Latest Report Update: Dec 30, 2019

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

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Colombia: Headphone Market Overview 2020

Headphone Market Size in Colombia

The revenue of the headphone market in Colombia amounted to $X in 2018, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, headphone consumption, however, continues to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Headphone consumption peaked in 2018 and is expected to retain its growth in the near future.

Headphone Exports

Exports from Colombia

In 2018, the exports of headphones from Colombia amounted to X units, coming down by -X% against the previous year. In general, headphone exports, however, continue to indicate an extraordinary expansion. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. In that year, headphone exports reached their peak of X units. From 2012 to 2018, the growth of headphone exports remained at a somewhat lower figure.

In value terms, headphone exports totaled $X in 2018. In general, headphone exports, however, continue to indicate a skyrocketing increase. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, headphone exports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Peru (X units) was the main destination for headphone exports from Colombia, accounting for a X% share of total exports. Moreover, headphone exports to Peru exceeded the volume sent to the second major destination, the U.S. (X units), threefold. Costa Rica (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Peru amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Costa Rica (+X% per year).

In value terms, the U.S. ($X) emerged as the key foreign market for headphone exports from Colombia, comprising X% of total headphone exports. The second position in the ranking was occupied by Panama ($X), with a X% share of total exports. It was followed by Peru, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+X% per year) and Peru (+X% per year).

Export Prices by Country

In 2018, the average headphone export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the headphone export price, however, continues to indicate a drastic contraction. The pace of growth was the most pronounced in 2010 when the average export price increased by X% y-o-y. In that year, the average export prices for headphones reached their peak level of $X per unit. From 2011 to 2018, the growth in terms of the average export prices for headphones failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Panama ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+X% per year), while the prices for the other major destinations experienced mixed trend patterns.

Headphone Imports

Imports into Colombia

In 2018, approx. X units of headphones were imported into Colombia; remaining stable against the previous year. In general, headphone imports, however, continue to indicate a skyrocketing expansion. The growth pace was the most rapid in 2012 when imports increased by X% year-to-year. Imports peaked at X units in 2017, leveling off in the following year.

In value terms, headphone imports stood at $X in 2018. In general, headphone imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, headphone imports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, China (X units) was the main headphone supplier to Colombia, accounting for a X% share of total imports. Moreover, headphone imports from China exceeded the figures recorded by the second-largest supplier, China, Hong Kong SAR (X units), more than tenfold.

From 2007 to 2018, the average annual growth rate of volume from China amounted to +X%.

In value terms, China ($X) constituted the largest supplier of headphone to Colombia, comprising X% of total headphone imports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from China amounted to +X%.

Import Prices by Country

The average headphone import price stood at $X per unit in 2018, jumping by X% against the previous year. In general, the headphone import price, however, continues to indicate a deep drop. The pace of growth was the most pronounced in 2018 when the average import price increased by X% y-o-y. The import price peaked at $X per unit in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per unit), while the price for China, Hong Kong SAR amounted to $X per unit.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 26404270 - Headphones and earphones, even with microphone, and sets consisting of microphone and one or more loudspeakers (excluding airmen

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


Country coverage:
• Colombia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Colombia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018

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