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

Contents:

1. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Spain (CIF) - 2022
2. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Spain (FOB) - 2023
3. Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Spain
4. Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Spain

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

The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $86 per unit in 2022, with an increase of 39% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $100 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Belgium ($260 per unit), while the price for China ($45 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.7%), 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 Spain (FOB) - 2023

In December 2023, the average export price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $59.9 per unit, dropping by -40% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average export price increased by 714% against the previous month. The export price peaked at $280 per unit in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Portugal ($115 per unit), while the average price for exports to Serbia ($20.3 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.0%), 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 Spain

After three years of growth, purchases abroad of sound recording or reproducing apparatus; turntables (record-decks)s decreased by -30.7% to 91K units in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.9% 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 +25.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of 132K units, and then fell remarkably in the following year.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s dropped slightly to $7.9M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +50.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. As a result, imports reached the peak of $8.2M, and then fell modestly in the following year.

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

1. China (24.0K units)
2. France (19.7K units)
3. Netherlands (18.1K units)
4. Germany (14.6K units)
5. Italy (3.8K units)
6. Austria (3.4K units)
7. Belgium (2.3K units)
8. United Kingdom (1.1K units)

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

In 2022, exports of sound recording or reproducing apparatus; turntables (record-decks)s from Spain declined to 46K units, shrinking by -7.8% against the previous year's figure. In general, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 108%. As a result, the exports attained the peak of 50K units, and then fell in the following year.

In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s fell to $2.7M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 67% against the previous year. As a result, the exports reached the peak of $2.8M, and then declined in the following year.

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

1. United States (27.5K units)
2. Portugal (6.9K units)
3. France (3.4K units)
4. Germany (2.0K units)
5. Italy (1.6K units)
6. Hong Kong SAR (1.2K units)
7. United Kingdom (0.6K units)
8. Poland (0.5K units)

Source: IndexBox Market Intelligence Platform