Uzbekistan: Multiple Loudspeakers Market 2025

Multiple Loudspeakers Market Size in Uzbekistan

After two years of growth, the Uzbek multiple loudspeakers market decreased by -31.2% to $X in 2021. Overall, consumption, however, enjoyed a measured increase. As a result, consumption reached the peak level of $X, and then fell dramatically in the following year.

Multiple Loudspeakers Production in Uzbekistan

In value terms, multiple loudspeakers production reduced rapidly to $X in 2021 estimated in export price. In general, production, however, posted a noticeable increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by 187% against the previous year. As a result, production reached the peak level of $X, and then fell dramatically in the following year.

Multiple Loudspeakers Exports

Exports from Uzbekistan

In 2021, overseas shipments of multiple loudspeakers (in enclosure) were finally on the rise to reach X units after two years of decline. Overall, exports showed resilient growth. The pace of growth was the most pronounced in 2018 with an increase of 240% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, multiple loudspeakers exports skyrocketed to $X in 2021. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 281% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Georgia (X units) was the main destination for multiple loudspeakers exports from Uzbekistan, with a 71% share of total exports. Moreover, multiple loudspeakers exports to Georgia exceeded the volume sent to the second major destination, Azerbaijan (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Georgia was relatively modest.

In value terms, Georgia ($X) emerged as the key foreign market for multiple loudspeakers (in enclosure) exports from Uzbekistan, comprising 71% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a 28% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Georgia stood at +89.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+49.1% per year) and Kazakhstan (-15.6% per year).

Export Prices by Country

In 2021, the average multiple loudspeakers export price amounted to $X per unit, picking up by 5.9% against the previous year. Overall, the export price saw a significant expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 217%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Azerbaijan ($X per unit), while the average price for exports to Kazakhstan ($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 Azerbaijan (+34.3%), while the prices for the other major destinations experienced mixed trend patterns.

Multiple Loudspeakers Imports

Imports into Uzbekistan

In 2021, the amount of multiple loudspeakers (in enclosure) imported into Uzbekistan skyrocketed to X units, rising by 264% against 2020. Overall, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, multiple loudspeakers imports rose significantly to $X in 2021. In general, imports, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when imports increased by 91%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X units), the United Arab Emirates (X units) and Vietnam (X units) were the main suppliers of multiple loudspeakers imports to Uzbekistan, with a combined 72% share of total imports. Hong Kong SAR, Spain, Turkey, Belgium, the United States and Lithuania lagged somewhat behind, together accounting for a further 7.5%.

From 2017 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +100.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest multiple loudspeakers suppliers to Uzbekistan were China ($X), the United Arab Emirates ($X) and Vietnam ($X), with a combined 47% share of total imports. These countries were followed by Turkey, Spain, Hong Kong SAR, Belgium, the United States and Lithuania, which together accounted for a further 8.7%.

Among the main suppliers, Spain, with a CAGR of +93.2%, recorded the highest rates of growth with regard to 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

The average multiple loudspeakers import price stood at $X per unit in 2021, waning by -70% against the previous year. Overall, the import price recorded a sharp contraction. The pace of growth was the most pronounced in 2018 an increase of 10% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+72.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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