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

Contents:

  1. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Ghana (CIF) - 2022
  2. Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Ghana

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

In 2022, the average import price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $50 per unit, waning by -54.5% against the previous year. In general, the import price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 74%. The import price peaked at $130 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 the UK ($115 per unit), while the price for France ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+6.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 29 units of sound recording or reproducing apparatus; turntables (record-decks)s were imported into Ghana; standing approx. at the previous year. Over the period under review, imports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. Imports peaked at 70 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s reduced remarkably to $1.4K in 2022. Overall, imports showed a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 58%. Imports peaked at $7.9K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3802177121,03439.6%
Israel4,140719721117-69.5%
India55716221848.0-55.8%
United States30810725539.0-49.8%
South Korea32678.010624.0-58.1%
China22915732121.0-54.9%
Belgium36.09.039.013.0-28.8%
Australia52.013.019.04.0-57.5%
Germany16574.01372.0-77.0%
Canada15.04.06.01.0-59.5%
Finland2.01.01.01.0-20.6%
France89.015.012.01.0-77.6%
Japan35.07.08.01.0-69.4%
Others1,530438598130-56.0%
Total7,8642,0013,1531,436-43.3%

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

  1. United Kingdom (9.0 units)
  2. Israel (2.0 units)
  3. Canada (1.0 units)
  4. United States (1.0 units)
  5. Australia (1.0 units)
  6. Finland (1.0 units)
  7. India (1.0 units)
  8. France (1.0 units)
  9. China (1.0 units)
  10. Belgium (1.0 units)
  11. Germany (1.0 units)
  12. South Korea (1.0 units)
  13. Japan (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Sound recording or reproducing apparatus; turntables (record-decks) - Ghana