Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Hungary - 2023

Contents:

1. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Hungary (CIF) - 2022
2. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Hungary (FOB) - 2023
3. Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Hungary
4. Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Hungary

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

The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $111 per unit in 2022, increasing by 23% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sound recording or reproducing apparatus; turntables (record-decks)s decreased by -10.0% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 102%. The import price peaked at $157 per unit in 2014; however, from 2015 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 ($386 per unit), while the price for China ($36 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+20.5%), 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 Hungary (FOB) - 2023

In December 2023, the average export price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $186 per unit, rising by 4.1% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 17% against the previous month. As a result, the export price reached the peak level of $259 per unit. From June 2023 to December 2023, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In December 2023, the highest price was recorded for prices to Slovakia ($233 per unit) and Bulgaria ($210 per unit), while the average price for exports to Latvia ($159 per unit) and Estonia ($165 per unit) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of sound recording or reproducing apparatus; turntables (record-decks)s into Hungary surged to 19K units, rising by 18% against 2021 figures. Over the period under review, imports continue to indicate a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 56% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s surged to $2.1M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (10.9K units)
2. China (4.3K units)
3. Poland (1.7K units)
4. France (0.8K units)
5. Czech Republic (0.5K units)
6. Slovakia (0.2K units)
7. Romania (0.1K units)

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

In 2022, exports of sound recording or reproducing apparatus; turntables (record-decks)s from Hungary soared to 9.7K units, picking up by 62% compared with the previous year. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s skyrocketed to $1.6M in 2022. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Lithuania (2.4K units)
2. Romania (2.3K units)
3. Slovenia (1.1K units)
4. Bulgaria (1.1K units)
5. Serbia (0.7K units)
6. Slovakia (0.7K units)
7. Latvia (0.6K units)
8. Croatia (0.3K units)

Source: IndexBox Market Intelligence Platform