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

Contents:

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

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

The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $660 per unit in 2022, falling by -16.8% against the previous year. In general, the import price, however, continues to indicate a tangible expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 966% against the previous year. Over the period under review, average import prices attained the maximum at $793 per unit in 2021, and then dropped sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,301 per unit), while the price for Portugal ($25 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.7%), 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 the United States (FOB) - 2022

The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $121 per unit in 2022, picking up by 14% against the previous year. Overall, the export price, however, recorded a mild contraction. The pace of growth appeared the most rapid in 2014 an increase of 33% against the previous year. The export price peaked at $138 per unit in 2012; however, from 2013 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 Australia ($404 per unit), while the average price for exports to Mexico ($88 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 Australia (+7.6%), 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 the United States

In 2022, approx. 156K units of sound recording or reproducing apparatus; turntables (record-decks)s were imported into the United States; with an increase of 3% against the year before. Overall, imports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. Over the period under review, imports of attained the maximum at 211K 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 dropped to $103M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. As a result, imports attained the peak of $120M, and then fell in the following year.

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

1. Taiwan (Chinese) (63.5K units)
2. China (61.4K units)
3. United Kingdom (12.4K units)
4. Japan (4.0K units)
5. Czech Republic (3.2K units)
6. Germany (3.2K units)
7. Portugal (3.0K units)
8. Hong Kong SAR (1.2K units)

Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in the United States

In 2022, exports of sound recording or reproducing apparatus; turntables (record-decks)s from the United States expanded to 118K units, increasing by 4.5% on 2021. The total export volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. Over the period under review, the exports of attained the maximum 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 soared to $14M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. The exports peaked 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 the United States in 2022:

1. Canada (81.4K units)
2. China (9.3K units)
3. Mexico (3.4K units)
4. Chile (3.4K units)
5. Brazil (2.9K units)
6. United Kingdom (2.2K units)
7. France (2.1K units)
8. United Arab Emirates (1.2K units)
9. Australia (0.4K units)

Source: IndexBox Market Intelligence Platform