Austria: Headphone Market Overview 2021

Headphone Market Size in Austria

In 2019, the Austrian headphone market increased by X% to $X, rising for the sixth consecutive year after two years of decline. Overall, consumption, however, enjoyed a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Headphone Production in Austria

In value terms, headphone production surged to $X in 2019 estimated in export prices. Over the period under review, production saw a strong expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Headphone Exports

Exports from Austria

In 2019, headphone exports from Austria skyrocketed to X units, rising by X% on the year before. Over the period under review, exports saw significant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, headphone exports soared to $X in 2019. In general, exports recorded significant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for headphone exports from Austria, accounting for a X% share of total exports. Moreover, headphone exports to Germany exceeded the volume sent to the second major destination, Italy (X units), fivefold. The third position in this ranking was occupied by the Netherlands (X units), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and the Netherlands (+X% per year).

In value terms, Germany ($X) remains the key foreign market for headphone exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The average headphone export price stood at $X per unit in 2019, picking up by X% against the previous year. In general, the export price continues to indicate a resilient increase. The growth pace was the most rapid in 2016 when the average export price increased by X% y-o-y. The export price peaked in 2019 and is likely to see steady growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2019, the countries with the highest prices were France ($X per unit) and Spain ($X per unit), while the average price for exports to Bulgaria ($X per unit) and Switzerland ($X per unit) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced more modest paces of growth.

Headphone Imports

Imports into Austria

In 2019, after two years of decline, there was growth in overseas purchases of headphones, when their volume increased by X% to X units. In general, imports, however, showed a deep reduction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X units in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, headphone imports expanded markedly to $X in 2019. Over the period under review, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Imports peaked in 2019 and are likely to see steady growth in the near future.

Imports by Country

In 2019, China (X units) constituted the largest headphone supplier to Austria, with a X% share of total imports. Moreover, headphone imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The Czech Republic (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the Czech Republic (+X% per year).

In value terms, China ($X) constituted the largest supplier of headphone to Austria, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the Czech Republic (+X% per year).

Import Prices by Country

The average headphone import price stood at $X per unit in 2019, increasing by X% against the previous year. In general, the import price enjoyed significant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure in 2019 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2019, the countries with the highest prices were Viet Nam ($X per unit) and Poland ($X per unit), while the price for Slovakia ($X per unit) and the Netherlands ($X per unit) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Slovakia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for headphones in the world?

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India (1.4B units) constituted the country with the largest volume of headphone consumption, accounting for 42% of total volume. Moreover, headphone consumption in India exceeded the figures recorded by the second-largest consumer, China (618M units), twofold. The third position in this ranking was occupied by the U.S. (333M units), with a 9.9% share.

What are the largest producers of headphones in the world?

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China (2B units) remains the largest headphone producing country worldwide, comprising approx. 70% of total volume. Moreover, headphone production in China exceeded the figures recorded by the second-largest producer, Viet Nam (184M units), more than tenfold. The third position in this ranking was occupied by Hong Kong SAR (136M units), with a 4.7% share.

What are the leading suppliers of headphones to Austria?

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In value terms, China ($56M) constituted the largest supplier of headphone to Austria, comprising 42% of total imports. The second position in the ranking was occupied by Germany ($20M), with a 15% share of total imports. It was followed by the Czech Republic, with a 12% share.

What are the leading importers of headphones from Austria?

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In value terms, Germany ($18M) remains the key foreign market for headphone exports from Austria, comprising 41% of total exports. The second position in the ranking was occupied by Italy ($4.5M), with a 11% share of total exports. It was followed by the Netherlands, with a 5.2% share.

What is the average export price for headphones in Austria?

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The average headphone export price stood at $293 per unit in 2019, rising by 17% against the previous year.

What is the average import price for headphones in Austria?

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The average headphone import price stood at $140 per unit in 2019, increasing by 12% against the previous year.