France's Radio Receiver Price Soars 23% to New Record of $52.0 per Unit

France Radio Receiver Import Price in March 2023

In March 2023, the radio receiver price amounted to $52.0 per unit (CIF, France), picking up by 23% against the previous month. In general, import price indicated a temperate expansion from March 2022 to March 2023: its price increased at an average monthly rate of +4.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, radio receiver import price increased by +22.9% against February 2023 indices. The growth pace was the most rapid in December 2022 an increase of 31% m-o-m. Over the period under review, average import prices attained the peak figure in March 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($252 per unit), while the price for the Czech Republic ($11.4 per unit) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Spain (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

France Radio Receiver Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was radio receivers for motor vehicles ($219 per unit), while the price for radio-broadcast receivers n.e.c. in heading no. 8527; not combined with sound recording or reproducing apparatus but combined with a clock ($11.4 per unit) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by radio (telephony, telegraphy, broadcast) broadcast receivers; pocket-size radio cassette-players, operational without external power source, combined or not with sound recording or reproducing apparatus (+9.0%), while the prices for the other products experienced more modest paces of growth.

France Radio Receiver Imports

In March 2023, overseas purchases of radio receivers decreased by -13.3% to 303K units, falling for the fourth month in a row after two months of growth. Over the period under review, imports showed a perceptible decline. The most prominent rate of growth was recorded in June 2022 when imports increased by 62% against the previous month. As a result, imports reached the peak of 586K units. From July 2022 to March 2023, the growth of imports remained at a somewhat lower figure.

In value terms, radio receiver imports expanded significantly to $16M (IndexBox estimates) in March 2023. Overall, total imports indicated a tangible increase from March 2022 to March 2023: its value increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, imports decreased by -24.6% against December 2022 indices. The most prominent rate of growth was recorded in December 2022 with an increase of 26% against the previous month. As a result, imports reached the peak of $21M. From January 2023 to March 2023, the growth of imports failed to regain momentum.

France Radio Receiver Imports by Type

Radio-broadcast receivers (100K units), radio-broadcast receivers n.e.c. in heading no. 8527; not combined with sound recording or reproducing apparatus but combined with a clock (91K units) and radio-broadcast receivers; operational without external power source, without sound recording or reproducing apparatus, including apparatus capable of receiving radio-telephony or radio-telegraphy (49K units) were the main products of radio receiver imports to France, together comprising 79% of total imports. These products were followed by radio (telephony, telegraphy, broadcast) broadcast receivers; apparatus (other than pocket-size radio cassette-players), combined with sound recording or reproducing apparatus, not needing external power, radio-broadcast receivers n.e.c. in heading no. 8527; combined with sound recording or reproducing apparatus, radio receivers for motor vehicles, radio-broadcast receivers n.e.c. in heading no. 8527; not combined with sound recording or reproducing apparatus and not combined with a clock and radio (telephony, telegraphy, broadcast) broadcast receivers; pocket-size radio cassette-players, operational without external power source, combined or not with sound recording or reproducing apparatus, which together accounted for a further 21%.

From March 2022 to March 2023, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by vehicle radio (with a CAGR of +2.4%), while imports for the other products experienced mixed trend patterns.

In value terms, radio-broadcast receivers ($8M) constituted the largest type of radio receiver supplied to France, comprising 51% of total imports. The second position in the ranking was taken by radio-broadcast receivers n.e.c. in heading no. 8527; combined with sound recording or reproducing apparatus ($2.8M), with a 17% share of total imports. It was followed by radio receivers for motor vehicles, with a 10% share.

France Radio Receiver Imports by Country

China (123K units), the Czech Republic (66K units) and the Netherlands (29K units) were the main suppliers of radio receiver imports to France, with a combined 72% share of total imports. These countries were followed by Belgium, Spain and Germany, which together accounted for a further 24%.

From March 2022 to March 2023, the biggest increases were in Spain (with a CAGR of +12.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Spain ($5.9M) constituted the largest supplier of radio receiver to France, comprising 37% of total imports. The second position in the ranking was taken by Germany ($2.6M), with a 16% share of total imports. It was followed by China, with a 13% share.

From March 2022 to March 2023, the average monthly growth rate of value from Spain stood at +36.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (+1.5% per month) and China (-6.5% per month).

Source: IndexBox Market Intelligence Platform