Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Sri Lanka - 2022
Contents:
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Sri Lanka (CIF) - 2022
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Sri Lanka (FOB) - 2022
- Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Sri Lanka
- Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Sri Lanka
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Sri Lanka (CIF) - 2022
The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $65 per unit in 2022, reducing by -3% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sound recording or reproducing apparatus; turntables (record-decks)s increased by +93.8% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 53%. Over the period under review, average import prices reached the maximum at $67 per unit in 2021, and then dropped modestly in the following year.
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 ($409 per unit), while the price for Hong Kong SAR ($4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+16.5%), 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 Sri Lanka (FOB) - 2022
In 2022, the average export price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $122 per unit, therefore, remained relatively stable against the previous year. Overall, the export price posted a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of 333% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($176 per unit), while the average price for exports to Maldives amounted to $67 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+108.0%), 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 Sri Lanka
Imports of sound recording or reproducing apparatus; turntables (record-decks)s into Sri Lanka reduced rapidly to 156 units in 2022, falling by -26.1% compared with 2021. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 270%. As a result, imports reached the peak of 211 units, and then reduced sharply in the following year.
In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s dropped rapidly to $10K in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 384% against the previous year. As a result, imports reached the peak of $14K, and then reduced dramatically in the following year.
| Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,490 | 431 | 2,958 | 3,849 | 37.2% |
| Austria | 66.0 | 111 | 54.0 | 1,478 | 181.9% |
| United Arab Emirates | 59.0 | 355 | 2,218 | 1,019 | 158.5% |
| Japan | 1.0 | 226 | 668 | 893 | 863.0% |
| United States | 87.0 | 631 | 2,711 | 438 | 71.4% |
| India | 7.0 | 268 | 28.0 | 359 | 271.5% |
| Singapore | 42.0 | 123 | 1,783 | 269 | 85.7% |
| Australia | 31.0 | 60.0 | 150 | 169 | 76.0% |
| Others | 520 | 700 | 3,504 | 1,616 | 45.9% |
| Total | 2,303 | 2,905 | 14,074 | 10,090 | 63.6% |
Top Suppliers of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) to Sri Lanka in 2022:
- China (49.0 units)
- Austria (25.0 units)
- Japan (18.0 units)
- Australia (15.0 units)
- India (14.0 units)
- United Arab Emirates (12.0 units)
- Singapore (8.0 units)
- United States (3.0 units)
Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Sri Lanka
In 2022, exports of sound recording or reproducing apparatus; turntables (record-decks)s from Sri Lanka totaled 2 units, stabilizing at 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s stood at $243 in 2022. The total export value increased at an average annual rate of +10.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 156 | 194 | 167 | 176 | 4.1% |
| Maldives | 23.0 | 4.0 | 75.0 | 67.0 | 42.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 179 | 198 | 242 | 243 | 10.7% |
Top Export Markets for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) from Sri Lanka in 2022:
- Australia (1.0 units)
- Maldives (1.0 units)
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