Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Colombia - 2022

Contents:

1. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Colombia (CIF) - 2022
2. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Colombia (FOB) - 2022
3. Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Colombia
4. Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Colombia

Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Colombia (CIF) - 2022

The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $59 per unit in 2022, surging by 13% against the previous year. Over the period under review, the import price enjoyed a notable expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 61%. As a result, import price reached the peak level of $110 per unit. From 2016 to 2022, the average import prices remained at a somewhat 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 Austria ($112 per unit), while the price for China ($56 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Colombia (FOB) - 2022

In 2022, the average export price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $46 per unit, dropping by -48.2% against the previous year. Over the period under review, the export price recorded a deep reduction. The pace of growth was the most pronounced in 2019 when the average export price increased by 22%. Over the period under review, the average export prices attained the peak figure at $163 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($111 per unit), while the average price for exports to Costa Rica ($1 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 the United States (+60.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Colombia

After three years of growth, supplies from abroad of sound recording or reproducing apparatus; turntables (record-decks)s decreased by -31.2% to 1.9K units in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 164% against the previous year. Imports peaked at 2.8K units in 2021, and then reduced rapidly in the following year.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s shrank markedly to $113K in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 126% against the previous year. Imports peaked at $145K in 2021, and then fell sharply in the following year.

Top Suppliers of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) to Colombia in 2022:

1. China (1751.0 units)
2. United States (116.0 units)
3. Austria (12.0 units)
4. Germany (9.0 units)

Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Colombia

In 2022, approx. 11 units of sound recording or reproducing apparatus; turntables (record-decks)s were exported from Colombia; with a decrease of -77.1% on the previous year. Overall, exports recorded a precipitous slump. The smallest decline of -25.5% was in 2020. The exports peaked at 94 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s dropped remarkably to $511 in 2022. In general, exports faced a sharp decline. The smallest decline of -15.5% was in 2020. Over the period under review, the exports of reached the peak figure at $6.2K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) from Colombia in 2022:

1. United States (3.0 units)
2. Netherlands (1.0 units)
3. Honduras (1.0 units)
4. Panama (1.0 units)
5. Costa Rica (1.0 units)
6. Guatemala (1.0 units)
7. Chile (1.0 units)
8. Dominican Republic (1.0 units)
9. South Korea (1.0 units)

Source: IndexBox Market Intelligence Platform