Report Update Nov 1, 2024

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

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Myanmar: Headphone Market 2024

Headphone Market Size in Myanmar

In 2022, the Myanmar's headphone market decreased by -99.7% to $X, falling for the fourth year in a row after two years of growth. Over the period under review, consumption saw a significant contraction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Headphone Production in Myanmar

In value terms, headphone production totaled $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 64%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Headphone Exports

Exports from Myanmar

In 2022, shipments abroad of headphones increased by 16,115% to X units, rising for the fourth year in a row after three years of decline. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, headphone exports skyrocketed to $X in 2022. Overall, exports saw a prominent increase. The most prominent rate of growth was recorded in 2019 when exports increased by 2,874% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

Belgium (X units), Singapore (X units) and Germany (X units) were the main destinations of headphone exports from Myanmar, with a combined 84% share of total exports.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +105,332.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for headphone exported from Myanmar were Singapore ($X), Belgium ($X) and Germany ($X), with a combined 61% share of total exports.

In terms of the main countries of destination, Singapore, with a CAGR of +397.0%, recorded the highest growth rate of the value of exports, 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, falling by -99.1% against the previous year. Overall, the export price saw a significant decrease. The pace of growth appeared the most rapid in 2018 an increase of 1,074% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-4.7%), while the prices for the other major destinations experienced a decline.

Headphone Imports

Imports into Myanmar

For the seventh year in a row, Myanmar recorded growth in supplies from abroad of headphones, which increased by 41% to X units in 2022. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 658% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, headphone imports contracted to $X in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 621%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Thailand (X units) and Vietnam (X units) were the main suppliers of headphone imports to Myanmar, with a combined 99% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +96.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of headphones to Myanmar, comprising 83% of total imports. The second position in the ranking was held by Thailand ($X), with an 8.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +32.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+11.2% per year) and Vietnam (+42.3% per year).

Import Prices by Country

The average headphone import price stood at $X per unit in 2022, waning by -36.4% against the previous year. Overall, the import price recorded a sharp descent. The pace of growth appeared the most rapid in 2013 an increase of 191% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a 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 China ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-20.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for headphones in the world?

The country with the largest volume of headphone consumption was South Africa, accounting for 48% of total volume. Moreover, headphone consumption in South Africa exceeded the figures recorded by the second-largest consumer, India, threefold. China ranked third in terms of total consumption 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 Myanmar?

In value terms, China constituted the largest supplier of headphone to Myanmar, comprising 54% of total imports. The second position in the ranking was occupied by Thailand, with a 5.7% share of total imports.

What are the leading importers of headphones from Myanmar?

In value terms, China remains the key foreign market for headphone exports from Myanmar.

What is the average export price for headphones in Myanmar?

In 2021, the average headphone export price amounted to $0.4 per unit, increasing by 8.8% against the previous year.

What is the average import price for headphones in Myanmar?

In 2021, the average headphone import price amounted to $0.9 per unit, rising by 10% against the previous year.

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

Myanmar

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Myanmar
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023