Austria: Non-Enclosed Loudspeakers Market 2024

Non-Enclosed Loudspeakers Market Size in Austria

In 2021, the Austrian non-enclosed loudspeakers market increased by 16% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, showed a perceptible setback. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Non-Enclosed Loudspeakers Production in Austria

In value terms, non-enclosed loudspeakers production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a buoyant expansion. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Non-Enclosed Loudspeakers Exports

Exports from Austria

In 2021, non-enclosed loudspeakers exports from Austria soared to X units, with an increase of 45% compared with 2020. Over the period under review, exports, however, showed a abrupt contraction. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-enclosed loudspeakers exports reduced rapidly to $X in 2021. In general, exports, however, saw a precipitous descent. The most prominent rate of growth was recorded in 2018 with an increase of 42%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Hungary (X units), Slovakia (X units) and Poland (X units) were the main destinations of non-enclosed loudspeakers exports from Austria, with a combined 64% share of total exports. These countries were followed by Germany, the Czech Republic, Romania, Switzerland, Hong Kong SAR, China, Ukraine, France, India and South Korea, which together accounted for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +56.3%), while the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Germany ($X) and Slovakia ($X) appeared to be the largest markets for non-enclosed loudspeakers exported from Austria worldwide, with a combined 49% share of total exports. Poland, Switzerland, Hong Kong SAR, the Czech Republic, Romania, China, Ukraine, France, India and South Korea lagged somewhat behind, together accounting for a further 30%.

Romania, with a CAGR of +21.3%, recorded the highest growth rate of the value of exports, among 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 non-enclosed loudspeakers export price stood at $X per unit in 2021, dropping by -41.8% against the previous year. Over the period under review, the export price faced a precipitous slump. The pace of growth was the most pronounced in 2018 an increase of 18%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was India ($X per unit), while the average price for exports to Slovakia ($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 Switzerland (-4.1%), while the prices for the other major destinations experienced a decline.

Non-Enclosed Loudspeakers Imports

Imports into Austria

In 2021, non-enclosed loudspeakers imports into Austria surged to X units, with an increase of 16% against the previous year's figure. In general, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2018 when imports increased by 54%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, non-enclosed loudspeakers imports rose remarkably to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 55% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Belgium (X units) and Hungary (X units) were the main suppliers of non-enclosed loudspeakers imports to Austria, together accounting for 64% of total imports. These countries were followed by Poland, China, Italy, the Czech Republic, Japan and Taiwan (Chinese), which together accounted for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +97.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and China ($X) appeared to be the largest non-enclosed loudspeakers suppliers to Austria, with a combined 54% share of total imports. These countries were followed by Hungary, Italy, Poland, the Czech Republic, Japan and Taiwan (Chinese), which together accounted for a further 35%.

Poland, with a CAGR of +76.4%, recorded the highest rates of growth with regard to 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

In 2021, the average non-enclosed loudspeakers import price amounted to $X per unit, falling by -2.7% against the previous year. Overall, the import price showed a deep slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 47% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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