Lithuania - Headphones - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

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

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Headphone Price in Lithuania - 2023

Contents:

  1. Headphone Price in Lithuania (CIF) - 2023
  2. Headphone Price in Lithuania (FOB) - 2022
  3. Headphone Imports in Lithuania
  4. Headphone Exports in Lithuania

Headphone Price in Lithuania (CIF) - 2023

In August 2023, the average headphone import price amounted to $159 per unit, with an increase of 29% against the previous month. Over the period under review, the import price recorded temperate growth. The most prominent rate of growth was recorded in September 2022 an increase of 77% m-o-m. As a result, import price attained the peak level of $221 per unit. From October 2022 to August 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($882 per unit), while the price for the United Arab Emirates ($27.7 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 Estonia (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Headphone Price in Lithuania (FOB) - 2022

The average headphone export price stood at $99 per unit in 2022, with an increase of 10% against the previous year. Overall, the export price showed a resilient expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 77% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($252 per unit), while the average price for exports to Kazakhstan ($15 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 Latvia (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Headphone Imports in Lithuania

In 2022, overseas purchases of headphones decreased by -7.2% to 642K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 38%. Over the period under review, imports attained the maximum at 692K units in 2021, and then contracted in the following year.

In value terms, headphone imports soared to $96M in 2022. Over the period under review, imports, however, showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Headphone in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.60.53.633.6282.6%
Czech Republic14.520.418.522.515.8%
Latvia3.36.911.014.061.9%
Germany2.12.87.07.452.2%
Poland5.23.15.04.6-4.0%
China2.23.05.32.99.6%
Finland1.11.31.72.633.2%
Estonia1.81.91.92.511.6%
Denmark0.71.11.71.528.9%
Slovakia1.60.83.21.3-6.7%
Sweden1.41.20.90.4-34.1%
Italy3.00.10.20.3-53.6%
Others1.72.42.12.818.1%
Total39.245.762.296.334.9%

Top Suppliers of Headphone to Lithuania in 2022:

  1. China (101.0K units)
  2. Poland (96.3K units)
  3. Netherlands (91.6K units)
  4. Latvia (71.0K units)
  5. Czech Republic (61.2K units)
  6. Estonia (56.4K units)
  7. Germany (50.8K units)
  8. Finland (39.1K units)
  9. Denmark (12.6K units)
  10. Sweden (12.4K units)
  11. Slovakia (6.2K units)
  12. Italy (1.9K units)

Headphone Exports in Lithuania

In 2022, the amount of headphones exported from Lithuania skyrocketed to 608K units, increasing by 50% against 2021. In general, exports showed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, headphone exports surged to $60M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Headphone in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia4.16.58.915.254.8%
Latvia16.112.814.812.7-7.6%
Germany1.30.91.85.157.7%
Poland1.50.70.74.139.8%
Czech Republic0.40.23.13.8111.8%
Bulgaria0.40.10.13.7109.9%
Hungary0.20.20.23.2152.0%
Italy1.91.61.71.4-9.7%
Kazakhstan0.10.10.10.8100.0%
Russia0.92.71.90.5-17.8%
Others2.62.23.29.956.2%
Total29.528.036.560.326.9%

Top Export Markets for Headphone from Lithuania in 2022:

  1. Czech Republic (189.3K units)
  2. Estonia (74.6K units)
  3. Bulgaria (61.2K units)
  4. Kazakhstan (52.3K units)
  5. Latvia (50.2K units)
  6. Poland (35.7K units)
  7. Hungary (32.1K units)
  8. Germany (18.7K units)
  9. Russia (3.6K units)
  10. Italy (3.3K units)

Source: IndexBox Market Intelligence Platform

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

  • Lithuania

Data coverage:

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