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

Contents:

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

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

In 2022, the average import price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $32 per unit, jumping by 23% against the previous year. Overall, the import price, however, continues to indicate a deep contraction. The growth pace was the most rapid in 2014 an increase of 39%. The import price peaked at $115 per unit in 2015; however, from 2016 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 India ($178 per unit), while the price for China ($25 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+58.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $180 per unit in 2022, shrinking by -9.8% against the previous year. In general, the export price, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2019 an increase of 65%. The export price peaked at $200 per unit in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +56.5% per year.

Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Tanzania

In 2022, the amount of sound recording or reproducing apparatus; turntables (record-decks)s imported into Tanzania skyrocketed to 654 units, jumping by 42% on the year before. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.5% 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 +70.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 69% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s skyrocketed to $21K in 2022. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2020 when imports increased by 90% against the previous year. As a result, imports attained the peak of $25K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.910.37.614.522.4%
IndiaN/AN/A0.44.3975.0%
United States0.40.51.70.931.0%
United Kingdom4.70.10.20.1-72.3%
BotswanaN/AN/AN/AN/A0%
FranceN/A0.2N/AN/A0%
South AfricaN/AN/A1.6N/A0%
Others0.113.90.51.0115.4%
Total13.225.012.020.816.4%

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

  1. China (586.0 units)
  2. United States (31.0 units)
  3. India (24.0 units)
  4. United Kingdom (5.0 units)

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

In 2022, after two years of decline, there was significant decline in overseas shipments of sound recording or reproducing apparatus; turntables (record-decks)s, when their volume decreased by -50% to 1 units. Overall, exports faced a sharp reduction. The exports peaked at 5 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 contracted significantly to $180 in 2022. Over the period under review, exports saw a abrupt downturn. The exports peaked at $399 in 2021, and then fell remarkably in the following year.

Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A1800%
KenyaN/AN/A399N/A0%
Namibia35.0N/AN/AN/A0%
Rwanda62.0N/AN/AN/A0%
South Africa100N/AN/AN/A0%
Australia50.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total247N/A399180-10.0%

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

  1. India (1.0 units)

Source: IndexBox Market Intelligence Platform

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