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

Contents:

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

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

The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $111 per unit in 2022, shrinking by -21.3% against the previous year. Over the period under review, the import price saw a pronounced setback. The most prominent rate of growth was recorded in 2020 an increase of 108%. Over the period under review, average import prices hit record highs at $175 per unit in 2012; however, from 2013 to 2022, import prices stood 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 Japan ($1,245 per unit), while the price for India ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $246 per unit, increasing by 102% against the previous year. Overall, the export price continues to indicate a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($436 per unit), while the average price for exports to Austria amounted to $56 per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (-54.1%).

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

In 2022, imports of sound recording or reproducing apparatus; turntables (record-decks)s into Bangladesh surged to 285 units, growing by 764% compared with the previous year's figure. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s skyrocketed to $32K in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,037% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.31.91.025.3338.5%
United States0.39.02.53.6128.9%
India0.20.40.10.1-20.6%
Others0.42.81.02.584.2%
Total1.214.04.631.6197.5%

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

  1. China (271.0 units)
  2. India (8.0 units)
  3. United States (3.0 units)

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

In 2022, the amount of sound recording or reproducing apparatus; turntables (record-decks)s exported from Bangladesh shrank notably to 2 units, waning by -50% compared with 2021 figures. Overall, exports showed a precipitous decrease. The exports peaked at 4 units in 2021, and then fell significantly in the following year.

In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s amounted to $492 in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Bangladesh (USD)
COUNTRY20212022CAGR,
2021-2022
PolandN/A4360%
Austria48856.0-88.5%
OthersN/AN/A0%
Total4884920.8%

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

  1. Austria (1.0 units)
  2. Poland (1.0 units)

Source: IndexBox Market Intelligence Platform

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