Music sales Archives

The US Latin music market continued to grow in 2023

23/04/2024

The US Latin music market grew 16% over 2022, 14% above the previous peak in 2005, according to the RIAA, the American recorded music industry association. Total revenues of $1.4 Bn represented an all-time high share of overall US recorded music revenues of 7.9%, up from 7.3% in 2022. Streaming Streaming is the dominant choice of Latin music fans today, delivering more than 98% of total Latin music revenues. Overall, streaming revenue grew to $1.3 Bn, up […]

Streaming now makes up 88% of Swiss music sales

11/03/2024

Streaming now makes up 88% of Swiss music sales with total sales of CHF 233.9 million in 2023, 5% more than in the previous year according to IFPI Switzerland. Music streaming services such as YouTube, Apple Music and Spotify grew to CHF 206.1 million (+8%) and now accounts for 88% of the overall market. Sales of downloads and physical recordings continue to decline. The moderate growth in vinyl that has continued since 2010 fell slightly […]

Dutch music industry grew 9% in 2023

08/03/2024

Dutch music industry grew 9% in 2023 with streaming being the main source of income according to NVPI Audio, the Dutch music industry association. In 2023, the total turnover of the Dutch music industry amounted to 299 million euros, an increase of 9% compared to 2022. Turnover from streaming music increased by 11% to almost 240 million euros. Sales of CDs and vinyl also grew, respectively 16.1 (+5%) and 38.2 (+3%) million euros. The growth is […]

German music sales continued to grow in 2023

07/03/2024

German music sales continued to grow in 2023 with revenue reaching €2.21 Bn – up 6.3% on 2022 according to the BVMI in recently released figures. The majority of sales, 81.5%, were generated from the digital business, which grew by 7.9%, driven by audio streaming (+8.4%), which now has a market share of 74.8%. The physical market (18.5%) remained stable (+0.1%) due to renewed significant vinyl growth of 12.6%. CD sales fell by 5.9% but still remains the second strongest […]

Spanish streaming increased 20.8% in 2023

23/01/2024

Spanish streaming increased 20.8% in 2023 with 87 Bn streams, up from 72 Bn streams in 2023 according to Promusicae, the Spanish recorded music industry association. Streaming continues to account for 87% of music consumption with paid subscriptions that currently accounting for 56% of the total consumption of audio streaming. These statistics confirm the recent IFPI report published in December 2023 which found that Spaniards listen to more music throughout the day, on average, than in other neighbouring countries consuming […]

Music sales in Spain grew by 11.53% in first half of 2023

10/09/2023

Music sales in Spain grew by 11.53% in first half of 2023 with vinyl LPs continuing to outsell CDs according to Promusicae, the Spanish record industry association. Spaniards spent €214.3 million on music consumption, both in digital and physical formats that represents a 11.53% growth for the Spanish music industry, compared to the same period of 2022 (€192.1 million). Digital sales rose 12.82% thanks to streaming which represents 98.7% of this consumption segment. Streaming contributed 87.8% […]

French music streaming sales grew 9.4% in first half of 2023

07/09/2023

French music streaming sales grew 9.4% in first half of 2023 according to figures released by SNEP, the French music industry association. Total sales were €397 million with physical sales up 7.3% and digital sales up 10%. The use of downloading continues to decline which is similar to other major European markets. First half of 2023 highlights Streaming accounted for 77% of total revenues up from 71% compared to the same period last year. 60 Bn […]