Canada - Headphones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHeadphone Price in Canada - 2023
Contents:
- Headphone Price in Canada (CIF) - 2023
- Headphone Price in Canada (FOB) - 2022
- Headphone Imports in Canada
- Headphone Exports in Canada
Headphone Price in Canada (CIF) - 2023
In September 2023, the average headphone import price amounted to $34.7 per unit, shrinking by -3.2% against the previous month. Over the period under review, the import price recorded a noticeable descent. The growth pace was the most rapid in July 2023 when the average import price increased by 30% against the previous month. The import price peaked at $55.6 per unit in October 2022; however, from November 2022 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Malaysia ($128 per unit), while the price for China ($25.6 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 Mexico (+0.2%), while the prices for the other major suppliers experienced a decline.
Headphone Price in Canada (FOB) - 2022
In 2022, the average headphone export price amounted to $51 per unit, increasing by 8.2% against the previous year. In general, the export price showed prominent growth. The most prominent rate of growth was recorded in 2013 an increase of 51% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +26.7% per year.
Headphone Imports in Canada
In 2022, headphone imports into Canada contracted to 19M units, dropping by -5.9% against 2021. In general, imports saw a deep contraction. The smallest decline of -1.5% was in 2020. Imports peaked at 23M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, headphone imports fell slightly to $783M in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 44%. As a result, imports reached the peak of $856M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Headphone in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 491 | 573 | 352 | 382 | -8.0% |
| Vietnam | 21.0 | 188 | 350 | 305 | 144.0% |
| Malaysia | 26.2 | 36.5 | 38.2 | 34.7 | 9.8% |
| Mexico | 18.8 | 24.2 | 22.9 | 22.6 | 6.3% |
| Others | 36.9 | 34.5 | 37.7 | 38.9 | 1.8% |
| Total | 594 | 856 | 801 | 783 | 9.6% |
Top Suppliers of Headphone to Canada in 2022:
- China (12.9M units)
- Vietnam (4.3M units)
- Mexico (0.4M units)
- Malaysia (0.3M units)
Headphone Exports in Canada
In 2022, shipments abroad of headphones decreased by -14.7% to 599K units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2020 with an increase of 4.6% against the previous year. As a result, the exports reached the peak of 713K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, headphone exports reduced to $31M in 2022. The total export value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. As a result, the exports reached the peak of $36M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Headphone in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.5 | 32.9 | 31.9 | 29.4 | 4.9% |
| Hong Kong SAR | 1.3 | 1.1 | 0.2 | 0.1 | -57.5% |
| Others | 1.8 | 1.6 | 1.3 | 1.4 | -8.0% |
| Total | 28.6 | 35.5 | 33.4 | 30.8 | 2.5% |
Top Export Markets for Headphone from Canada in 2022:
- United States (574.9K units)
- Hong Kong SAR (0.6K units)
This report provides an in-depth analysis of the headphone market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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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78
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