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

Contents:

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

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

The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $293 per unit in 2022, growing by 122% against the previous year. Over the period under review, the import price saw a strong expansion. The growth pace was the most rapid in 2020 when the average import price increased by 290% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 the United States ($844 per unit), while the price for China ($93 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.7%), 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 Thailand (FOB) - 2022

The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $100 per unit in 2022, picking up by 21% against the previous year. Overall, the export price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 5,653%. As a result, the export price reached the peak level of $7,336 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($180 per unit), while the average price for exports to Australia ($39 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 South Korea (+56.0%), while the prices for the other major destinations experienced a decline.

Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Thailand

In 2022, the amount of sound recording or reproducing apparatus; turntables (record-decks)s imported into Thailand declined significantly to 1.5K units, dropping by -44.3% against the previous year's figure. Overall, imports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 81%. Imports peaked at 3.3K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s soared to $433K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 73%. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. Switzerland (509.0 units)
2. Austria (379.0 units)
3. China (334.0 units)
4. United Kingdom (102.0 units)
5. Germany (56.0 units)
6. United States (44.0 units)
7. Japan (25.0 units)
8. Taiwan (Chinese) (1.0 units)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of sound recording or reproducing apparatus; turntables (record-decks)s, when their volume decreased by -25.5% to 243 units. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 329%. As a result, the exports attained the peak of 326 units, and then fell rapidly in the following year.

In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s shrank to $24K in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 126% against the previous year. As a result, the exports attained the peak of $27K, and then dropped in the following year.

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

1. China (99.0 units)
2. Hong Kong SAR (53.0 units)
3. United Kingdom (36.0 units)
4. Japan (22.0 units)
5. United States (18.0 units)
6. Singapore (5.0 units)
7. South Korea (4.0 units)

Source: IndexBox Market Intelligence Platform