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Republic of Korea - Headphones - Market Analysis, Forecast, Size, Trends and Insights
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Republic of Korea: Headphone Market Overview 2020

Headphone Market Size in Republic of Korea

The revenue of the headphone market in South Korea amounted to $X in 2018, surging by X% against the previous year. Overall, headphone consumption continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, the headphone market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Headphone Production in Republic of Korea

In value terms, headphone production stood at $X in 2018 estimated in export prices. Over the period under review, headphone production, however, continues to indicate an outstanding increase. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. In that year, headphone production reached its peak level of $X, and then declined slightly in the following year.

Headphone Exports

Exports from Republic of Korea

In 2018, the headphone exports from South Korea stood at X units, growing by X% against the previous year. In general, headphone exports continue to indicate resilient growth. The growth pace was the most rapid in 2014 when exports increased by X% y-o-y. In that year, headphone exports reached their peak of X units. From 2015 to 2018, the growth of headphone exports failed to regain its momentum.

In value terms, headphone exports amounted to $X in 2018. Over the period under review, headphone exports continue to indicate a deep descent. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

The U.S. (X units) was the main destination for headphone exports from South Korea, accounting for a X% share of total exports. Moreover, headphone exports to the U.S. exceeded the volume sent to the second major destination, India (X units), fourfold. The third position in this ranking was occupied by China (X units), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and China (-X% per year).

In value terms, the U.S. ($X), India ($X) and China, Hong Kong SAR ($X) were the largest markets for headphone exported from South Korea worldwide, together comprising X% of total exports. These countries were followed by Japan, Brazil, China, Slovakia, the UK, Mexico, the Czech Republic, South Africa and Malaysia, which together accounted for a further X terms of the main countries of destination, Slovakia (+X% per year) experienced the highest growth rate of market size, over the period under review, while exports for 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, dropping by -X% against the previous year. Over the period under review, the headphone export price continues to indicate a sharp reduction. The growth pace was the most rapid in 2011 an increase of X% y-o-y. The export price peaked at $X per unit in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Japan ($X per unit), while the average price for exports to Malaysia ($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 Japan, while the prices for the other major destinations experienced a decline.

Headphone Imports

Imports into Republic of Korea

In 2018, the amount of headphones imported into South Korea amounted to X units, coming down by -X% against the previous year. In general, headphone imports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, headphone imports reached their maximum at X units in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, headphone imports amounted to $X in 2018. In general, headphone imports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X units) constituted the largest headphone supplier to South Korea, accounting for a X% share of total imports. Moreover, headphone imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), threefold. The third position in this ranking was occupied by the Philippines (X units), with a X% share.

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: Thailand (+X% per year) and the Philippines (+X% per year).

In value terms, China ($X) constituted the largest supplier of headphone to South Korea, comprising X% of total headphone imports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of total imports. It was followed by Cambodia, with a X% share.

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

Import Prices by Country

In 2018, the average headphone import price amounted to $X per unit, going up by X% against the previous year. In general, the headphone import price continues to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. The import price peaked in 2018 and is likely to see steady growth in the immediate term.

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

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 Republic of Korea. 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 2030.


Country coverage:
• South Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Republic of Korea
• 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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