Greece - Headphones - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Greece: Headphone Market Overview 2020

Headphone Market Size in Greece

The revenue of the headphone market in Greece amounted to $X in 2018, increasing by X% against the previous year. Over the period under review, headphone consumption continues to indicate strong growth. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Headphone consumption peaked in 2018 and is likely to continue its growth in the near future.

Headphone Production in Greece

In value terms, headphone production stood at $X in 2018 estimated in export prices. Overall, headphone production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, headphone production reached its peak figure level at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Headphone Exports

Exports from Greece

In 2018, the amount of headphones exported from Greece amounted to X units, dropping by -X% against the previous year. Over the period under review, headphone exports continue to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Exports peaked at X units in 2011; however, from 2012 to 2018, exports stood at a somewhat 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 2016 when exports increased by X% y-o-y. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Cyprus (X units), Albania (X units) and the Netherlands (X units) were the main destinations of headphone exports from Greece, with a combined X% share of total exports. The UK, Germany, the Philippines and Denmark 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 the UK (+X% per year), while the other leaders experienced more modest paces of growth.

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

From 2007 to 2018, the average annual growth rate of value to Cyprus totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the average headphone export price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the headphone export price continues to indicate a skyrocketing increase. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The export price peaked 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 Cyprus ($X per unit), while the average price for exports to Denmark ($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 Cyprus (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Headphone Imports

Imports into Greece

In 2018, the amount of headphones imported into Greece amounted to X units, shrinking by -X% against the previous year. Overall, headphone imports continue to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Imports peaked at X units in 2016; however, from 2017 to 2018, imports remained at a lower figure.

In value terms, headphone imports amounted to $X in 2018. In general, headphone imports continue to indicate modest growth. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. In that year, headphone imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, China (X units) constituted the largest supplier of headphone to Greece, accounting for a X% share of total imports. Moreover, headphone imports from China exceeded the figures recorded by the second-largest supplier, China, Hong Kong SAR (X units), more than tenfold.

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

In value terms, the largest headphone suppliers to Greece were China ($X), the Netherlands ($X) and China, Hong Kong SAR ($X), with a combined X% share of total imports.

In terms of the main suppliers, the Netherlands experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced mixed trend patterns.

Import Prices by Country

The average headphone import price stood at $X per unit in 2018, surging by X% against the previous year. In general, the headphone import price continues to indicate extraordinary growth. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Over the period under review, the average import prices for headphones reached their peak figure in 2018 and is likely to continue its growth in the immediate term.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform