Report Denmark - Headphones - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

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

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Denmark: Headphone Market 2023

Headphone Market Size in Denmark

In 2021, the Danish headphone market decreased by -36.7% to $X, falling for the second year in a row after four years of growth. Over the period under review, consumption saw a noticeable contraction. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Headphone Production in Denmark

In value terms, headphone production reduced dramatically to $X in 2021 estimated in export price. In general, production saw a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 103%. Headphone production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Headphone Exports

Exports from Denmark

In 2021, overseas shipments of headphones increased by 39% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 156%. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, headphone exports expanded notably to $X in 2021. In general, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Sweden (X units), Germany (X units) and the UK (X units) were the main destinations of headphone exports from Denmark, together comprising 49% of total exports. Norway, Poland, Italy, the Netherlands, France and the United States lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +55.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and Italy ($X) constituted the largest markets for headphone exported from Denmark worldwide, with a combined 48% share of total exports.

Italy, with a CAGR of +52.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average headphone export price stood at $X per unit in 2021, declining by -20.7% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 46% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per unit), while the average price for exports to Norway ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-1.8%), while the prices for the other major destinations experienced a decline.

Headphone Imports

Imports into Denmark

For the fifth consecutive year, Denmark recorded growth in supplies from abroad of headphones, which increased by 0.7% to X units in 2021. The total import volume increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 26% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, headphone imports stood at $X in 2021. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 39%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

China (X units), Sweden (X units) and Germany (X units) were the main suppliers of headphone imports to Denmark, together accounting for 87% of total imports. These countries were followed by the Netherlands and the Czech Republic, which together accounted for a further 4.3%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +23.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest headphone suppliers to Denmark were Sweden ($X), China ($X) and Germany ($X), together accounting for 82% of total imports.

Sweden, with a CAGR of +24.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average headphone import price amounted to $X per unit, approximately reflecting the previous year. In general, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, headphone import price increased by +80.2% against 2013 indices. The growth pace was the most rapid in 2020 an increase of 39% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Czech Republic ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for headphones in the world?
+
The countries with the highest volumes of consumption in 2021 were China, the United States and Vietnam, with a combined 44% share of global consumption. These countries were followed by Nigeria, Brazil, Mexico, the UK, Belgium, Germany, Japan, France and Thailand, which together accounted for a further 25%.
What are the largest producers of headphones in the world?
+
China constituted the country with the largest volume of headphone production, comprising approx. 62% of total volume. Moreover, headphone production in China exceeded the figures recorded by the second-largest producer, the United States, sevenfold. Vietnam ranked third in terms of total production with a 7.1% share.
What are the leading suppliers of headphones to Denmark?
+
In value terms, Sweden, China and Germany constituted the largest headphone suppliers to Denmark, together accounting for 82% of total imports.
What are the leading importers of headphones from Denmark?
+
In value terms, the largest markets for headphone exported from Denmark were Germany, Sweden and Italy, with a combined 48% share of total exports.
What is the average export price for headphones in Denmark?
+
The average headphone export price stood at $12 per unit in 2021, reducing by -20.7% against the previous year.
What is the average import price for headphones in Denmark?
+
In 2021, the average headphone import price amounted to $7.6 per unit, remaining stable against the previous year.

This report provides an in-depth analysis of the headphone market in Denmark. 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:
• Denmark

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Denmark
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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