Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Norway - 2024
Contents:
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Norway (CIF) - 2024
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Norway (FOB) - 2022
- Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Norway
- Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Norway
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Norway (CIF) - 2024
In February 2024, the average import price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $196 per unit, waning by -4.4% against the previous month. Overall, the import price continues to indicate a pronounced slump. The growth pace was the most rapid in April 2023 when the average import price increased by 74% m-o-m. As a result, import price reached the peak level of $369 per unit. From May 2023 to February 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was the Czech Republic ($360 per unit), while the price for Taiwan (Chinese) ($146 per unit) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Norway (FOB) - 2022
In 2022, the average export price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $167 per unit, declining by -20.4% against the previous year. In general, the export price saw a perceptible downturn. The most prominent rate of growth was recorded in 2017 an increase of 91% against the previous year. As a result, the export price reached the peak level of $434 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($236 per unit), while the average price for exports to Sweden ($131 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 Hong Kong SAR (+14.0%), while the prices for the other major destinations experienced a decline.
Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Norway
After three years of growth, supplies from abroad of sound recording or reproducing apparatus; turntables (record-decks)s decreased by -0.5% to 9.9K units in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +47.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of 9.9K units, leveling off in the following year.
In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s shrank to $2.1M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 +52.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 35%. As a result, imports reached the peak of $2.1M, leveling off in the following year.
Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 604 | 795 | 1,097 | 1,116 | 22.7% |
United Kingdom | 53.0 | 96.5 | 383 | 275 | 73.1% |
Czech Republic | 226 | 212 | 187 | 182 | -7.0% |
Malaysia | 21.1 | 45.9 | 89.2 | 132 | 84.3% |
Taiwan (Chinese) | 94.3 | 133 | 134 | 125 | 9.8% |
Others | 384 | 279 | 217 | 276 | -10.4% |
Total | 1,382 | 1,562 | 2,107 | 2,106 | 15.1% |
Top Suppliers of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) to Norway in 2022:
- China (6.6K units)
- United Kingdom (1.2K units)
- Taiwan (Chinese) (0.8K units)
- Czech Republic (0.5K units)
- Malaysia (0.2K units)
Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Norway
In 2022, shipments abroad of sound recording or reproducing apparatus; turntables (record-decks)s was finally on the rise to reach 316 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt curtailment. Over the period under review, the exports of hit record highs at 471 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s soared to $53K in 2022. Over the period under review, exports, however, continue to indicate a precipitous slump. Over the period under review, the exports of hit record highs at $106K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 104 | 41.3 | 21.8 | 24.9 | -37.9% |
Denmark | 0.9 | 2.0 | 6.3 | 24.0 | 198.8% |
United Kingdom | 0.1 | N/A | 3.1 | 2.6 | 196.2% |
Germany | N/A | 2.7 | 4.2 | 0.9 | -42.3% |
Others | 1.0 | 11.8 | 0.4 | 0.2 | -41.5% |
Total | 106 | 57.7 | 35.8 | 52.7 | -20.8% |
Top Export Markets for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) from Norway in 2022:
- Sweden (190.0 units)
- Denmark (102.0 units)
- United Kingdom (15.0 units)
- Germany (5.0 units)
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This report provides an in-depth analysis of the turntables and record-players market in Norway.
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