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Croatia - Loudspeakers (Not in Enclosure) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCroatia: Non-Enclosed Loudspeakers Market 2024
Non-Enclosed Loudspeakers Market Size in Croatia
After two years of decline, the Croatian non-enclosed loudspeakers market increased by 45% to $X in 2021. In general, consumption posted a resilient increase. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in the near future.
Non-Enclosed Loudspeakers Production in Croatia
In value terms, non-enclosed loudspeakers production shrank notably to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a deep contraction. The pace of growth was the most pronounced in 2014 with an increase of 128% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.
Non-Enclosed Loudspeakers Exports
Exports from Croatia
In 2021, the amount of loudspeakers (not in enclosure) exported from Croatia surged to X units, growing by 89% against 2020. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 289%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.
In value terms, non-enclosed loudspeakers exports surged to $X in 2021. Over the period under review, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 90%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
Exports by Country
Slovenia (X units), Italy (X units) and Austria (X units) were the main destinations of non-enclosed loudspeakers exports from Croatia, with a combined 45% share of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +122.8%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for non-enclosed loudspeakers exported from Croatia were Serbia ($X), Austria ($X) and Slovenia ($X), with a combined 49% share of total exports. Montenegro, Switzerland, Bosnia and Herzegovina, Poland, Italy, Belgium, North Macedonia, Romania, Bulgaria and Malta lagged somewhat behind, together accounting for a further 43%.
Among the main countries of destination, Malta, with a CAGR of +115.4%, saw the highest rates of growth with regard to 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 non-enclosed loudspeakers export price stood at $X per unit in 2021, falling by -33.2% against the previous year. Overall, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 179% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Montenegro ($X per unit), while the average price for exports to Malta ($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 Malta (+96.3%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Enclosed Loudspeakers Imports
Imports into Croatia
In 2021, non-enclosed loudspeakers imports into Croatia skyrocketed to X units, with an increase of 78% against 2020. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-enclosed loudspeakers imports amounted to $X in 2021. Over the period under review, total imports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -27.8% against 2018 indices. The pace of growth was the most pronounced in 2016 when imports increased by 37% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, China (X units) constituted the largest non-enclosed loudspeakers supplier to Croatia, with a 61% share of total imports. Moreover, non-enclosed loudspeakers imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X units), eightfold. The third position in this ranking was held by Italy (X units), with a 6.4% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+51.9% per year) and Italy (+16.4% per year).
In value terms, Belgium ($X), Germany ($X) and the Czech Republic ($X) appeared to be the largest non-enclosed loudspeakers suppliers to Croatia, with a combined 42% share of total imports.
The Czech Republic, with a CAGR of +81.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average non-enclosed loudspeakers import price stood at $X per unit in 2021, declining by -36.9% against the previous year. Over the period under review, the import price recorded a abrupt descent. The growth pace was the most rapid in 2017 an increase of 11% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Denmark ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (-5.4%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the non-enclosed loudspeakers market in Croatia. 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 26404239 - Loudspeakers (including speaker drive units, frames or cabinets mainly designed for mounting loudspeakers) (excluding those mounted in their enclosures)
Country coverage:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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