Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Serbia - 2024

Contents:

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

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

In 2022, the average import price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $96 per unit, increasing by 56% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sound recording or reproducing apparatus; turntables (record-decks)s increased by +64.6% against 2020 indices. Over the period under review, average import prices hit record highs at $113 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($483 per unit), while the price for China ($73 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+21.1%), 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 Serbia (FOB) - 2022

The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $367 per unit in 2022, surging by 37% against the previous year. In general, the export price showed prominent growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 202%. Over the period under review, the average export prices hit record highs at $453 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,140 per unit), while the average price for exports to Bosnia and Herzegovina ($118 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 (+67.7%), 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 Serbia

In 2022, after three years of growth, there was significant decline in overseas purchases of sound recording or reproducing apparatus; turntables (record-decks)s, when their volume decreased by -49% to 3K units. In general, imports, however, saw a temperate increase. The pace of growth was the most pronounced in 2020 with an increase of 86% against the previous year. Over the period under review, imports of hit record highs at 5.9K units in 2021, and then dropped rapidly in the following year.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s fell sharply to $290K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 52% against the previous year. Imports peaked at $364K in 2021, and then dropped remarkably in the following year.

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

1. China (2796.0 units)
2. United Kingdom (68.0 units)
3. Malaysia (67.0 units)
4. Japan (48.0 units)

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

In 2022, exports of sound recording or reproducing apparatus; turntables (record-decks)s from Serbia soared to 175 units, rising by 47% compared with 2021. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 153%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s surged to $64K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Bosnia and Herzegovina (55.0 units)
2. North Macedonia (40.0 units)
3. Turkey (37.0 units)
4. Croatia (12.0 units)
5. United Kingdom (11.0 units)
6. Montenegro (7.0 units)
7. Australia (4.0 units)

Source: IndexBox Market Intelligence Platform