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

Contents:

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

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

In 2022, the average import price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $148 per unit, rising by 98% against the previous year. Over the period under review, the import price enjoyed a notable increase. The import price peaked at $162 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($233 per unit), while the price for Guatemala ($96 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.8%), 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 Ecuador (FOB) - 2022

The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $237 per unit in 2022, picking up by 23% against the previous year. In general, the export price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 an increase of 200%. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($221 per unit), while the average price for exports to Canada amounted to $20 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.5%).

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

In 2022, approx. 1.7K units of sound recording or reproducing apparatus; turntables (record-decks)s were imported into Ecuador; jumping by 734% compared with 2021 figures. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s skyrocketed to $255K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.247.912.5138124.5%
United States4.711.32.772.1148.5%
Taiwan (Chinese)N/AN/AN/A29.50%
Guatemala1.30.80.24.146.6%
Others0.10.7N/A11.2382.0%
Total18.460.715.5255140.2%

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

  1. China (1122.0 units)
  2. United States (309.0 units)
  3. Taiwan (Chinese) (230.0 units)
  4. Guatemala (43.0 units)

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

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 -80.6% to 6 units. Over the period under review, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 163% against the previous year. Over the period under review, the exports of hit record highs at 31 units in 2021, and then reduced markedly in the following year.

In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s dropped sharply to $1.4K in 2022. In general, exports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 199% against the previous year. Over the period under review, the exports of hit record highs at $6K in 2021, and then fell remarkably in the following year.

Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.13.55.31.10.0%
ChileN/AN/A0.1N/A0%
PanamaN/AN/A0.5N/A0%
Canada0.10.10.1N/A0.0%
OthersN/AN/AN/A0.30%
Total1.23.66.01.45.3%

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

  1. United States (5.0 units)
  2. Canada (1.0 units)

Source: IndexBox Market Intelligence Platform

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