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

Contents:

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

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

The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $165 per unit in November 2023, dropping by -8.9% against the previous month. Over the period under review, import price indicated a slight expansion from November 2022 to November 2023: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for sound recording or reproducing apparatus; turntables (record-decks)s increased by +16.4% against September 2023 indices. The growth pace was the most rapid in April 2023 an increase of 53% month-to-month. The import price peaked at $192 per unit in August 2023; however, from September 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($633 per unit), while the price for Poland ($116 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the UK (+5.0%), 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 Sweden (FOB) - 2022

In 2022, the average export price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $140 per unit, waning by -11.2% against the previous year. In general, export price indicated a measured expansion 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. The pace of growth was the most pronounced in 2014 when the average export price increased by 51%. The export price peaked at $179 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the UK ($185 per unit) and Norway ($142 per unit), while the average price for exports to Finland ($133 per unit) and Denmark ($138 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+4.5%), 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 Sweden

Imports of sound recording or reproducing apparatus; turntables (record-decks)s into Sweden declined to 24K units in 2022, which is down by -11.5% compared with the year before. Overall, imports saw a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 12% against the previous year. Imports peaked at 29K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s shrank to $2.9M in 2022. Over the period under review, imports recorded a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of $3.2M, and then contracted in the following year.

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

1. Netherlands (10.2K units)
2. Denmark (4.8K units)
3. China (4.7K units)
4. Germany (2.7K units)
5. United Kingdom (0.7K units)
6. Spain (0.1K units)

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

In 2022, overseas shipments of sound recording or reproducing apparatus; turntables (record-decks)s decreased by 0% to 11K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 16% 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 the near future.

In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s reduced to $1.5M in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 16%. Over the period under review, the exports of hit record highs at $1.7M in 2021, and then dropped in the following year.

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

1. Finland (4.3K units)
2. Norway (4.0K units)
3. Denmark (2.0K units)
4. United Kingdom (0.2K units)

Source: IndexBox Market Intelligence Platform