Australia - Headphones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHeadphone Price in Australia - 2023
Contents:
- Headphone Price in Australia (CIF) - 2023
- Headphone Price in Australia (FOB) - 2022
- Headphone Imports in Australia
- Headphone Exports in Australia
Headphone Price in Australia (CIF) - 2023
In September 2023, the average headphone import price amounted to $59.9 per unit, waning by -4.1% against the previous month. Overall, the import price continues to indicate a perceptible descent. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 61% month-to-month. As a result, import price attained the peak level of $91.7 per unit. From January 2023 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Malaysia ($113 per unit), while the price for Hong Kong SAR ($33.1 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+0.2%), while the prices for the other major suppliers experienced a decline.
Headphone Price in Australia (FOB) - 2022
In 2022, the average headphone export price amounted to $46 per unit, growing by 21% against the previous year. Overall, the export price posted prominent growth. The growth pace was the most rapid in 2017 an increase of 31%. Over the period under review, the average export prices attained the maximum at $51 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($128 per unit), while the average price for exports to the UK ($8.5 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 South Africa (+33.3%), while the prices for the other major destinations experienced more modest paces of growth.
Headphone Imports in Australia
In 2022, after three years of growth, there was decline in purchases abroad of headphones, when their volume decreased by -2.4% to 8.4M units. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of 8.6M units, and then reduced in the following year.
In value terms, headphone imports dropped to $650M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 9.2% against the previous year. Imports peaked at $652M in 2021, and then contracted slightly in the following year.
| Import of Headphone in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 441 | 465 | 449 | 376 | -5.2% |
| Vietnam | 8.6 | 29.9 | 95.6 | 167 | 168.8% |
| Malaysia | 49.4 | 39.5 | 35.6 | 31.5 | -13.9% |
| Hong Kong SAR | 9.8 | 17.6 | 24.6 | 22.9 | 32.7% |
| Mexico | 18.4 | 17.9 | 12.2 | 13.2 | -10.5% |
| Others | 22.6 | 29.8 | 35.0 | 38.5 | 19.4% |
| Total | 549 | 600 | 652 | 650 | 5.8% |
Top Suppliers of Headphone to Australia in 2022:
- China (5.1M units)
- Vietnam (2.1M units)
- Malaysia (0.3M units)
- Hong Kong SAR (0.3M units)
- Mexico (0.1M units)
Headphone Exports in Australia
After three years of growth, shipments abroad of headphones decreased by -30.3% to 810K units in 2022. Over the period under review, exports saw a noticeable decline. The pace of growth appeared the most rapid in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of 1.2M units, and then fell dramatically in the following year.
In value terms, headphone exports fell dramatically to $37M in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 29%. As a result, the exports attained the peak of $49M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Headphone in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 16.1 | 14.3 | 24.4 | 26.0 | 17.3% |
| Singapore | 1.4 | 0.9 | 6.5 | 3.0 | 28.9% |
| Hong Kong SAR | 8.6 | 15.6 | 2.8 | 1.6 | -42.9% |
| United States | 4.5 | 4.5 | 2.7 | 1.1 | -37.5% |
| South Korea | 1.0 | 2.2 | 3.3 | 1.1 | 3.2% |
| China | 1.4 | 1.5 | 0.7 | 0.3 | -40.2% |
| United Kingdom | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Japan | 1.0 | 0.7 | 0.4 | 0.1 | -53.6% |
| Others | 3.6 | 9.1 | 2.9 | 3.5 | -0.9% |
| Total | 37.8 | 48.9 | 43.8 | 36.9 | -0.8% |
Top Export Markets for Headphone from Australia in 2022:
- New Zealand (429.1K units)
- Singapore (205.1K units)
- South Korea (31.9K units)
- United States (30.3K units)
- United Kingdom (28.6K units)
- China (17.9K units)
- Hong Kong SAR (12.7K units)
- Japan (4.0K units)
This report provides an in-depth analysis of the headphone market in Australia. 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 26404270 - Headphones and earphones, even with microphone, and sets consisting of microphone and one or more loudspeakers (excluding airmen
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
-
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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