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

U.S. - Headphones - Market Analysis, Forecast, Size, Trends and Insights

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Headphone Price in the United States - 2023

Contents:

  1. Headphone Price in the United States (CIF) - 2023
  2. Headphone Price in the United States (FOB) - 2023
  3. Headphone Imports in the United States
  4. Headphone Exports in the United States

Headphone Price in the United States (CIF) - 2023

In October 2023, the average headphone import price amounted to $24.5 per unit, picking up by 15% against the previous month. Over the period under review, import price indicated notable growth from October 2022 to October 2023: its price increased at an average monthly rate of +2.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, headphone import price increased by +107.1% against August 2023 indices. The growth pace was the most rapid in September 2023 when the average import price increased by 80% against the previous month. Over the period under review, average import prices hit record highs in October 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($60.3 per unit), while the price for China stood at $13.0 per unit.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+1.9%).

Headphone Price in the United States (FOB) - 2023

The average headphone export price stood at $51.2 per unit in October 2023, remaining stable against the previous month. Overall, the export price, however, recorded a slight contraction. The pace of growth appeared the most rapid in December 2022 an increase of 19% m-o-m. As a result, the export price reached the peak level of $66.3 per unit. From January 2023 to October 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($86.4 per unit), while the average price for exports to Brazil ($21.0 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Headphone Imports in the United States

In 2022, headphone imports into the United States soared to 436M units, jumping by 23% compared with 2021. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.9% 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 +76.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, headphone imports rose sharply to $6.6B in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 151%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Headphone in the United States (Billion USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.21.92.73.340.1%
Vietnam0.21.83.02.9143.8%
Others0.30.30.40.410.1%
Total1.64.06.06.660.4%

Top Suppliers of Headphone to the United States in 2022:

  1. China (349.8M units)
  2. Vietnam (64.8M units)

Headphone Exports in the United States

In 2022, after three years of growth, there was decline in shipments abroad of headphones, when their volume decreased by -2.9% to 18M units. The total export volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 11% against the previous year. The exports peaked at 18M units in 2021, and then shrank slightly in the following year.

In value terms, headphone exports declined modestly to $926M in 2022. The total export value increased at an average annual rate of +9.6% over the period from 2019 to 2022; 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 46%. As a result, the exports attained the peak of $1B. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Headphone in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada4166945194825.0%
Mexico52.284.714311730.9%
United Arab Emirates25.015.026.844.421.1%
Germany13.014.215.218.312.1%
United Kingdom14.816.716.818.06.7%
Argentina3.76.19.916.865.6%
Hong Kong SAR14.913.09.616.12.6%
Brazil9.29.110.416.020.3%
Colombia5.911.118.913.130.5%
Paraguay5.84.310.912.127.8%
Peru3.66.513.711.246.0%
Chile6.014.933.011.022.4%
Others1331341301504.1%
Total7031,0249579269.6%

Top Export Markets for Headphone from the United States in 2022:

  1. Canada (8.5M units)
  2. Mexico (2.3M units)
  3. Brazil (0.6M units)
  4. United Kingdom (0.5M units)
  5. Chile (0.4M units)
  6. United Arab Emirates (0.4M units)
  7. Germany (0.4M units)
  8. Argentina (0.4M units)
  9. Peru (0.3M units)
  10. Paraguay (0.3M units)
  11. Colombia (0.3M units)
  12. Hong Kong SAR (0.3M units)

Source: IndexBox Market Intelligence Platform

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

  • United States

Data coverage:

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