The issue is not being framed correctly and is being viewed mainly from the point of view of the domestic market. But I remember reading an interview with a large cable manufacturer who said that some of his overseas distributors (e.g. Saudi Arabia, Singapore) asked him to introduce a new cable line priced significantly higher than his current flagship model, because they could sell that exclusivity.
The range of products and the range of prices differs significantly from brand to brand. How much they sell overseas and where they sell overseas varies significantly too. So it's best just to ignore the headline-grabbing nosebleed prices because they are not being pitched, and were never pitched, at the likes of you and me.