Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Italy - 2023
Contents:
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Italy (CIF) - 2023
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Italy (FOB) - 2022
- Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Italy
- Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Italy
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Italy (CIF) - 2023
The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $165 per unit in December 2023, approximately mirroring the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average import price increased by 160% month-to-month. As a result, import price attained the peak level of $352 per unit. From October 2023 to December 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Malaysia ($530 per unit), while the price for China ($40.5 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 Poland (+8.7%), 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 Italy (FOB) - 2022
In 2022, the average export price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $191 per unit, rising by 44% against the previous year. In general, the export price, however, recorded a pronounced contraction. The export price peaked at $288 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($225 per unit), while the average price for exports to Latvia ($59 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 Estonia (+14.5%), 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 Italy
In 2022, imports of sound recording or reproducing apparatus; turntables (record-decks)s into Italy reduced rapidly to 66K units, with a decrease of -30.4% against 2021. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. Over the period under review, imports of attained the peak figure at 98K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s reduced to $8M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 42%. As a result, imports attained the peak of $8.7M, and then declined in the following year.
| Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 861 | 430 | 938 | 1,795 | 27.7% |
| Netherlands | 1,307 | 897 | 1,641 | 1,156 | -4.0% |
| Belgium | 412 | 869 | 1,039 | 1,027 | 35.6% |
| China | 592 | 721 | 1,599 | 819 | 11.4% |
| United Kingdom | 1,358 | 1,313 | 1,070 | 590 | -24.3% |
| Germany | 719 | 559 | 896 | 548 | -8.7% |
| France | 512 | 311 | 329 | 424 | -6.1% |
| Others | 1,061 | 1,058 | 1,202 | 1,650 | 15.9% |
| Total | 6,822 | 6,158 | 8,715 | 8,007 | 5.5% |
Top Suppliers of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) to Italy in 2022:
- China (21.1K units)
- Netherlands (14.2K units)
- Austria (9.6K units)
- Belgium (6.0K units)
- France (4.4K units)
- Germany (3.1K units)
- United Kingdom (2.5K units)
Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Italy
In 2022, overseas shipments of sound recording or reproducing apparatus; turntables (record-decks)s decreased by -54.6% to 7.3K units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2020 with an increase of 35%. As a result, the exports attained the peak of 23K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s fell remarkably to $1.4M in 2022. In general, exports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of 41%. As a result, the exports attained the peak of $2.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 463 | 563 | 407 | 322 | -11.4% |
| France | 333 | 429 | 408 | 203 | -15.2% |
| United Kingdom | 153 | 191 | 80.1 | 71.1 | -22.5% |
| Poland | 120 | 193 | 129 | 53.2 | -23.7% |
| Israel | 14.4 | 25.1 | 24.1 | 49.9 | 51.3% |
| United States | 30.7 | 40.0 | 24.5 | 49.8 | 17.5% |
| Spain | 146 | 217 | 168 | 49.7 | -30.2% |
| Estonia | 1.6 | 8.1 | 9.7 | 42.4 | 198.1% |
| Belgium | 9.4 | 54.1 | 84.0 | 27.1 | 42.3% |
| Hungary | 4.2 | 7.0 | 14.2 | 18.1 | 62.7% |
| Czech Republic | 41.6 | 65.5 | 21.5 | 7.6 | -43.3% |
| Latvia | 5.8 | 3.6 | 4.0 | 6.8 | 5.4% |
| Austria | 51.6 | 40.9 | 39.2 | 4.0 | -57.4% |
| Others | 209 | 390 | 724 | 492 | 33.0% |
| Total | 1,584 | 2,228 | 2,137 | 1,396 | -4.1% |
Top Export Markets for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) from Italy in 2022:
- France (2051.0 units)
- Germany (1431.0 units)
- United Kingdom (596.0 units)
- Spain (564.0 units)
- United States (412.0 units)
- Poland (241.0 units)
- Israel (226.0 units)
- Estonia (203.0 units)
- Hungary (194.0 units)
- Belgium (138.0 units)
- Czech Republic (124.0 units)
- Latvia (115.0 units)
- Austria (46.0 units)
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