Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in the UK - 2024
Contents:
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in the UK (CIF) - 2024
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in the UK (FOB) - 2022
- Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in the UK
- Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in the UK
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in the UK (CIF) - 2024
The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $64.6 per unit in January 2024, with a decrease of -15.5% against the previous month. In general, the import price saw a pronounced contraction. The growth pace was the most rapid in December 2023 when the average import price increased by 58% m-o-m. The import price peaked at $99.1 per unit in April 2023; however, from May 2023 to January 2024, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2023 to January 2024, the rate of growth in terms of prices for China amounted to -3.5% per month.
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in the UK (FOB) - 2022
The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $196 per unit in 2022, surging by 3.2% against the previous year. Overall, the export price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 61%. Over the period under review, the average export prices reached the maximum at $268 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($492 per unit), while the average price for exports to Ireland ($72 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 Canada (+8.4%), 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 the UK
In 2022, the amount of sound recording or reproducing apparatus; turntables (record-decks)s imported into the UK declined sharply to 302K units, waning by -27.8% on 2021 figures. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 11%. As a result, imports reached the peak of 418K units, and then declined dramatically in the following year.
In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s fell to $25M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 46%. As a result, imports reached the peak of $28M, and then declined in the following year.
| Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.5 | 10.7 | 13.3 | 19.3 | 18.8% |
| Germany | 1.8 | 1.7 | 1.4 | 1.1 | -15.1% |
| Taiwan (Chinese) | 0.2 | N/A | 0.1 | 0.5 | 35.7% |
| United States | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
| Hong Kong SAR | 0.7 | 0.3 | 2.0 | 0.3 | -24.6% |
| Czech Republic | 4.5 | 3.5 | 5.7 | N/A | 12.5% |
| Others | 2.7 | 2.6 | 4.7 | 3.2 | 5.8% |
| Total | 21.6 | 19.0 | 27.7 | 24.8 | 4.7% |
Top Suppliers of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) to the UK in 2022:
- China (274.8K units)
- Hong Kong SAR (5.2K units)
- Taiwan (Chinese) (4.7K units)
- United States (4.6K units)
- Germany (2.2K units)
- Czech Republic (0.1K units)
Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in the UK
In 2022, exports of sound recording or reproducing apparatus; turntables (record-decks)s from the UK declined markedly to 103K units, with a decrease of -18.9% on 2021. Over the period under review, exports recorded a dramatic decrease. The exports peaked at 206K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s declined dramatically to $20M in 2022. The total export value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 23% against the previous year. Over the period under review, the exports of attained the peak figure at $24M in 2021, and then declined markedly in the following year.
| Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.6 | 5.8 | 4.9 | 3.6 | 11.5% |
| Germany | 2.3 | 2.5 | 2.6 | 2.3 | 0.0% |
| Japan | 0.3 | 0.4 | 0.5 | 1.9 | 85.0% |
| Belgium | 0.5 | 0.8 | 2.5 | 1.7 | 50.4% |
| Canada | 0.2 | 0.5 | 1.3 | 1.2 | 81.7% |
| Australia | 0.1 | 0.5 | 0.9 | 1.2 | 128.9% |
| Italy | 1.4 | 1.1 | 1.0 | 0.9 | -13.7% |
| France | 1.5 | 1.1 | 1.4 | 0.8 | -18.9% |
| Ireland | 0.8 | 1.2 | 1.1 | 0.6 | -9.1% |
| Singapore | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
| Netherlands | 2.3 | 2.7 | 0.4 | 0.4 | -44.2% |
| Sweden | 0.5 | 0.5 | 0.5 | 0.3 | -15.7% |
| Spain | 0.6 | 0.4 | 0.3 | 0.1 | -45.0% |
| Others | 4.0 | 3.5 | 6.3 | 4.8 | 6.3% |
| Total | 17.2 | 21.1 | 24.1 | 20.2 | 5.5% |
Top Export Markets for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) from the UK in 2022:
- Belgium (22.6K units)
- Germany (11.7K units)
- United States (11.0K units)
- Ireland (8.8K units)
- Netherlands (5.7K units)
- Japan (5.4K units)
- Australia (5.0K units)
- Italy (4.6K units)
- France (3.8K units)
- Canada (2.4K units)
- Sweden (1.7K units)
- Singapore (1.6K units)
- Spain (0.7K units)
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