Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Latvia - 2023
Contents:
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Latvia (CIF) - 2022
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Latvia (FOB) - 2023
- Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Latvia
- Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Latvia
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Latvia (CIF) - 2022
In 2022, the average import price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $214 per unit, surging by 28% against the previous year. Overall, the import price enjoyed temperate growth. The most prominent rate of growth was recorded in 2017 an increase of 110% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($1,014 per unit), while the price for Lithuania ($111 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 (+34.9%), 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 Latvia (FOB) - 2023
The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $134 per unit in December 2023, shrinking by -41.3% against the previous month. In general, the export price, however, continues to indicate a notable increase. The pace of growth appeared the most rapid in August 2023 an increase of 111% month-to-month. As a result, the export price attained the peak level of $341 per unit. From September 2023 to December 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In December 2023, the country with the highest price was Estonia ($145 per unit), while the average price for exports to Lithuania stood at $131 per unit.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.2%), 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 Latvia
In 2022, imports of sound recording or reproducing apparatus; turntables (record-decks)s into Latvia surged to 1.5K units, increasing by 20% compared with the previous year's figure. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +19.0% 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 +68.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 21% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s soared to $317K in 2022. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 41.1 | 39.2 | 59.6 | 71.9 | 20.5% |
| Lithuania | 15.0 | 24.6 | 26.4 | 54.6 | 53.8% |
| Poland | 21.2 | 11.3 | 13.6 | 39.1 | 22.6% |
| Netherlands | 33.0 | 44.7 | 20.1 | 32.1 | -0.9% |
| Japan | N/A | 1.7 | 1.1 | 25.4 | 286.5% |
| Germany | 9.9 | 11.9 | 16.3 | 12.6 | 8.4% |
| Slovakia | 15.0 | 8.2 | 16.3 | 12.1 | -6.9% |
| Italy | 3.3 | 1.2 | 2.7 | 1.1 | -30.7% |
| Others | 26.7 | 13.0 | 50.3 | 68.2 | 36.7% |
| Total | 165 | 156 | 207 | 317 | 24.3% |
Top Suppliers of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) to Latvia in 2022:
- Lithuania (492.0 units)
- Estonia (419.0 units)
- Netherlands (181.0 units)
- Poland (162.0 units)
- Slovakia (69.0 units)
- Germany (62.0 units)
- Japan (25.0 units)
- Italy (7.0 units)
Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Latvia
In 2022, the amount of sound recording or reproducing apparatus; turntables (record-decks)s exported from Latvia soared to 376 units, picking up by 31% against 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 42% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s reduced to $57K in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 138% against the previous year. As a result, the exports reached the peak of $61K, and then contracted in the following year.
| Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 4.7 | 14.6 | 18.5 | 28.3 | 81.9% |
| Russia | N/A | N/A | 10.9 | 11.3 | 3.7% |
| Estonia | 4.4 | 7.4 | 9.9 | 8.0 | 22.1% |
| Finland | 0.8 | 0.7 | 1.2 | 0.8 | 0.0% |
| Italy | 1.5 | 0.3 | 1.5 | 0.2 | -48.9% |
| Sweden | 0.9 | 0.5 | 2.7 | N/A | 73.2% |
| United Kingdom | N/A | 0.2 | 9.3 | N/A | 4550.0% |
| Others | N/A | 1.9 | 6.9 | 8.4 | 110.3% |
| Total | 12.3 | 25.6 | 60.8 | 57.1 | 66.8% |
Top Export Markets for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) from Latvia in 2022:
- Lithuania (288.0 units)
- Estonia (48.0 units)
- Russia (25.0 units)
- Finland (4.0 units)
- Italy (1.0 units)
378
Global Turntables And Record-Players Market Report 2018. This report provides an in-depth analysis of the global turntables and record-players market.
324
Global Magnetic Tape Recorder Market Report 2018. This report provides an in-depth analysis of the global magnetic tape recorder market.
378
Global Turntables And Record-Players Market Report 2018. This report provides an in-depth analysis of the global turntables and record-players market.
324
Global Magnetic Tape Recorder Market Report 2018. This report provides an in-depth analysis of the global magnetic tape recorder market.
Nothing found. Please try again.
