EU: Headphone Market 2024

Headphone Market Size in the EU

After two years of decline, the EU headphone market increased by X% to $X in 2022. In general, consumption, however, showed a noticeable shrinkage. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Headphone Production in the EU

In value terms, headphone production skyrocketed to $X in 2022 estimated in export price. Overall, production continues to indicate a modest increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Headphone Exports

Exports in the EU

Headphone exports stood at X units in 2022, growing by X% compared with 2021. Over the period under review, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, headphone exports declined to $X in 2022. In general, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then dropped in the following year.

Exports by Country

The Netherlands was the key exporting country with an export of around X units, which resulted at X% of total exports. Belgium (X units) ranks second in terms of the total exports with a X% share, followed by Germany (X%), the Czech Republic (X%) and Poland (X%). France (X units), Italy (X units), Denmark (X units), Sweden (X units), Spain (X units), Slovakia (X units), Hungary (X units) and Greece (X units) followed a long way behind the leaders.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Greece (X%), Poland (X%), Slovakia (X%), Spain (X%), Italy (X%), Hungary (X%), Belgium (X%), France (X%), the Czech Republic (X%) and Denmark (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, Sweden (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands and Poland increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest headphone supplying countries in the European Union were the Netherlands ($X), Germany ($X) and Italy ($X), together accounting for X% of total exports. The Czech Republic, Poland, Belgium, Sweden, Denmark, France, Slovakia, Hungary, Greece and Spain lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Greece, with a CAGR of X%, recorded 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

In 2022, the export price in the European Union amounted to $X per unit, waning by X% against the previous year. In general, the export price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced more modest paces of growth.

Headphone Imports

Imports in the EU

In 2022, purchases abroad of headphones was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a slight slump. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, headphone imports stood at $X in 2022. Over the period under review, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Italy (X units), distantly followed by Poland (X units), the Netherlands (X units), Germany (X units), Sweden (X units), Belgium (X units), Austria (X units) and the Czech Republic (X units) were the largest importers of headphones, together comprising X% of total imports. The following importers - France (X units), Lithuania (X units), Greece (X units), Spain (X units) and Slovenia (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Lithuania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest headphone importing markets in the European Union were Germany ($X), the Netherlands ($X) and France ($X), with a combined X% share of total imports. Italy, Poland, the Czech Republic, Belgium, Sweden, Austria, Spain, Greece, Lithuania and Slovenia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Greece, with a CAGR of X%, 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

In 2022, the import price in the European Union amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of import peaked at $X per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per unit), while Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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