Finland: Headphone Market Overview 2020

Headphone Market Size in Finland

The revenue of the headphone market in Finland amounted to $X in 2018, lowering by -X% against the previous year. Overall, headphone consumption continues to indicate a precipitous descent. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. In that year, the headphone market attained its peak level of $X. From 2009 to 2018, the growth of the headphone market failed to regain its momentum.

Headphone Production in Finland

In value terms, headphone production stood at $X in 2018 estimated in export prices. In general, headphone production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Headphone production peaked at $X in 2015; however, from 2016 to 2018, production remained at a lower figure.

Headphone Exports

Exports from Finland

In 2018, the headphone exports from Finland stood at X units, going down by -X% against the previous year. In general, headphone exports continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. Over the period under review, headphone exports reached their maximum at X units in 2012; however, from 2013 to 2018, exports remained at a lower figure.

In value terms, headphone exports stood at $X in 2018. In general, headphone exports continue to indicate measured growth. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. In that year, headphone exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

Hungary (X units), Germany (X units) and the UK (X units) were the main destinations of headphone exports from Finland, together accounting for X% of total exports. Estonia, India, the Netherlands, Belgium, Italy, Denmark, Saudi Arabia, France and Georgia lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by India, while the other leaders experienced a decline.

In value terms, the UK ($X), Denmark ($X) and Germany ($X) appeared to be the largest markets for headphone exported from Finland worldwide, together comprising X% of total exports.

Among the main countries of destination, the UK experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average headphone export price amounted to $X per unit, surging by X% against the previous year. In general, the headphone export price continues to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices for headphones attained their maximum in 2018 and is likely to continue its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Denmark ($X per unit), while the average price for exports to Georgia ($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 Denmark, while the prices for the other major destinations experienced more modest paces of growth.

Headphone Imports

Imports into Finland

In 2018, the headphone imports into Finland totaled X units, therefore, remained relatively stable against the previous year. In general, headphone imports, however, continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. In that year, headphone imports reached their peak of X units. From 2009 to 2018, the growth of headphone imports failed to regain its momentum.

In value terms, headphone imports totaled $X in 2018. Over the period under review, headphone imports, however, continue to indicate a mild drop. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, headphone imports reached their maximum at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X units) constituted the largest supplier of headphone to Finland, accounting for a X% share of total imports. Moreover, headphone imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X units), threefold. The Netherlands (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-X% per year) and the Netherlands (-X% per year).

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

From 2007 to 2018, the average annual growth rate of value from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and the Netherlands (+X% per year).

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 continues to indicate skyrocketing growth. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked in 2018 and is likely to continue its growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per unit), while the price for China, Hong Kong SAR ($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 (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform