sound amplifier exported from Turkey were the United Arab Emirates, the United States and Cyprus, together comprising 61% of total exports. Turkmenistan, Serbia, Montenegro, North Macedonia, Germany, Mexico, Guinea and Syrian Arab Republic lagged somewhat behind, together accounting for a further 25%.

What is the average export price for electric sound amplifier sets in Turkey?

The average electric sound amplifier export price stood at $207 per unit in 2021, surging by 20% against the previous year.

What is the average import price for electric sound amplifier sets in Turkey?

The average electric sound amplifier import price stood at $78 per unit in 2021, with an increase of 76% against the previous year.

This report provides an in-depth analysis of the electric sound amplifier market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26404370 - Electric sound amplifier sets (including public address systems with microphone and speaker)

Country coverage:

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023