Estonia - Headphones - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 16, 2024

Estonia - Headphones - Market Analysis, Forecast, Size, Trends and Insights

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Headphone Price in Estonia - 2023

Contents:

  1. Headphone Price in Estonia (CIF) - 2022
  2. Headphone Price in Estonia (FOB) - 2022
  3. Headphone Imports in Estonia
  4. Headphone Exports in Estonia

Headphone Price in Estonia (CIF) - 2022

In 2022, the average headphone import price amounted to $50 per unit, dropping by -4.5% against the previous year. Overall, the import price, however, saw resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 96% against the previous year. As a result, import price attained the peak level of $61 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($84 per unit), while the price for China ($22 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Headphone Price in Estonia (FOB) - 2022

In 2022, the average headphone export price amounted to $105 per unit, picking up by 23% against the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 59%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($208 per unit), while the average price for exports to the UK ($22 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 Cyprus (+44.9%), while the prices for the other major destinations experienced more modest paces of growth.

Headphone Imports in Estonia

In 2022, imports of headphones into Estonia dropped rapidly to 540K units, waning by -21.4% on the previous year. In general, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 93% against the previous year. As a result, imports reached the peak of 687K units, and then declined dramatically in the following year.

In value terms, headphone imports declined notably to $27M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +41.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 65%. As a result, imports attained the peak of $36M, and then reduced markedly in the following year.

Import of Headphone in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania1.84.55.26.553.4%
Netherlands2.73.64.24.417.7%
Latvia0.74.23.12.960.6%
China9.21.03.31.8-41.9%
Finland0.71.51.91.734.4%
Germany0.31.27.41.674.7%
Poland0.31.11.41.571.0%
Sweden0.61.91.51.122.4%
United Kingdom0.61.00.4N/A-18.4%
Others2.21.87.65.434.9%
Total19.021.836.027.012.4%

Top Suppliers of Headphone to Estonia in 2022:

  1. Lithuania (112.6K units)
  2. Netherlands (81.7K units)
  3. China (81.5K units)
  4. Finland (55.2K units)
  5. Germany (40.5K units)
  6. Poland (36.5K units)
  7. Latvia (34.9K units)
  8. Sweden (23.1K units)
  9. United Kingdom (0.3K units)

Headphone Exports in Estonia

Headphone exports from Estonia contracted sharply to 116K units in 2022, waning by -44.3% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2021 when exports increased by 111% against the previous year. As a result, the exports attained the peak of 208K units, and then declined rapidly in the following year.

In value terms, headphone exports shrank notably to $12M in 2022. In general, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 135%. As a result, the exports reached the peak of $18M, and then shrank significantly in the following year.

Export of Headphone in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia1,5912,5802,2212,49616.2%
Italy50.11,1316,9681,990241.2%
Lithuania8981,3111,3781,86527.6%
United Arab Emirates10.350.0130897343.3%
United States17.457.119.0867268.0%
Cyprus0.3N/A16.65151097.4%
Finland17528828837328.7%
Malaysia3.7N/AN/A347354.3%
Russia2,17130599.5324-47.0%
Netherlands8.783.31,541310229.1%
Sweden39.627.123528192.2%
Poland10917594.31264.9%
United Kingdom3.330946062.9167.1%
Others2,0561,2674,3511,736-5.5%
Total7,1337,58317,80012,19019.6%

Top Export Markets for Headphone from Estonia in 2022:

  1. Italy (29.2K units)
  2. Latvia (17.8K units)
  3. Lithuania (15.6K units)
  4. United States (8.4K units)
  5. United Arab Emirates (6.8K units)
  6. Russia (4.8K units)
  7. Sweden (4.1K units)
  8. Finland (4.0K units)
  9. Malaysia (3.4K units)
  10. United Kingdom (2.8K units)
  11. Cyprus (2.5K units)
  12. Netherlands (2.3K units)
  13. Poland (2.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the headphone market in Estonia. 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:

  • Estonia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Estonia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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