Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Finland - 2023

Contents:

1. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Finland (CIF) - 2023
2. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Finland (FOB) - 2022
3. Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Finland
4. Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Finland

Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Finland (CIF) - 2023

The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $178 per unit in December 2023, approximately equating the previous month. Over the last twelve months, it increased at an average monthly rate of +2.8%. The pace of growth was the most pronounced in July 2023 an increase of 39% month-to-month. Over the period under review, average import prices hit record highs at $187 per unit in September 2023; however, from October 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the UK ($342 per unit), while the price for Austria ($113 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+27.4%), 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 Finland (FOB) - 2022

In 2022, the average export price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $205 per unit, falling by -1.5% against the previous year. Overall, the export price, however, saw a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 133%. The export price peaked at $491 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($261 per unit), while the average price for exports to Sweden ($125 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 Latvia (+6.8%), 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 Finland

Imports of sound recording or reproducing apparatus; turntables (record-decks)s into Finland skyrocketed to 7.8K units in 2022, picking up by 27% compared with the year before. Over the period under review, total imports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s surged to $1.1M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Sweden (4132.0 units)
2. Netherlands (1518.0 units)
3. China (651.0 units)
4. United Kingdom (342.0 units)
5. Germany (321.0 units)
6. Austria (302.0 units)
7. Estonia (123.0 units)
8. Denmark (71.0 units)

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

In 2022, approx. 505 units of sound recording or reproducing apparatus; turntables (record-decks)s were exported from Finland; increasing by 17% against the year before. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 71% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s expanded significantly to $103K in 2022. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 71% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Turkey (114.0 units)
2. Czech Republic (106.0 units)
3. Lithuania (71.0 units)
4. Denmark (56.0 units)
5. Russia (49.0 units)
6. Estonia (48.0 units)
7. China (17.0 units)
8. United States (2.0 units)

Source: IndexBox Market Intelligence Platform