Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Singapore - 2023
Contents:
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Singapore (CIF) - 2022
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Singapore (FOB) - 2022
- Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Singapore
- Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Singapore
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Singapore (CIF) - 2022
In 2022, the average import price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $227 per unit, picking up by 1.6% against the previous year. Over the period under review, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2017 an increase of 140%. Over the period under review, average import prices hit record highs at $541 per unit in 2018; however, from 2019 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 ($560 per unit), while the price for China ($80 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.0%), 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 Singapore (FOB) - 2022
The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $421 per unit in 2022, therefore, remained relatively stable against the previous year. In general, the export price recorded resilient growth. The growth pace was the most rapid in 2019 an increase of 299%. As a result, the export price reached the peak level of $476 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,402 per unit), while the average price for exports to Malaysia ($102 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 Italy (+20.3%), 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 Singapore
In 2022, imports of sound recording or reproducing apparatus; turntables (record-decks)s into Singapore surged to 18K units, with an increase of 41% compared with 2021. In general, imports showed notable growth. The pace of growth appeared the most rapid in 2021 with an increase of 185%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s surged to $4M in 2022. Over the period under review, imports, however, showed a noticeable slump. The pace of growth was the most pronounced in 2021 with an increase of 282%. Imports peaked at $4.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 3,707 | 135 | 1,757 | 2,183 | -16.2% |
| China | 403 | 218 | 544 | 943 | 32.8% |
| United Kingdom | 38.5 | 64.6 | 130 | 315 | 101.5% |
| United States | 82.8 | 93.4 | 38.3 | 186 | 31.0% |
| Taiwan (Chinese) | 21.8 | 2.0 | 1.4 | 61.3 | 41.1% |
| Hong Kong SAR | 84.5 | 35.5 | 5.8 | 1.1 | -76.5% |
| Others | 315 | 186 | 327 | 320 | 0.5% |
| Total | 4,653 | 735 | 2,805 | 4,009 | -4.8% |
Top Suppliers of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) to Singapore in 2022:
- China (11.7K units)
- Malaysia (3.9K units)
- United Kingdom (0.9K units)
- United States (0.4K units)
- Taiwan (Chinese) (0.3K units)
Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Singapore
In 2022, approx. 5.6K units of sound recording or reproducing apparatus; turntables (record-decks)s were exported from Singapore; increasing by 16% against 2021. Overall, exports, however, faced a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 175% against the previous year. The exports peaked at 8.4K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s soared to $2.4M in 2022. In general, exports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 440%. Over the period under review, the exports of attained the maximum at $4M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,923 | 101 | 960 | 917 | -21.9% |
| China | N/A | 21.6 | 249 | 442 | 352.4% |
| United Kingdom | 517 | 7.8 | 144 | 274 | -19.1% |
| Japan | 278 | N/A | 183 | 201 | -10.2% |
| Italy | 145 | 5.5 | 72.7 | 98.0 | -12.2% |
| Indonesia | 47.7 | 69.3 | 93.9 | 97.7 | 27.0% |
| Malaysia | 64.0 | 76.2 | 39.0 | 68.8 | 2.4% |
| Others | 1,004 | 95.9 | 297 | 270 | -35.5% |
| Total | 3,979 | 377 | 2,038 | 2,369 | -15.9% |
Top Export Markets for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) from Singapore in 2022:
- Germany (1443.0 units)
- China (1031.0 units)
- Malaysia (676.0 units)
- Japan (599.0 units)
- United Kingdom (570.0 units)
- Indonesia (501.0 units)
- Italy (344.0 units)
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