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Export News
12-12-2024
In 2023, global headphone exports reached an estimated value of $13.8 billion.
Over the past five years, the worldwide market for exported headphones has seen a decline of -4.4%, down from $14.4 billion in 2019. On a year-over-year basis, international headphone sales dropped by -8.7%, compared to $15.1 billion in 2022.
The top three exporters of headphones in 2023 were mainland China, Germany, and the United Arab Emirates (UAE). Together, these countries accounted for more than 41% of all global headphone exports.
Regional Breakdown of Headphone Exports
From a regional perspective, Asia dominated the global headphone export market in 2023, with shipments valued at $7.5 billion, representing 54.2% of total worldwide exports.
Europe followed with 35.3%, while North America contributed 9.7%.
Smaller shares came from:
· Latin America (0.33%, excluding Mexico but including the Caribbean)
· Oceania (0.33%, led by Australia and New Zealand)
· Africa (0.1%)
These statistics reflect the global distribution of headphone manufacturing and trade during the year.
Key Headphone Exporting Companies
According to data from Tendata, the following companies are prominent manufacturers and exporters of headphones and audio devices:
· New Wing Interconnect Technology Bắc Giang: $278.64 million (22.67%)
· Luxshare ICT Vân Trung: $120.08 million (9.77%)
· Samsung Electronics Vietnam: $102.08 million (8.31%)
· Cresyn Hà Nội: $74.77 million (6.08%)
· Innovation Tương Lai Vietnam: $72.87 million (5.93%)
· Good Paper Packaging Industrial Vietnam: $61.66 million (5.02%)
· GoerTek Vina: $57.28 million (4.66%)
· AG Tech: $56.54 million (4.6%)
· Ampacs International: $38.33 million (3.12%)
· Almus Vina: $31.82 million (2.59%)
These companies reflect the growing role of Asia, particularly Vietnam, in the global headphone manufacturing and export market.
Top Headphone Exporting Countries
The following 15 countries led the global headphone export market in 2023 by total value:
· Mainland China: $3.7 billion (26.7% of global exports)
· Germany: $1 billion (7.3%)
· United Arab Emirates: $960.2 million (7%)
· United States: $946.6 million (6.9%)
· Hong Kong: $914.1 million (6.6%)
· Netherlands: $777.2 million (5.6%)
· Vietnam: $542.8 million (3.9%)
· Malaysia: $506.5 million (3.7%)
· Czech Republic: $473.7 million (3.4%)
· Italy: $376.8 million (2.7%)
· Singapore: $375.5 million (2.7%)
· Mexico: $351.7 million (2.5%)
· Belgium: $342 million (2.5%)
· Sweden: $325.1 million (2.4%)
· Denmark: $232 million (1.7%)
These 15 countries collectively accounted for 85.7% of global headphone exports in 2023.
Growth Trends
Among the leading exporters, the countries that experienced the highest growth in headphone exports between 2019 and 2023 were:
· Netherlands: +114.9%
· Singapore: +61.6%
· Italy: +58.9%
· Germany: +57.3%
On the other hand, some countries reported declines in headphone exports over the same period:
· Vietnam: -70.3%
· Hong Kong: -65.5%
· Belgium: -18.8%
· Malaysia: -13.7%
Tendata iTrader compiles trade data from 218 countries and provides detailed
information on over 130 million import-export enterprises worldwide.
With a daily influx of 10 billion trade records, Tendata efficiently delivers contact details for over 700 million top-level executives and decision-makers in the import-export industry through advanced filtering. This includes email addresses, phone numbers, social media profiles, and more. Additionally, we offer synchronized company profiles, product images, and website links, along with 19 types of visual reports. These tools assist foreign trade enterprises in precise market positioning and thorough market analysis, enabling you to quickly find the exact buyers and suppliers you need.
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