Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Canada - 2024
Contents:
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Canada (CIF) - 2024
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Canada (FOB) - 2024
- Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Canada
- Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Canada
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Canada (CIF) - 2024
The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $85.7 per unit in January 2024, increasing by 12% against the previous month. Overall, the import price, however, saw a slight reduction. The most prominent rate of growth was recorded in July 2023 an increase of 67% against the previous month. As a result, import price attained the peak level of $111 per unit. From August 2023 to January 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($435 per unit), while the price for China ($62.2 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the UK (+15.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Canada (FOB) - 2024
In January 2024, the average export price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $224 per unit, with an increase of 66% against the previous month. Overall, the export price showed a mild increase. The growth pace was the most rapid in June 2023 when the average export price increased by 97% month-to-month. The export price peaked in January 2024.
There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was the United States ($971 per unit), while the average price for exports to Cyprus ($89.8 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.7%), 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 Canada
Imports of sound recording or reproducing apparatus; turntables (record-decks)s into Canada soared to 169K units in 2022, picking up by 16% on 2021. In general, imports, however, continue to indicate a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 16%. Imports peaked at 193K 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 skyrocketed to $15M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 4.5 | 5.5 | 7.9 | 4.1% |
| Taiwan (Chinese) | 0.5 | 0.6 | 1.2 | 2.3 | 66.3% |
| Malaysia | 0.2 | 0.1 | 0.4 | 1.2 | 81.7% |
| United Kingdom | 0.6 | 0.6 | 1.1 | 0.9 | 14.5% |
| Germany | 0.2 | 0.1 | 0.3 | 0.5 | 35.7% |
| United States | 0.6 | 0.5 | 0.5 | 0.4 | -12.6% |
| Czech Republic | 0.9 | 0.9 | 1.0 | 0.3 | -30.7% |
| Switzerland | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 0.3 | 0.3 | 0.5 | 0.9 | 44.2% |
| Total | 10.2 | 7.7 | 10.6 | 14.5 | 12.4% |
Top Suppliers of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) to Canada in 2022:
- China (123.0K units)
- Taiwan (Chinese) (12.9K units)
- United Kingdom (8.4K units)
- United States (4.7K units)
- Germany (4.3K units)
- Switzerland (3.7K units)
- Malaysia (3.3K units)
- Czech Republic (1.5K units)
Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Canada
In 2022, the amount of sound recording or reproducing apparatus; turntables (record-decks)s exported from Canada surged to 55K units, with an increase of 171% against the previous year's figure. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s soared to $6.3M in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,773 | 1,043 | 1,538 | 5,309 | 44.1% |
| United Kingdom | 41.4 | 81.8 | 171 | 488 | 127.6% |
| Belgium | N/A | N/A | N/A | 257 | 0% |
| South Korea | 43.7 | 121 | 21.1 | 12.6 | -33.9% |
| Vietnam | 202 | 189 | 10.0 | N/A | -77.8% |
| Others | 211 | 193 | 81.8 | 240 | 4.4% |
| Total | 2,272 | 1,628 | 1,821 | 6,306 | 40.5% |
Top Export Markets for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) from Canada in 2022:
- United States (44.7K units)
- United Kingdom (5.1K units)
- Belgium (2.7K units)
- South Korea (0.1K units)
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