Thailand - Headphones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHeadphone Price in Thailand - 2023
Contents:
- Headphone Price in Thailand (CIF) - 2023
- Headphone Price in Thailand (FOB) - 2023
- Headphone Imports in Thailand
- Headphone Exports in Thailand
Headphone Price in Thailand (CIF) - 2023
In September 2023, the average headphone import price amounted to $4.5 per unit, surging by 3.6% against the previous month. Over the period under review, the import price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 71% m-o-m. The import price peaked at $9.7 per unit in February 2023; however, from March 2023 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 Vietnam ($42.4 per unit), while the price for China amounted to $3.3 per unit.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (-0.4%).
Headphone Price in Thailand (FOB) - 2023
In September 2023, the average headphone export price amounted to $37.5 per unit, surging by 11% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. The growth pace was the most rapid in May 2023 when the average export price increased by 13% m-o-m. The export price peaked in September 2023.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Belgium ($65.7 per unit), while the average price for exports to the Netherlands ($6.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Headphone Imports in Thailand
In 2022, supplies from abroad of headphones decreased by -12% to 9.7M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 66% against the previous year. As a result, imports attained the peak of 11M units, and then fell in the following year.
In value terms, headphone imports dropped to $193M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 34%. Imports peaked at $210M in 2021, and then contracted in the following year.
Import of Headphone in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 97.4 | 129 | 155 | 127 | 9.2% |
Vietnam | 5.6 | 13.5 | 39.9 | 51.6 | 109.6% |
Mexico | 8.2 | 11.8 | 3.4 | 3.0 | -28.5% |
Others | 11.8 | 10.3 | 12.0 | 11.8 | 0.0% |
Total | 123 | 165 | 210 | 193 | 16.2% |
Top Suppliers of Headphone to Thailand in 2022:
- China (8.5M units)
- Vietnam (0.9M units)
- Mexico (0.2M units)
Headphone Exports in Thailand
In 2022, the amount of headphones exported from Thailand stood at 6.7M units, picking up by 6.3% on the previous year's figure. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 111%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, headphone exports rose markedly to $170M in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 62%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Headphone in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 20.2 | 54.7 | 57.4 | 71.2 | 52.2% |
Belgium | 0.2 | 2.8 | 18.3 | 27.5 | 416.1% |
China | 9.4 | 6.6 | 19.8 | 20.6 | 29.9% |
India | 5.2 | 5.3 | 6.5 | 7.6 | 13.5% |
Australia | 1.3 | 3.5 | 5.7 | 7.6 | 80.1% |
Netherlands | 10.3 | 8.0 | 7.5 | 6.2 | -15.6% |
Japan | 8.8 | 8.4 | 7.1 | 6.2 | -11.0% |
Hong Kong SAR | 2.2 | 4.1 | 4.8 | 3.5 | 16.7% |
United Arab Emirates | 0.9 | 7.4 | 0.7 | 2.7 | 44.2% |
Malaysia | 2.5 | 6.2 | 6.1 | 2.6 | 1.3% |
Philippines | 1.0 | 2.9 | 2.2 | 2.3 | 32.0% |
United Kingdom | 3.7 | 2.3 | 2.6 | 0.9 | -37.6% |
Slovakia | N/A | N/A | 1.1 | 0.5 | -54.5% |
Others | 9.9 | 10.9 | 10.8 | 10.4 | 1.7% |
Total | 75.7 | 123 | 151 | 170 | 31.0% |
Top Export Markets for Headphone from Thailand in 2022:
- United States (1916.8K units)
- Japan (765.2K units)
- India (645.9K units)
- China (564.3K units)
- Belgium (484.1K units)
- Netherlands (452.7K units)
- Australia (304.8K units)
- Hong Kong SAR (263.9K units)
- Malaysia (217.4K units)
- Philippines (208.6K units)
- United Arab Emirates (134.8K units)
- Slovakia (116.5K units)
- United Kingdom (107.8K units)
This report provides an in-depth analysis of the headphone market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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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