Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in China - 2024
Contents:
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in China (FOB) - 2022
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in China (CIF) - 2022
- Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in China
- Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in China
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in China (FOB) - 2022
The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $69 per unit in 2022, with an increase of 15% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for sound recording or reproducing apparatus; turntables (record-decks)s increased by +28.5% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 49%. The export price peaked at $90 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($124 per unit), while the average price for exports to Turkey ($41 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 the United States (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in China (CIF) - 2022
In 2022, the average import price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $207 per unit, waning by -1.9% against the previous year. Over the period under review, the import price, however, saw a prominent increase. The growth pace was the most rapid in 2015 when the average import price increased by 112% against the previous year. Over the period under review, average import prices reached the peak figure at $211 per unit in 2021, and then contracted slightly 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 Germany ($2,374 per unit), while the price for Hong Kong SAR ($123 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+48.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in China
In 2022, after three years of growth, there was significant decline in overseas shipments of sound recording or reproducing apparatus; turntables (record-decks)s, when their volume decreased by -16.1% to 2.1M units. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 61%. As a result, the exports attained the peak of 2.5M units, and then reduced dramatically in the following year.
In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s shrank slightly to $144M in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. As a result, the exports reached the peak of $149M, and then shrank modestly in the following year.
| Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 34.1 | 37.7 | 67.6 | 65.3 | 24.2% |
| Netherlands | 15.6 | 14.1 | 23.6 | 21.2 | 10.8% |
| Germany | 6.9 | 7.9 | 10.4 | 10.8 | 16.1% |
| United Kingdom | 5.7 | 8.7 | 12.3 | 10.0 | 20.6% |
| Belgium | 3.3 | 3.8 | 3.0 | 6.1 | 22.7% |
| Australia | 2.6 | 2.6 | 4.2 | 4.5 | 20.1% |
| Hong Kong SAR | 2.4 | 1.3 | 2.6 | 4.0 | 18.6% |
| South Korea | 0.6 | 1.1 | 3.4 | 3.5 | 80.0% |
| Japan | 1.5 | 2.7 | 3.2 | 3.4 | 31.4% |
| Canada | 0.6 | 5.6 | 3.3 | 2.7 | 65.1% |
| Turkey | 0.3 | 1.0 | 1.2 | 1.4 | 67.1% |
| Others | 4.8 | 10.4 | 14.2 | 11.1 | 32.2% |
| Total | 78.4 | 96.9 | 149 | 144 | 22.5% |
Top Export Markets for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) from China in 2022:
- United States (921.5K units)
- Netherlands (318.0K units)
- Germany (146.3K units)
- United Kingdom (122.3K units)
- Australia (79.0K units)
- Hong Kong SAR (61.9K units)
- South Korea (59.4K units)
- Japan (55.8K units)
- Belgium (48.7K units)
- Turkey (33.9K units)
- Canada (31.4K units)
Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in China
For the fourth consecutive year, China recorded growth in overseas purchases of sound recording or reproducing apparatus; turntables (record-decks)s, which increased by 50% to 56K units in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 76% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s skyrocketed to $12M in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 93% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 426 | 154 | 213 | 1,544 | 53.6% |
| Germany | 985 | 846 | 967 | 1,068 | 2.7% |
| Malaysia | 1.1 | 42.8 | 403 | 900 | 835.3% |
| Japan | 47.4 | 198 | 464 | 382 | 100.5% |
| Taiwan (Chinese) | 293 | 416 | 688 | 312 | 2.1% |
| United Kingdom | 251 | 316 | 423 | 204 | -6.7% |
| Georgia | N/A | N/A | 3.0 | N/A | 0% |
| Others | 355 | 2,091 | 4,671 | 7,136 | 171.9% |
| Total | 2,360 | 4,063 | 7,832 | 11,548 | 69.8% |
Top Suppliers of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) to China in 2022:
- Czech Republic (5.8K units)
- Taiwan (Chinese) (1.4K units)
- Malaysia (1.3K units)
- Germany (0.5K units)
- United Kingdom (0.2K units)
- Japan (0.1K units)
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