Ireland: Headphone Market Overview 2020

Headphone Market Size in Ireland

The revenue of the headphone market in Ireland amounted to $X in 2018, increasing by X% against the previous year. Over the period under review, headphone consumption, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2017 when the market value increased by X% against the previous year. Headphone consumption peaked in 2018 and is likely to continue its growth in the near future.

Headphone Production in Ireland

In value terms, headphone production amounted to $X in 2018 estimated in export prices. In general, headphone production, however, continues to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. In that year, headphone production attained its peak level of $X. From 2015 to 2018, headphone production growth remained at a lower figure.

Headphone Exports

Exports from Ireland

In 2018, approx. X units of headphones were exported from Ireland; waning by -X% against the previous year. In general, headphone exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. Over the period under review, headphone exports attained their peak figure at X units in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

In value terms, headphone exports totaled $X in 2018. Over the period under review, headphone exports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Exports peaked at $X in 2012; however, from 2013 to 2018, exports remained at a lower figure.

Exports by Country

The UK (X units), Germany (X units) and China, Hong Kong SAR (X units) were the main destinations of headphone exports from Ireland, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Germany, while the other leaders experienced a decline.

In value terms, Germany ($X), the U.S. ($X) and China, Hong Kong SAR ($X) appeared to be the largest markets for headphone exported from Ireland worldwide, with a combined X% share of total exports.

Among the main countries of destination, Germany recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced mixed trend patterns.

Export Prices by Country

The average headphone export price stood at $X per unit in 2018, going down by -X% against the previous year. In general, the headphone export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. In that year, the average export prices for headphones attained their peak level of $X per unit, and then declined slightly in the following year.

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

Headphone Imports

Imports into Ireland

In 2018, the imports of headphones into Ireland amounted to X units, declining by -X% against the previous year. Over the period under review, headphone imports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, headphone imports attained their maximum at X units in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, headphone imports totaled $X in 2018. In general, the total imports indicated a prominent expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, headphone imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, headphone imports reached their peak figure in 2018 and are likely to see steady growth in the near future.

Imports by Country

In 2018, Germany (X units) constituted the largest headphone supplier to Ireland, accounting for a X% share of total imports. Moreover, headphone imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X units), twofold. France (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 Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and France (-X% per year).

In value terms, the largest headphone suppliers to Ireland were the UK ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of total imports.

The UK experienced the highest growth rate of imports, among the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average headphone import price stood at $X per unit in 2018, picking up by X% against the previous year. Over the period under review, the headphone import price continues to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% y-o-y. The import price peaked in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the UK ($X per unit), while the price for Hungary ($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 UK, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform