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

Contents:

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

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

In 2022, the average import price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $189 per unit, reducing by -6.6% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sound recording or reproducing apparatus; turntables (record-decks)s increased by +31.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 47%. The import price peaked at $202 per unit in 2021, and then contracted 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 the UK ($659 per unit), while the price for China ($69 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.0%), 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 Luxembourg (FOB) - 2022

In 2022, the average export price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $75 per unit, waning by -61.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 109%. As a result, the export price reached the peak level of $203 per unit. From 2021 to 2022, the average export prices remained at a somewhat 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 France ($227 per unit), while the average price for exports to South Africa ($5 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 Switzerland (+82.3%), 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 Luxembourg

In 2022, approx. 1.6K units of sound recording or reproducing apparatus; turntables (record-decks)s were imported into Luxembourg; growing by 10% on 2021. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 38%. As a result, imports attained the peak of 2.2K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s amounted to $310K in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 28%. As a result, imports reached the peak of $319K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium36.312088.898.639.5%
Austria63.571.087.772.64.6%
Germany52.872.564.550.2-1.7%
Netherlands4.56.925.045.1115.6%
France11.13.710.314.59.3%
Poland2.97.711.011.759.2%
Spain2.12.33.33.316.3%
China20.74.91.40.9-64.8%
Others55.029.59.413.1-38.0%
Total2493193013107.6%

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

  1. Belgium (684.0 units)
  2. Netherlands (239.0 units)
  3. France (172.0 units)
  4. Austria (167.0 units)
  5. Germany (141.0 units)
  6. Poland (133.0 units)
  7. Spain (30.0 units)
  8. China (13.0 units)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of sound recording or reproducing apparatus; turntables (record-decks)s, when their volume decreased by -43.4% to 111 units. Overall, exports, however, showed a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 118%. As a result, the exports attained the peak of 196 units, and then fell significantly in the following year.

In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s dropped dramatically to $8.3K in 2022. Over the period under review, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 176% against the previous year. The exports peaked at $38K in 2021, and then shrank rapidly in the following year.

Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.50.42.46.2131.5%
Germany0.53.07.61.130.1%
ItalyN/A0.52.40.2-36.8%
France0.52.04.30.2-26.3%
Hungary0.52.40.5N/A0.0%
Switzerland3.10.114.2N/A114.0%
United Kingdom1.02.41.1N/A4.9%
South AfricaN/AN/AN/AN/A0%
Georgia0.1N/AN/AN/A0%
Others0.57.55.80.50.0%
Total6.618.338.38.37.9%

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

  1. Belgium (88.0 units)
  2. Germany (9.0 units)
  3. Italy (5.0 units)
  4. South Africa (2.0 units)
  5. France (1.0 units)
  6. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform

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