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

Contents:

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

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

The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $278 per unit in 2022, jumping by 65% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 United States ($279 per unit), while the price for Japan ($34 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, supplies from abroad of sound recording or reproducing apparatus; turntables (record-decks)s decreased by -35.3% to 22 units, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 46% against the previous year. As a result, imports reached the peak of 38 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s expanded remarkably to $6.1K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 50%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.02.83.72.739.2%
United Arab Emirates1.41.41.20.3-40.2%
United States1.11.00.70.3-35.2%
Japan0.10.10.1N/A0.0%
OthersN/AN/AN/A2.80%
Total3.65.45.76.119.2%

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

  1. China (17.0 units)
  2. United Arab Emirates (3.0 units)
  3. United States (1.0 units)
  4. Japan (1.0 units)

Source: IndexBox Market Intelligence Platform

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