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

Contents:

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

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

In December 2023, the average import price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $179 per unit, rising by 46% against the previous month. In general, import price indicated perceptible growth from December 2022 to December 2023: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for sound recording or reproducing apparatus; turntables (record-decks)s increased by +87.8% against October 2023 indices. The most prominent rate of growth was recorded in May 2023 an increase of 67% against the previous month. The import price peaked at $198 per unit in January 2023; however, from February 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($329 per unit), while the price for France ($101 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+2.7%), 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 Ireland (FOB) - 2022

The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $104 per unit in 2022, surging by 20% against the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 95% against the previous year. The export price peaked at $190 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($107 per unit), while the average price for exports to Germany ($72 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 (+3.9%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, overseas purchases of sound recording or reproducing apparatus; turntables (record-decks)s decreased by -25.9% to 18K units in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 48%. Imports peaked at 24K units in 2021, and then fell markedly in the following year.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s shrank significantly to $2.1M in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 112% against the previous year. As a result, imports reached the peak of $3M, and then declined markedly in the following year.

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

1. China (11.7K units)
2. Netherlands (3.5K units)
3. United Kingdom (1.5K units)
4. Germany (0.3K units)

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

In 2022, the amount of sound recording or reproducing apparatus; turntables (record-decks)s exported from Ireland dropped markedly to 1.2K units, with a decrease of -36.9% against 2021 figures. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 63% against the previous year. As a result, the exports reached the peak of 2K units, and then fell notably in the following year.

In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s fell rapidly to $128K in 2022. Over the period under review, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. As a result, the exports attained the peak of $169K, and then reduced remarkably in the following year.

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

1. United Kingdom (1078.0 units)
2. United States (77.0 units)
3. Germany (28.0 units)

Source: IndexBox Market Intelligence Platform