Republic of Korea - Headphones - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingHeadphone Price in South Korea - 2022
Contents:
- Headphone Price in South Korea (CIF) - 2022
- Headphone Price in South Korea (FOB) - 2022
- Headphone Imports in South Korea
- Headphone Exports in South Korea
Headphone Price in South Korea (CIF) - 2022
In 2022, the average headphone import price amounted to $53 per unit, with an increase of 33% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, headphone import price increased by +71.7% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($114 per unit), while the price for China ($52 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%), while the prices for the other major suppliers experienced a decline.
Headphone Price in South Korea (FOB) - 2022
In 2022, the average headphone export price amounted to $42 per unit, falling by -2.1% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, headphone export price decreased by -4.1% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 70% against the previous year. The export price peaked at $64 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($42 per unit) and the United Arab Emirates ($42 per unit), while the average price for exports to Brazil ($42 per unit) and India ($42 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Headphone Imports in South Korea
In 2022, supplies from abroad of headphones increased by 7.2% to 3.2M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep setback. Imports peaked at 4.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, headphone imports soared to $172M in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Headphone in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 58.8 | 62.1 | 75.6 | 90.4 | 15.4% |
| Vietnam | 53.8 | 45.4 | 19.8 | 29.0 | -18.6% |
| Malaysia | 0.2 | 0.1 | 0.1 | 25.7 | 404.6% |
| Thailand | 1.4 | 0.7 | 1.4 | 8.8 | 84.6% |
| United States | 5.3 | 4.1 | 4.5 | 6.8 | 8.7% |
| United Arab Emirates | 10.8 | N/A | N/A | N/A | 0% |
| Others | 7.9 | 10.7 | 19.3 | 11.5 | 13.3% |
| Total | 138 | 123 | 121 | 172 | 7.6% |
Top Suppliers of Headphone to South Korea in 2022:
- China (1752.4K units)
- Vietnam (561.5K units)
- Malaysia (497.9K units)
- Thailand (170.1K units)
- United States (59.5K units)
- United Arab Emirates (0.1K units)
Headphone Exports in South Korea
For the third consecutive year, South Korea recorded decline in overseas shipments of headphones, which decreased by -6.2% to 593K units in 2022. Overall, exports recorded a sharp downturn. Over the period under review, the exports hit record highs at 1.2M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, headphone exports declined to $25M in 2022. In general, exports saw a abrupt decrease. The exports peaked at $47M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Headphone in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.8 | 12.1 | 13.3 | 11.6 | 9.6% |
| Hong Kong SAR | 7.3 | 4.4 | 2.0 | 3.5 | -21.7% |
| Japan | 3.7 | 4.3 | 3.0 | 1.8 | -21.4% |
| Israel | 0.6 | 1.1 | 0.6 | 1.1 | 22.4% |
| United Kingdom | 1.6 | 3.3 | 1.6 | 0.7 | -24.1% |
| Australia | 0.6 | 0.5 | 0.2 | 0.6 | 0.0% |
| Austria | 1.5 | 0.3 | N/A | 0.5 | -30.7% |
| Netherlands | 3.0 | 0.4 | 0.7 | 0.5 | -45.0% |
| Canada | 0.2 | 0.4 | 0.2 | 0.4 | 26.0% |
| United Arab Emirates | 0.4 | 0.4 | 0.2 | 0.4 | 0.0% |
| Vietnam | 1.9 | 0.7 | 1.2 | 0.2 | -52.8% |
| Russia | 1.4 | 0.7 | 0.3 | 0.2 | -47.7% |
| India | 10.3 | 1.5 | 0.2 | 0.1 | -78.7% |
| Others | 6.1 | 4.4 | 3.6 | 3.3 | -18.5% |
| Total | 47.3 | 34.5 | 27.0 | 24.8 | -19.4% |
Top Export Markets for Headphone from South Korea in 2022:
- United States (278.4K units)
- Hong Kong SAR (84.4K units)
- Japan (42.7K units)
- Israel (26.3K units)
- United Kingdom (15.6K units)
- Australia (13.9K units)
- Austria (12.0K units)
- Netherlands (10.8K units)
- Canada (9.5K units)
- United Arab Emirates (9.5K units)
- Russia (4.2K units)
- Vietnam (3.9K units)
- India (3.4K units)
This report provides an in-depth analysis of the headphone market in Republic of Korea. 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:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
530
This report provides an in-depth analysis of the headphone market in Republic of Korea.
288
This report provides an in-depth analysis of the market for parts of apparatus of hs in Republic of Korea.
344
This report provides an in-depth analysis of the amplifier market in Republic of Korea.
406
This report provides an in-depth analysis of the loudspeaker market in Republic of Korea.
251
This report provides an in-depth analysis of the audio-frequency electric amplifiers market in Republic of Korea.
352
This report provides an in-depth analysis of the electric sound amplifier market in Republic of Korea.
275
This report provides an in-depth analysis of the non-enclosed loudspeakers market in Republic of Korea.
399
This report provides an in-depth analysis of the microphone market in Republic of Korea.
379
This report provides an in-depth analysis of the multiple loudspeakers market in Republic of Korea.
268
This report provides an in-depth analysis of the loudspeaker market in Republic of Korea.
61
Explore the top import markets for headphones in the world and the key statistics for each country. From the United States to Poland, discover where the demand for headphones is booming.
1360
In 2015, the value of total imports on the global headphone market stood at X million USD. Overall, there was an annual increase of +X% for the period from 2007 to 2015. In physical terms, the total volume of headphone was X million units in X
1260
From 2007 to 2015, global exports on the headphone market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports stood at X million units in 2015, which was X million units (X%) less than the year before.
2996
The global earphone and headphone market is expected to reach X billion USD by 2020. The industry is estimated to grow at a CAGR above +X% over the forecast period due to the recent technological advancements, which resulted in the miniaturization
3885
The global headphone market had total revenues of X million USD in 2015, exhibiting a compound annual growth rate (CAGR) of +X% from 2007 to 2015.
217
Explore the top import markets for amplifiers and discover key statistics on the global trade. Learn about the leading countries in amplifier imports and their market values.
856
In 2016, the amount of amplifier imported worldwide amounted to X tons, approximately mirroring the previous year level. In general, amplifier imports continue to indicate a deep contraction. The...
875
In 2016, the amount of amplifier imported worldwide amounted to X tons, approximately mirroring the previous year level. In general, amplifier imports continue to indicate a deep contraction. The...
1107
China dominates in the global amplifier trade. In 2014, China exported X million units of amplifiers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total amplifier export
276
Explore the top import markets for loudspeakers worldwide, including the United States, Germany, the Netherlands, China, and more. Discover key statistics and market insights.
