Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Malaysia - 2024
Contents:
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Malaysia (FOB) - 2022
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Malaysia (CIF) - 2022
- Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Malaysia
- Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Malaysia
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Malaysia (FOB) - 2022
The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $376 per unit in 2022, with an increase of 6.3% against the previous year. Overall, the export price continues to indicate significant growth. The growth pace was the most rapid in 2017 an increase of 100%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($570 per unit), while the average price for exports to Spain ($321 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 France (+98.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Malaysia (CIF) - 2022
The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $67 per unit in 2022, increasing by 227% against the previous year. Overall, the import price continues to indicate resilient growth. As a result, import price attained 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 UK ($341 per unit), while the price for China ($55 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Malaysia
In 2022, approx. 46K units of sound recording or reproducing apparatus; turntables (record-decks)s were exported from Malaysia; with an increase of 28% compared with the previous year. Over the period under review, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. Over the period under review, the exports of hit record highs 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 skyrocketed to $17M in 2022. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 161% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.3 | 1.9 | 4.2 | 5.2 | 31.2% |
| United States | 0.8 | 0.9 | 2.5 | 3.3 | 60.4% |
| Japan | 0.8 | 0.3 | 1.1 | 2.7 | 50.0% |
| United Kingdom | 1.0 | 0.6 | 2.1 | 1.4 | 11.9% |
| Canada | 0.2 | 0.1 | 0.5 | 1.0 | 71.0% |
| Italy | 0.2 | 0.3 | 0.5 | 0.7 | 51.8% |
| China | N/A | N/A | 0.3 | 0.7 | 133.3% |
| Spain | 0.2 | 0.3 | 0.4 | 0.7 | 51.8% |
| Australia | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
| Others | 0.1 | 0.3 | 0.8 | 0.9 | 108.0% |
| Total | 5.7 | 4.8 | 12.5 | 17.1 | 44.2% |
Top Export Markets for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) from Malaysia in 2022:
- Germany (14.1K units)
- United States (9.2K units)
- Japan (5.7K units)
- United Kingdom (4.2K units)
- Canada (2.6K units)
- Spain (2.2K units)
- Italy (2.0K units)
- China (1.6K units)
- Australia (1.2K units)
Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Malaysia
In 2022, overseas purchases of sound recording or reproducing apparatus; turntables (record-decks)s decreased by -73% to 6.6K units, falling for the second consecutive year after two years of growth. Overall, imports recorded a dramatic downturn. The growth pace was the most rapid in 2020 with an increase of 85%. As a result, imports attained the peak of 40K 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 fell to $444K in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 21%. Over the period under review, imports of reached the maximum at $501K in 2021, and then fell in the following year.
| Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 53.0 | 111 | 239 | 339 | 85.6% |
| United Kingdom | 91.9 | 8.1 | 55.7 | 61.4 | -12.6% |
| Japan | 67.2 | 25.5 | 27.1 | 6.7 | -53.6% |
| Germany | 60.0 | 218 | 5.1 | 5.2 | -55.7% |
| United States | 40.9 | 20.4 | 149 | 3.3 | -56.8% |
| Others | 52.8 | 61.6 | 25.4 | 28.7 | -18.4% |
| Total | 366 | 444 | 501 | 444 | 6.7% |
Top Suppliers of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) to Malaysia in 2022:
- China (6.2K units)
- United Kingdom (0.2K units)
- United States (0.1K units)
- Japan (0.1K units)
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