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Finland - Headphones - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Headphone Market Overview 2021

Headphone Market Size in Finland

In 2020, the Finnish headphone market increased by X% to $X, rising for the sixth year in a row after three years of decline. Overall, consumption, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Headphone consumption peaked at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Headphone Production in Finland

In value terms, headphone production dropped modestly to $X in 2020 estimated in export prices. Over the period under review, production showed a noticeable slump. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2020, production stood at a somewhat lower figure.

Headphone Exports

Exports from Finland

In 2020, shipments abroad of headphones decreased by -X% to X units, falling for the seventh year in a row after four years of growth. In general, exports recorded a deep slump. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X units in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, headphone exports shrank slightly to $X in 2020. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2019 to 2020, the growth exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for headphone exports from Finland, with a X% share of total exports. Moreover, headphone exports to Russia exceeded the volume sent to the second major destination, the Czech Republic (X units), fourfold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Russia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-X% per year) and Germany (-X% per year).

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

From 2007 to 2020, the average annual growth rate of value to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+X% per year) and Germany (-X% per year).

Export Prices by Country

In 2020, the average headphone export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price posted significant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The export price peaked in 2020 and is likely to continue growth in years to come.

Average prices varied noticeably for the major export markets. In 2020, the highest prices were recorded for prices to the Czech Republic ($X per unit) and Latvia ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) and Denmark ($X per unit) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia, while the prices for the other major destinations experienced more modest paces of growth.

Headphone Imports

Imports into Finland

In 2020, overseas purchases of headphones increased by X% to X units, rising for the fourth year in a row after four years of decline. Overall, imports, however, saw a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X units in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, headphone imports skyrocketed to $X in 2020. In general, imports, however, continue to indicate notable growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Imports peaked in 2020 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2020, China (X units) constituted the largest supplier of headphone to Finland, with a X% share of total imports. Moreover, headphone imports from China exceeded the figures recorded by the second-largest supplier, Ireland (X units), ninefold. Sweden (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+X% per year) and Sweden (-X% per year).

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

From 2007 to 2020, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+X% per year) and Sweden (+X% per year).

Import Prices by Country

In 2020, the average headphone import price amounted to $X per unit, increasing by X% against the previous year. Overall, the import price showed a remarkable increase. The growth pace was the most rapid in 2013 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum in 2020 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were the Netherlands ($X per unit) and the U.S. ($X per unit), while the price for Viet Nam ($X per unit) and China ($X per unit) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ireland, 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?
+
The countries with the highest volumes of headphone consumption in 2020 were the U.S. (599M units), China (563M units) and Mexico (199M units), with a combined 54% share of global consumption. Spain, India, El Salvador, Japan, South Korea and France lagged somewhat behind, together accounting for a further 15%.
What are the largest producers of headphones in the world?
+
China (1.4B units) remains the largest headphone producing country worldwide, comprising approx. 66% of total volume. Moreover, headphone production in China exceeded the figures recorded by the second-largest producer, Viet Nam (109M units), more than tenfold. Hong Kong SAR (105M units) ranked third in terms of total production with a 5% share.
What are the leading suppliers of headphones to Finland?
+
In value terms, China ($89M) constituted the largest supplier of headphone to Finland, comprising 72% of total imports. The second position in the ranking was occupied by Ireland ($9.9M), with a 8% share of total imports. It was followed by Sweden, with a 4.1% share.
What are the leading importers of headphones from Finland?
+
In value terms, Russia ($5.3M) remains the key foreign market for headphone exports from Finland, comprising 41% of total exports. The second position in the ranking was occupied by the Czech Republic ($1.2M), with a 9.1% share of total exports. It was followed by Germany, with a 6.7% share.
What is the average export price for headphones in Finland?
+
The average headphone export price stood at $980 per unit in 2020, jumping by 53% against the previous year.
What is the average import price for headphones in Finland?
+
The average headphone import price stood at $20 per unit in 2020, with an increase of 15% against the previous year.

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 Finland. 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 2025.


Country coverage:
• Finland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Finland
• 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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