In 2023, the import of turntables without record changers to the UK stood at approximately 2.38 million kilograms. Forecasted data indicates a steady growth in the following years, reaching 2.69 million kilograms by 2028. The year-on-year growth rates for these imports are modest, with slight increments of around 2-3% each year. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) suggests a consistent average annual increase, reflecting a stable market demand.
Future trends to watch for:
- Rising consumer interest in vintage audio equipment may bolster demand further.
- Technological advancements and the digital-analog balance will influence purchasing preferences.
- Potential trade regulation changes post-Brexit could impact import figures.