Hungary - Headphones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHeadphone Price in Hungary - 2023
Contents:
- Headphone Price in Hungary (CIF) - 2023
- Headphone Price in Hungary (FOB) - 2022
- Headphone Imports in Hungary
- Headphone Exports in Hungary
Headphone Price in Hungary (CIF) - 2023
In August 2023, the average headphone import price amounted to $32.8 per unit, dropping by -26.4% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 227% month-to-month. Over the period under review, average import prices attained the peak figure at $52.2 per unit in September 2022; however, from October 2022 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Czech Republic ($333 per unit), while the price for Belgium ($4.7 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Headphone Price in Hungary (FOB) - 2022
In 2022, the average headphone export price amounted to $28 per unit, waning by -31.1% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 20% against the previous year. The export price peaked at $43 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
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 the United States ($56 per unit), while the average price for exports to Germany ($11 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 the United States (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Headphone Imports in Hungary
For the fourth consecutive year, Hungary recorded growth in overseas purchases of headphones, which increased by 28% to 8.6M units in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 99%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, headphone imports declined modestly to $178M in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 82% against the previous year. Over the period under review, imports reached the peak figure at $183M in 2021, and then dropped in the following year.
| Import of Headphone in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 4.9 | 5.4 | 7.3 | 60.9 | 131.6% |
| Ukraine | 17.1 | 17.7 | 30.5 | 35.5 | 27.6% |
| Germany | 6.4 | 18.7 | 30.6 | 18.5 | 42.5% |
| China | 8.5 | 34.8 | 34.6 | 17.3 | 26.7% |
| Netherlands | 8.3 | 14.8 | 15.5 | 10.8 | 9.2% |
| Austria | 0.9 | 0.9 | 6.6 | 6.2 | 90.3% |
| Greece | 9.2 | 18.5 | 31.2 | 5.9 | -13.8% |
| Slovakia | 5.2 | 6.8 | 7.4 | 4.5 | -4.7% |
| Others | 18.1 | 25.0 | 18.8 | 18.8 | 1.3% |
| Total | 78.5 | 143 | 183 | 178 | 31.4% |
Top Suppliers of Headphone to Hungary in 2022:
- Czech Republic (2200.7K units)
- China (1733.2K units)
- Germany (1658.6K units)
- Ukraine (1422.0K units)
- Netherlands (297.9K units)
- Greece (263.7K units)
- Austria (197.6K units)
- Slovakia (97.9K units)
Headphone Exports in Hungary
For the fourth year in a row, Hungary recorded growth in shipments abroad of headphones, which increased by 77% to 5.4M units in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 77%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, headphone exports surged to $152M in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 86% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Headphone in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 19.5 | 61.7 | 86.7 | 39.4 | 26.4% |
| Germany | 4.1 | 4.6 | 0.8 | 21.2 | 72.9% |
| United States | 5.2 | 7.5 | 11.3 | 17.1 | 48.7% |
| Netherlands | N/A | 0.3 | 0.1 | 10.6 | 494.4% |
| Slovenia | 0.2 | 0.8 | 1.3 | 7.3 | 231.7% |
| United Kingdom | N/A | 0.3 | 3.2 | 7.0 | 383.0% |
| France | 0.3 | 0.3 | 0.5 | 6.7 | 181.6% |
| Bulgaria | 2.8 | 0.6 | 0.8 | 4.3 | 15.4% |
| Hong Kong SAR | N/A | N/A | 3.6 | 4.0 | 11.1% |
| Sweden | N/A | N/A | N/A | 3.6 | 0% |
| Croatia | 0.3 | 0.4 | 0.4 | 2.6 | 105.4% |
| Israel | 0.4 | 0.8 | 1.3 | 2.2 | 76.5% |
| Serbia | 0.5 | 0.9 | 1.6 | 2.1 | 61.3% |
| Others | 18.6 | 18.5 | 13.2 | 24.0 | 8.9% |
| Total | 52.0 | 96.6 | 125 | 152 | 43.0% |
Top Export Markets for Headphone from Hungary in 2022:
- Germany (1883.5K units)
- Italy (821.9K units)
- United Kingdom (325.9K units)
- United States (305.0K units)
- Netherlands (258.3K units)
- Sweden (180.4K units)
- France (170.1K units)
- Slovenia (155.9K units)
- Serbia (149.1K units)
- Croatia (129.1K units)
- Hong Kong SAR (93.5K units)
- Bulgaria (92.6K units)
- Israel (89.2K units)
This report provides an in-depth analysis of the headphone market in Hungary. 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:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- 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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