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

Contents:

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

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

The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $144 per unit in 2022, rising by 9.7% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.4% 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 increased by +74.6% against 2016 indices. The most prominent rate of growth was recorded in 2014 an increase of 39%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($144 per unit) and Germany ($144 per unit), while the price for Taiwan (Chinese) ($144 per unit) and the UK ($144 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.5%), 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 Japan (FOB) - 2022

The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $567 per unit in 2022, with an increase of 6.7% against the previous year. In general, the export price, however, saw a slight reduction. The growth pace was the most rapid in 2016 an increase of 27% against the previous year. As a result, the export price attained the peak level of $809 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($4,530 per unit), while the average price for exports to Russia ($138 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 UK (+14.5%), 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 Japan

Imports of sound recording or reproducing apparatus; turntables (record-decks)s into Japan skyrocketed to 73K units in 2022, growing by 23% on the year before. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached 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 soared to $11M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.43.75.16.212.1%
Malaysia0.80.31.12.953.6%
Taiwan (Chinese)0.50.90.90.50.0%
United Kingdom0.20.30.50.426.0%
SwitzerlandN/A0.1N/A0.241.4%
Germany0.10.10.10.226.0%
Others0.40.20.10.2-20.6%
Total6.45.77.810.517.9%

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

  1. China (42.9K units)
  2. Malaysia (19.9K units)
  3. Taiwan (Chinese) (3.6K units)
  4. United Kingdom (2.7K units)
  5. Switzerland (1.6K units)
  6. Germany (1.1K units)

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

In 2022, overseas shipments of sound recording or reproducing apparatus; turntables (record-decks)s decreased by -1.1% to 11K units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a pronounced curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 11% against the previous year. As a result, the exports reached the peak of 13K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s expanded notably to $6M in 2022. Overall, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2020 when exports increased by 13% against the previous year. As a result, the exports attained the peak of $8.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR1,1682651,7551,5229.2%
United States1,3601,6088551,125-6.1%
Russia6681,0981,0708287.4%
United Kingdom4785421034790.1%
China93.219929222534.1%
Germany1,4722,447340189-49.6%
Vietnam15452.71041601.3%
Kazakhstan6.415.616.490.4141.7%
Chile14.472.044.961.762.4%
Cambodia41.018.755.835.3-4.9%
Thailand28071238.49.8-67.3%
Others1,5011,1791,0181,285-5.0%
Total7,2358,2095,6916,009-6.0%

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

  1. Russia (5991.0 units)
  2. United States (1057.0 units)
  3. United Kingdom (548.0 units)
  4. Germany (519.0 units)
  5. Chile (420.0 units)
  6. China (387.0 units)
  7. Hong Kong SAR (336.0 units)
  8. Kazakhstan (333.0 units)
  9. Cambodia (213.0 units)
  10. Vietnam (176.0 units)
  11. Thailand (23.0 units)

Source: IndexBox Market Intelligence Platform

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