Non-Enclosed Loudspeakers Price in Lithuania - 2023

Non-Enclosed Loudspeakers Price in Lithuania (CIF) - 2022

In 2022, the average non-enclosed loudspeakers import price amounted to $25 per unit, increasing by 28% against the previous year. Overall, the import price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2019 an increase of 68% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($122 per unit), while the price for Taiwan (Chinese) ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Enclosed Loudspeakers Price in Lithuania (FOB) - 2022

In 2022, the average non-enclosed loudspeakers export price amounted to $31 per unit, dropping by -25.8% against the previous year. Overall, the export price, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 76%. Over the period under review, the average export prices reached the maximum at $42 per unit in 2021, and then dropped dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($96 per unit), while the average price for exports to Belarus ($7.4 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 Georgia (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Enclosed Loudspeakers Imports in Lithuania

In 2022, supplies from abroad of loudspeakers (not in enclosure) decreased by -9.3% to 134K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 10%. As a result, imports reached the peak of 148K units, and then shrank in the following year.

In value terms, non-enclosed loudspeakers imports surged to $3.3M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Non-Enclosed Loudspeakers in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	517	874	1,339	1,605	45.9%
Finland	287	161	10.3	399	11.6%
Germany	141	197	652	211	14.4%
Estonia	97.6	129	130	209	28.9%
China	108	83.2	95.4	151	11.8%
Netherlands	53.6	88.9	102	101	23.5%
Sweden	11.5	51.6	24.2	33.9	43.4%
Belgium	178	57.0	34.1	29.6	-45.0%
Taiwan (Chinese)	25.6	24.5	12.2	1.6	-60.3%
Hong Kong SAR	59.7	10.0	13.1	N/A	-53.2%
Others	452	550	474	604	10.1%
Total	1,930	2,227	2,886	3,345	20.1%

Top Suppliers of Non-Enclosed Loudspeakers to Lithuania in 2022:

China (55.1K units)
Poland (34.4K units)
Germany (14.1K units)
Finland (7.8K units)
Netherlands (4.7K units)
Estonia (4.1K units)
Sweden (2.3K units)
Belgium (1.6K units)
Taiwan (Chinese) (0.8K units)

Non-Enclosed Loudspeakers Exports in Lithuania

In 2022, approx. 65K units of loudspeakers (not in enclosure) were exported from Lithuania; jumping by 57% compared with 2021 figures. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-enclosed loudspeakers exports skyrocketed to $2M in 2022. The total export value increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Non-Enclosed Loudspeakers in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	1,033	800	1,147	807	-7.9%
Latvia	93.6	308	350	455	69.4%
Belarus	32.0	21.8	7.9	253	99.2%
United States	0.1	0.7	0.1	98.1	893.6%
Turkey	0.8	N/A	0.7	72.3	348.8%
Kazakhstan	38.6	14.4	27.0	62.9	17.7%
Estonia	17.6	39.2	38.1	22.3	8.2%
Norway	49.5	3.9	5.2	10.7	-40.0%
Ukraine	16.9	221	93.0	1.6	-54.4%
Italy	N/A	43.1	0.2	N/A	-99.5%
Others	216	139	79.3	251	5.1%
Total	1,498	1,592	1,749	2,034	10.7%