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

Contents:

  1. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Ethiopia (CIF) - 2022
  2. Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Ethiopia

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

The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $84 per unit in 2022, dropping by -36% against the previous year. Overall, the import price recorded a perceptible contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 26% against the previous year. As a result, import price attained the peak level of $142 per unit. From 2014 to 2022, the average 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 the UK ($138 per unit), while the price for Italy ($6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas purchases of sound recording or reproducing apparatus; turntables (record-decks)s decreased by -48.6% to 19 units, falling for the second year in a row after two years of growth. Over the period under review, imports faced a dramatic curtailment. The growth pace was the most rapid in 2020 with an increase of 182%. As a result, imports attained the peak of 183 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s fell significantly to $1.6K in 2022. Overall, imports faced a sharp slump. The most prominent rate of growth was recorded in 2020 when imports increased by 198%. As a result, imports attained the peak of $19K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3.011,4753,1131,134623.0%
China2,0552,849655200-54.0%
United Kingdom5991,395378138-38.7%
Canada22055214.021.0-54.3%
Switzerland33130029.020.0-60.8%
United Arab Emirates21928862.017.0-57.3%
United States2,7371,91522117.0-81.6%
South Africa89.012730.09.0-53.4%
Italy13314626.06.0-64.4%
OthersN/AN/A33636.0-89.3%
Total6,38619,0474,8641,598-37.0%

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

  1. Turkey (10.0 units)
  2. China (2.0 units)
  3. Canada (1.0 units)
  4. Italy (1.0 units)
  5. South Africa (1.0 units)
  6. United Arab Emirates (1.0 units)
  7. United Kingdom (1.0 units)
  8. Switzerland (1.0 units)
  9. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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