Report Update Nov 1, 2024

South Africa - Headphones - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Headphone Market 2024

Headphone Market Size in South Africa

In 2022, the South African headphone market increased by 14% to $X, rising for the second consecutive year after two years of decline. Overall, consumption saw a resilient increase. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in years to come.

Headphone Exports

Exports from South Africa

After ten years of growth, overseas shipments of headphones decreased by -18.9% to X units in 2022. In general, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 96% against the previous year. As a result, the exports reached the peak of X units, and then shrank rapidly in the following year.

In value terms, headphone exports shrank to $X in 2022. Over the period under review, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by 58%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

Namibia (X units) was the main destination for headphone exports from South Africa, accounting for a 43% share of total exports. Moreover, headphone exports to Namibia exceeded the volume sent to the second major destination, Botswana (X units), twofold. The third position in this ranking was held by Lesotho (X units), with a 6.4% share.

From 2012 to 2022, the average annual growth rate of volume to Namibia amounted to +19.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (+17.3% per year) and Lesotho (+27.0% per year).

In value terms, the largest markets for headphone exported from South Africa were Namibia ($X), Botswana ($X) and Mozambique ($X), with a combined 58% share of total exports. Swaziland, Zambia, Zimbabwe, Angola, Lesotho and Malawi lagged somewhat behind, together accounting for a further 21%.

Angola, with a CAGR of +20.2%, 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, picking up by 12% against the previous year. In general, the export price, however, saw a deep setback. The growth pace was the most rapid in 2013 an increase of 12% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($X per unit), while the average price for exports to Lesotho ($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 Zimbabwe (-2.1%), while the prices for the other major destinations experienced a decline.

Headphone Imports

Imports into South Africa

In 2022, purchases abroad of headphones increased by 45% to X units, rising for the second consecutive year after two years of decline. Overall, imports recorded a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of 76%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, headphone imports reached $X in 2022. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) was the main supplier of headphone to South Africa, accounting for a 96% share of total imports. It was followed by Vietnam (X units), with a 1.9% share of total imports. Hong Kong SAR (X units) ranked third in terms of total imports with a 0.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +16.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+66.7% per year) and Hong Kong SAR (-32.1% per year).

In value terms, China ($X) constituted the largest supplier of headphones to South Africa, comprising 68% of total imports. The second position in the ranking was held by Vietnam ($X), with a 19% share of total imports. It was followed by the UK, with a 0.3% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+108.7% per year) and the UK (-9.2% per year).

Import Prices by Country

In 2022, the average headphone import price amounted to $X per unit, declining by -30.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 50%. Over the period under review, average import prices attained the peak figure at $X per unit in 2021, and then fell dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for China ($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 UK (+28.3%), 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 remains the largest headphone consuming country worldwide, 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 remains the largest headphone producing country worldwide, comprising approx. 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 South Africa?

In value terms, China constituted the largest supplier of headphone to South Africa.

What are the leading importers of headphones from South Africa?

In value terms, Namibia, Botswana and Mauritius constituted the largest markets for headphone exported from South Africa worldwide, with a combined 53% share of total exports. Mozambique, Swaziland, the United States, Zambia, Angola, Malawi, Nigeria and Denmark lagged somewhat behind, together comprising a further 31%.

What is the average export price for headphones in South Africa?

The average headphone export price stood at $7.5 per unit in 2021, dropping by -10.7% against the previous year.

What is the average import price for headphones in South Africa?

In 2021, the average headphone import price amounted to $18 per thousand units, leveling off at the previous year.

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

South Africa

Data coverage:

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