Estonia: Headphone Market Overview 2020

Headphone Market Size in Estonia

The revenue of the headphone market in Estonia amounted to $X in 2018, growing by X% against the previous year. Over the period under review, headphone consumption continues to indicate a strong increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the headphone market attained its maximum level in 2018 and is expected to retain its growth in the immediate term.

Headphone Production in Estonia

In value terms, headphone production amounted to $X in 2018 estimated in export prices. In general, headphone production, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2012 when production volume increased by X% y-o-y. Over the period under review, headphone production reached its maximum level in 2018 and is likely to see steady growth in the near future.

Headphone Exports

Exports from Estonia

Headphone exports from Estonia stood at X units in 2018, growing by X% against the previous year. In general, headphone exports continue to indicate prominent growth. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. In that year, headphone exports attained their peak of X units. From 2009 to 2018, the growth of headphone exports remained at a lower figure.

In value terms, headphone exports stood at $X in 2018. In general, headphone exports continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, headphone exports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

China dominates headphone exports structure, reaching X units, which was near X% of total exports in 2018. It was distantly followed by Viet Nam (X units), making up an X% share of total exports.

From 2007 to 2018, average annual rates of growth with regard to headphone exports from China stood at -X%. At the same time, Viet Nam (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of Viet Nam increased by +X% percentage points, while China (-X p.p.) saw their share reduced.

In value terms, the largest headphone markets from Estonia were China ($X), Viet Nam ($X) and Estonia ($X), together comprising X% of total exports.

Among the main exporting countries, Viet Nam recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The headphone export price in Estonia stood at $X per unit in 2018, surging by X% against the previous year. Over the period under review, the headphone export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2009 when the export price increased by X% against the previous year. Over the period under review, the export prices for headphones reached their maximum in 2018 and is likely to continue its growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Viet Nam ($X per unit), while China totaled $X per unit.

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

Headphone Imports

Imports into Estonia

In 2018, the imports of headphones into Estonia totaled X units, increasing by X% against the previous year. In general, headphone imports, however, continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Estonia imports peaked at X units in 2016; however, from 2017 to 2018, imports remained at a lower figure.

In value terms, headphone imports stood at $X in 2018. Over the period under review, headphone imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. In that year, headphone imports attained their peak of $X, and then declined slightly in the following year.

Imports by Country

The imports of the three major importers of headphones, namely China, India and the U.S., represented more than half of total import. It was distantly followed by China, Hong Kong SAR (X units) and Brazil (X units), together comprising a X% share of total imports. Russia (X units) and Singapore (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, China, Hong Kong SAR ($X), China ($X) and the U.S. ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports.

China experienced the highest growth rate of imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The headphone import price in Estonia stood at $X per unit in 2018, reducing by -X% against the previous year. Overall, the headphone import price, however, continues to indicate a skyrocketing increase. The growth pace was the most rapid in 2017 an increase of X% year-to-year. In that year, the import prices for headphones reached their peak level of $X per unit, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was China, Hong Kong SAR ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform