Headphone Market Overview in Finland
In value terms, headphone production declined rapidly to $ in 2019 estimated in export prices. Over the period under review, production continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2008 when the production volume increased by % y-o-y. Headphone production peaked at $ in 2017; however, from 2018 to 2019, production stood at a somewhat lower figure.
The revenue of the headphone market in Finland skyrocketed to $ in 2019, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2018 when the market value increased by % against the previous year. Headphone consumption peaked at $ in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.