Report Update Feb 1, 2025

Ghana - Headphones - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Headphone Market 2025

Headphone Market Size in Ghana

After two years of growth, the Ghanian headphone market decreased by -17.5% to $X in 2022. Over the period under review, consumption, however, continues to indicate buoyant growth. Over the period under review, the market attained the peak level at $X in 2021, and then reduced sharply in the following year.

Headphone Exports

Exports from Ghana

In 2022, approx. X units of headphones were exported from Ghana; growing by 70% compared with 2021. Over the period under review, exports showed mild growth. The pace of growth appeared the most rapid in 2018 with an increase of 2,021% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, headphone exports surged to $X in 2022. In general, exports showed strong growth. The growth pace was the most rapid in 2018 when exports increased by 4,743% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Cote d'Ivoire (X units), Burkina Faso (X units) and Thailand (X units) were the main destinations of headphone exports from Ghana, together accounting for 73% of total exports.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of +36.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X), Burkina Faso ($X) and Thailand ($X) were the largest markets for headphone exported from Ghana worldwide, with a combined 78% share of total exports.

Cote d'Ivoire, with a CAGR of +116.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average headphone export price stood at $X per unit in 2022, increasing by 9.2% against the previous year. Overall, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 128%. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+75.1%), while the prices for the other major destinations experienced more modest paces of growth.

Headphone Imports

Imports into Ghana

After four years of growth, supplies from abroad of headphones decreased by -20.4% to X units in 2022. Overall, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 135% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then contracted notably in the following year.

In value terms, headphone imports reduced to $X in 2022. Over the period under review, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2018 when imports increased by 299%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of headphone to Ghana, accounting for a 71% share of total imports. Moreover, headphone imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), fourfold. Hong Kong SAR (X units) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +21.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+10.5% per year) and Hong Kong SAR (-8.6% per year).

In value terms, China ($X) constituted the largest supplier of headphones to Ghana, comprising 69% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 23% share of total imports. It was followed by the UK, with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+25.2% per year) and the UK (+5.5% per year).

Import Prices by Country

The average headphone import price stood at $X per unit in 2022, picking up by 8.5% against the previous year. In general, the import price enjoyed a strong increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 216% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for headphones in the world?

South Africa constituted the country with the largest volume of headphone consumption, accounting for 48% of total volume. Moreover, headphone consumption in South Africa exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by China, with an 8.1% share.

What are the largest producers of headphones in the world?

China constituted the country with the largest volume of headphone production, accounting for 89% of total volume. It was followed by the United States, with a 2.2% share of total production.

What are the leading suppliers of headphones to Ghana?

In value terms, China constituted the largest supplier of headphone to Ghana, comprising 65% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 24% share of total imports.

What are the leading importers of headphones from Ghana?

In value terms, Cote d'Ivoire remains the key foreign market for headphone exports from Ghana, comprising 56% of total exports. The second position in the ranking was occupied by Burkina Faso $923), with a 19% share of total exports.

What is the average export price for headphones in Ghana?

In 2021, the average headphone export price amounted to $50 per unit, surging by 40% against the previous year.

What is the average import price for headphones in Ghana?

In 2021, the average headphone import price amounted to $6.6 per unit, increasing by 8.8% against the previous year.

This report provides an in-depth analysis of the headphone market in Ghana. 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.

Product coverage:

Prodcom 26404270 - Headphones and earphones, even with microphone, and sets consisting of microphone and one or more loudspeakers (excluding airmen

Country coverage:

Ghana

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024