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

Headphone Market Size in Romania

The Romanian headphone market expanded significantly to $X in 2020, surging by X% against the previous year. Overall, consumption recorded strong growth. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Headphone consumption peaked in 2020 and is likely to continue growth in the immediate term.

Headphone Production in Romania

In value terms, headphone production expanded rapidly to $X in 2020 estimated in export prices. In general, production showed a resilient increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% y-o-y. Over the period under review, production attained the maximum level in 2020 and is expected to retain growth in the near future.

Headphone Exports

Exports from Romania

In 2020, exports of headphones from Romania soared to X units, with an increase of X% compared with the previous year's figure. Over the period under review, exports posted strong growth. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at X units in 2010; however, from 2011 to 2020, exports remained at a lower figure.

In value terms, headphone exports soared to $X in 2020. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the near future.

Exports by Country

Germany (X units) was the main destination for headphone exports from Romania, with a X% share of total exports. Moreover, headphone exports to Germany exceeded the volume sent to the second major destination, the U.S. (X units), threefold. The Netherlands (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and the Netherlands (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2020, the average headphone export price amounted to $X per unit, increasing by X% against the previous year. In general, the export price showed prominent growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% y-o-y. The export price peaked in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the U.S. ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2007 to 2020, 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 Romania

In 2020, supplies from abroad of headphones increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

In value terms, headphone imports soared to $X in 2020. Overall, imports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

Imports by Country

The Czech Republic (X units), the Netherlands (X units) and China (X units) were the main suppliers of headphone imports to Romania, with a combined X% share of total imports. These countries were followed by Croatia, Hungary, Germany, Austria, Slovakia, Italy, Poland, Denmark, Bulgaria and Slovenia, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Croatia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest headphone suppliers to Romania were the Czech Republic ($X), the Netherlands ($X) and China ($X), with a combined X% share of total imports. Hungary, Germany, Austria, Slovakia, Italy, Poland, Denmark, Bulgaria, Slovenia and Croatia lagged somewhat behind, together accounting for a further X terms of the main suppliers, Slovenia (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average headphone import price amounted to $X per unit, rising by X% against the previous year. In general, the import price continues to indicate significant growth. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. Over the period under review, average import prices hit record highs in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was the Czech Republic ($X per unit), while the price for Croatia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Slovenia, 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. These countries were followed by Spain, India, El Salvador, Japan, South Korea and France, which together accounted for a further 15%.
What are the largest producers of headphones in the world?
+
The country with the largest volume of headphone production was China (1.4B units), 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 Romania?
+
In value terms, the Czech Republic ($9.2M), the Netherlands ($7.6M) and China ($6.9M) appeared to be the largest headphone suppliers to Romania, together comprising 51% of total imports. These countries were followed by Hungary, Germany, Austria, Slovakia, Italy, Poland, Denmark, Bulgaria, Slovenia and Croatia, which together accounted for a further 42%.
What are the leading importers of headphones from Romania?
+
In value terms, Germany ($17M) remains the key foreign market for headphone exports from Romania, comprising 33% of total exports. The second position in the ranking was occupied by the U.S. ($7.7M), with a 15% share of total exports. It was followed by the Netherlands, with a 9.2% share.
What is the average export price for headphones in Romania?
+
In 2020, the average headphone export price amounted to $348 per unit, with an increase of 20% against the previous year.
What is the average import price for headphones in Romania?
+
The average headphone import price stood at $324 per unit in 2020, picking up by 7.1% 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 Romania. 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:
• Romania

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Romania
• 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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