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

Estonia: Headphone Market Overview 2019

Headphone Market Size in Estonia

The revenue of the headphone market in Estonia amounted to $X in 2017, remaining stable against the previous year. Overall, headphone consumption continues to indicate a relatively flat trend pattern.

Headphone Production in Estonia

In value terms, headphone production totaled $X in 2017 estimated in export prices. Over the period under review, headphone production continues to indicate a skyrocketing expansion. The growth pace was the most rapid in 2009, with an increase of X% year-to-year. In that year, headphone production attained its peak level of $X. From 2010 to 2017, headphone production growth failed to regain its momentum.

Headphone Exports

Exports from Estonia

In 2017, headphone exports from Estonia totaled X units, going down by -X% against the previous year. Over the period under review, headphone exports continue to indicate an abrupt decrease. The pace of growth was the most pronounced in 2011, when exports increased by X% against the previous year. Estonia exports peaked at X units in 2013; however, from 2014 to 2017, exports remained at a lower figure.

In value terms, headphone exports stood at $X in 2017. Over the period under review, headphone exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2013, when exports increased by X% year-to-year. Estonia exports peaked in 2017, and are likely to see steady growth in the near future.

Exports by Country

China was the major exporting country with an export of about X units, which amounted to X% of total exports. China, Hong Kong SAR (X units) took the second position in the ranking, distantly followed by Viet Nam (X units). All these countries together held near X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to headphone exports from China stood at -X%. At the same time, Viet Nam (+X%) and China, Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. China (X%) significantly strengthened its position in terms of the global exports, while Viet Nam and China, Hong Kong SAR saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, the largest headphone markets from Estonia were China ($X), China, Hong Kong SAR ($X) and Viet Nam ($X), with a combined X% share of total exports.

Viet Nam recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the headphone export price in Estonia amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the headphone export price continues to indicate an outstanding growth. The pace of growth was the most pronounced in 2009, when the export price increased by X% year-to-year. In that year, the export prices for headphones attained their peak level of $X per unit. From 2010 to 2017, the growth in terms of the export prices for headphones remained at a lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Viet Nam ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, while the other leaders experienced a decline in the export price figures.

Headphone Imports

Imports into Estonia

In 2017, the amount of headphones imported into Estonia stood at X units, lowering by -X% against the previous year. Over the period under review, headphone imports continue to indicate a dramatic decline. The growth pace was the most rapid in 2011, when imports increased by X% against the previous year. Estonia imports peaked at X units in 2016, and then declined slightly in the following year.

In value terms, headphone imports stood at $X in 2017. Over the period under review, headphone imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, headphone imports attained their peak , and are likely to continue its growth in the immediate term.

Imports by Country

The imports of the three major importers of headphones, namely India, the U.S. and China, Hong Kong SAR, represented more than half of total import. Brazil (X units) held a X% share (based on tonnes) of total imports, which put it in second place, followed by China (X%). Russia (X units), Singapore (X units) and Argentina (X units) took a minor share of total imports.

From 2007 to 2017, 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, the largest headphone importing markets into Estonia were China, Hong Kong SAR ($X), China ($X) and the U.S. ($X), together comprising X% of total imports.

China recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2017, the headphone import price in Estonia amounted to $X per unit, picking up by X% against the previous year. Overall, the headphone import price continues to indicate a skyrocketing growth. The pace of growth appeared the most rapid in 2017, an increase of X% against the previous year. In that year, the import prices for headphones reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China ($X per unit), while India ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform