Vinyl record sales statistics by year Jan 8, 2025 · The biggest-selling album of the year was Taylor Swift’s The Tortured Poets Department with sales of 783,820 albums, including 111,937 copies on vinyl, which also made it 2024’s biggest-selling vinyl album. 8-tracks took a short-lived run at the dominance of vinyl, cassettes faded away as compact discs took the world by storm, and through it all, the music industry saw its revenue continue to climb. Just over 41 million vinyl records were sold in 2022, to the tune of $1. Last year, the music industry sold 41. 2018-2019 Other statistics that may interest you Vinyl decline versus the first half of 2019. 6 million sales in 2020 to $584. 6% uplift to 163. 6 million sales in 2021. In 2023, LPs had their best year since the 1980s, with more than 43 million albums sold — accounting for 8% of total recorded music revenue in the U. For that six-month period, vinyl sales increased by 12. Billboard has since added language Oct 14, 2024 · After vinyl sales saw a significant rise earlier in the decade decade, Billboard’s latest music consumption report reveals a 33% decline in record sales this year. 5% of all vinyl albums sold by all artists in the U. 3 percent in the US in 2024. Revenues from vinyl records grew 17% to $1. Oct 17, 2024 · There was a flurry of headlines earlier this week claiming vinyl sales were down 33 percent this year, which would have been the first decline in 17 years. 2% year-on-year to 8,044,760 units in Oct 14, 2024 · Vinyl record sales fell from 34. Sales of vinyl LPs in the US rose to 19. Apr 16, 2016 · The timeline shows data on vinyl record sales worldwide from 1997 to 2015. Jan 7, 2021 · During the year everything else seemed to be in free fall, vinyl sales shot up by a staggering 46. This marks vinyl’s highest US sales since MRC Data began tracking the format in 1991. Individual track sales revenues were down 27% year-over-year, and digital album revenues declined 18%. the physical album I like immersing myself in the full album I like the ritual of playing a vinyl record I like having the physical records to look at I like physically owning my music Vinyl buyers: The original superfans 20. FIGURE 6 FIGURE 5 Physical Products For the first time since 1996, both CDs and vinyl records Aug 30, 2024 · Vinyl sales turned in a double-digit sales spike in the U. Revenues from vinyl records grew 1% to $632 million and accounted for 72% of physical format revenues. 2018-2019 Other statistics that may interest you Vinyl Jan 14, 2025 · Vinyl’s Best Year Yet. 9 million units. Mar 26, 2024 · That’s 6 million more than the number of CDs sold in 2023, marking the second time since 1987 that’s happened and reflecting the steady 17-year-running growth of vinyl sales. Taylor Swift's Red also broke vinyl sale records. 2% from 43. 7 million vinyl records alone — more than Harry Styles (719,000 sales) and The Beatles (553,000 sales) combined, according Jun 20, 2023 · According to Billboard, this year’s Record Store Day was the biggest in 15 years, with 1. 7 percent increase in the first half of 2023. The last time records have seen that revenue level was in 1986. 5 Billion by 2033 with a growth rate (CAGR) of 6. We understand what record collectors are doing because they come to our platform to research music, evaluate vinyl prices, and catalog records they purchased from across the market. Jan 8, 2021 · Vinyl album sales totaled 27. Oct 24, 2022 · CDs are still seeing a slight increase in sales, but vinyl records, with that huge 108% increase since 2020, have a promising future as the preferred physical media for album sales. With that said, in spite of the steady growth in vinyl record sales over the past several years, it still doesn’t come close to what vinyl record sales used to be. There may be a cost-of-living crisis, but Australians are still . In 2022, vinyl album sales in Australia reached 35. 2bn (£. Vinyl keeps getting more popular every year. 2% according to MRC Data’s 2020 year-end report. grown every year since, soaring to just over 49 million units in 2023 Mar 9, 2023 · As per the most recent report, with $1. 7 LISTENING TO MUSIC EACH WEEK Europe average Vinyl buyers 6 NUMBER OF 12 GENRES LISTENED TO 45% PAY FOR Dec 28, 2023 · Sales of vinyl LPs continued to rise, with Taylor Swift's 1989 becoming this year's best-selling record. That’s a drop from 34. 2022 was the 17th consecutive year vinyl album sales grew in the U. Vinyl album sales comprised 38. 2 percent between 2022 and 2023. Adele's 30 was the top-selling vinyl album of the year. , finished at 49. 2018-2019 Other statistics that may interest you Vinyl The fracas started with a weekly Billboard national music consumption report, which pointed to a 33. 72 million vinyl LPs were sold – a 51. 2 billion in revenue, vinyl now makes up 70 percent of all physical music sales. 46 million vinyl albums were sold in 2022 (up 4. Discogs provides the most recent sales history for every item sold in the Marketplace. Jul 12, 2023 · In the first half of 2023, vinyl LP sales were up 21. 46 million Australian dollars, up from the previous year, and continued to grow annually. last year, up from just 1. Nov 19, 2014 · This chart shows worldwide vinyl music sales since 1997. During 2021, 41. 2 million across 46. Vinyl sales are actually up 6. This included the first week in Luminate history that saw vinyl sales in excess of 2 million copies, with 2. there were roughly 210 thousand new vinyl albums sold in the UK. Apr 19, 2024 · Vinyl LPs accounted for more than 40 percent of album sales in the United States last year, which is quite substantial. The last time CDs saw a year-over-year revenue increase was in 2004. 7 million records. 809 million of 2. [33] 500. Therein, Luminate reports that vinyl sales saw a 21. Dec 30, 2021 · Billboard reports that last week was the best week for vinyl record sales in three decades. 3% of all album sales (physical and digital formats Dec 28, 2023 · In total, in the week ending Dec. The LP vinyl record format, with a diameter of 12 or 10 inches and a speed exceeding 33 rpm, is the standard for most record labels. S. So when a report last month by Luminate, the leading music industry source for tracking music consumption, indicated a precipitous 33% drop during the first half of 2024, it caused quite a stir. The global vinyl record market size was valued at USD 1. Jan 13, 2025 · Vinyl album sales at indie retailers during Record Store Day in the U. This is the definitive source of revenue data for the recorded music industry in the United States. Jan 13, 2022 · More than one out of every three albums sold in the U. Jan 4, 2022 · The increase in vinyl sales is also higher than that of streaming uptake: while vinyl sales rose 11% in 2021 compared with the previous year, streaming’s increase measured just 5. Following outselling CDs for the first time in decades in recent years, the latest Billboard music consumption report has revealed that vinyl record sales have dropped 33. Here’s another incredible stat from Billboard : 70% of all physical albums sold in the U. Jan 8, 2025 · As previously reported, the biggest-selling album of the year was Taylor Swift’s The Tortured Poets Department with sales of 783,820 albums, including 111,937 copies on vinyl, which also made it May 29, 2024 · In 2018, rock vinyl album sales accounted for 41. over the last 50 years. 72 million in 2021). 9 million units in 2023 to just 23. Jan 16, 2024 · The industry’s total vinyl album sales for 2023, across all artists in the U. 2% of total sales revenue in 2004. Taylor Swift dominated, leading with '1989 (Taylor's Version)' as the top-selling vinyl. Read more Share of vinyl album sales in the United States in 2018, by genre "Vinyl record sales surpass CDs for the first time since the 1980s" This one was talking about money earned: Vinyl records accounted for $232. 9% improvement in unit sales in 2022, the UK vinyl market in 2023 saw a much more significant increase, reaching 11. According to Statista’s vinyl records statistics, America leads global sales of vinyl records, and the numbers continue to climb. Last year 4. May 29, 2024 · Data on vinyl album sales in the United States from 1993 to 2023 shows consistent growth since 2006, and in 2023 a total of 49. recorded-music revenue climbed 9%, streaming revenues are up 10% and vinyl sales soared a whopping 22% in the first half of 2022, according to the RIAA’s mid-year report. Factoring in streaming and downloads of single tracks, however, that The RIAA provides the most comprehensive data on U. Seven of the top 10 vinyl albums this year were new releases. Vinyl records have witnessed a remarkable resurgence in recent years, capturing the hearts of music enthusiasts and collectors alike. [65] In 2021, for the first time in the last 30 years, vinyl record sales exceeded CD sales; one of every 3 albums sold in the US was a 5 days ago · Vinyl record manufacturing plants are working diligently to meet the high demand, but the bottleneck in supply persists. 9 million units, the highest annual level since 1990. In 2024, the LP segment experienced growth due to the increasing demand for retro music. 7 billion were up 4% versus the prior year. Vinyl Alliance is urging media outlets to correct the misinformation and has Jan 4, 2024 · Quite the opposite in fact – the resurgence of vinyl continues as sales of records increased for the 16th consecutive year over 2023. Aug 27, 2024 · The best-selling vinyl album in Canada in 2022 was 'Midnights' by Taylor Swift ,with 29,000 units sold that year, outperforming the album 'Fine Lines' by Harry Styles, which recorded unit sales of Dec 28, 2023 · Sales of vinyl LPs continued to rise, with Taylor Swift's 1989 becoming this year's best-selling record. 1 million units sold, an 11. This figure represents just over 53% of all 36. 61 million – up 14. has sustained a continuous uptick in sales. Jun 13, 2024 · Physical music sales in Finland 2013-2023, by origin; Sales volume of physical audio records in Finland 2013-2023; Sales volume of CDs in Finland 2013-2023; Sales volume of vinyl record in Finland Jul 25, 2023 · The well-respected entertainment data company Luminate recently released their Midyear Music Report, which confirms vinyl sales are on the rise yet again. 11 million albums sold the week ending Dec. Jan 16, 2023 · 2022 was certainly a big year for vinyl - with eight of the year's Top 10 LPs being released in the last year; t he best-selling album on wax was Taylor Swift's hyper-successful tenth album Jan 8, 2025 · The biggest-selling album of the year was Taylor Swift’s The Tortured Poets Department with sales of 783,820 albums, including 111,937 copies on vinyl – which also made it 2024’s biggest Jan 2, 2024 · The Lathums, one of the UK acts benefiting from the revival of vinyl sales. Revenues from vinyl albums grew 94% to $467 million, though the comparison versus the prior year includes a period in which retail stores were significantly impacted by Covid-19, and Record Store Day 2020 was delayed and did not occur in the spring (as it did in 2021). Notably, 2. Starting in 2007, vinyl record sales began to increase Dec 14, 2023 · Over the past couple of months, an argument has been brewing over the reporting of vinyl sales data that indicates the renewed importance of vinyl to the industry, even as changes to sales data Jan 8, 2025 · The market for vinyl records grew by 10. 3 million sold in 2024. Vinyl records continued a remarkable resurgence in the first half of 2021. Nov 19, 2024 · While many in our industry focus on streaming consumption and the billions of streams that occur weekly, there is another consumption format that has shown growth year after year for the last 18 years straight: vinyl album sales. 7% from the first half of 2022, according to Luminate’s 2023 Midyear Music Report, as reported by Variety. In 2020, record sales surpassed CD revenues, outpacing a format that had conquered its predecessor (this being cassettes. 2% when comparing 2023 and 2024 data through Q3, excluding independent retail figures from both years. 9 per cent rise in vinyl sales in 2022. The great vinyl revival of the 2010s has proved itself to be far more than a passing trend. 99m sales. 60% from 2024 to 2031. Jan 3, 2018 · Once again, yearly vinyl album sales have hit another Nielsen Music-era record high, as the configuration sold 14. According to their 2023 report released in March 2024, vinyl sales had a 10% sales increase to $1. 583 million). Sep 21, 2022 · U. ) revenues of $882 million were up 5% versus the prior year. 3 million in 2007, the year that Record Store Day The Recording Industry Association of America perenially issues half-year and full-year reports that include multiple statistics about the US music market. This market analysis delves into the current state of the vinyl records industry, highlighting its growth, key insights, opportunities, and challenges. 55 million records sold in 2020. Starting in 2009, record sales began increasing while CD revenues continued to fall. The biggest-selling vinyl album of 2021 so far is ABBA Mar 27, 2024 · What’s more, LP and EP purchases actually increased year-to-year by nearly 3 million sales—for the record (sorry), “long playing” vinyl are generally 12-inch records containing full albums Jan 28, 2025 · The global vinyl industry nonprofit collective has polled more than 2,500 music fans about their physical media habits to find that 76% of 18-to-24-year-olds reported buying a vinyl record at least once per month, with 80% owning a record player — shutting down the unsubstantiated chatter than younger vinyl buyers were buying records to Mar 28, 2024 · For the 7th year in a row revenues from vinyl records continued to grow hitting 10% and rising to $1. Vinyl sales have been steadily increasing for Digital album sales were down 12% to $282 million, and individual track sales were down 16% to $256 million. Read more: US vinyl sales grew by 94% during first half of 2021. That’s the highest it’s been in over 30 years! What’s cool is that it’s not just old albums driving these sales. 5 million units. 2018-2019 Vinyl album sales during Record Store Day week in the U. Revenues from vinyl records grew 10% to $1. 1% to reach 6. 2 percent. 8% year-over-year, tumbling from 75. Oct 15, 2024 · CD and digital album sales have seen notable declines, with CD sales down by 19. After a 2021 rebound versus the Covid Record sales or music sales are The 2013 event of Record Store Day was credited with the highest U. 7 million versus CD album volume at 40. As a now 24-year veteran vinyl record store owner (that went fast!), I have witnessed the remarkable resurgence of vinyl records market in the past decades. 4% year Oct 30, 2024 · The global Vinyl Records market size will be USD 2254. 23 as consumers stocked up for the holiday season. Downloads accounted for just 4% of U. 5 million in 2024. Oct 16, 2024 · The vinyl industry is just one facet of vinyl culture, and Discogs can uniquely report on record collection trends, not just record consumption. Record sales volume Nov 19, 2024 · For the last 18 years the vinyl record industry in the U. 3 million albums, more than Mar 19, 2022 · That being said, vinyl record sales increased for the 15th year in a row. 7 While vinyl sales have been on the rise for over 15 years, the pace has accelerated in 2023. FIGURE 6 FIGURE 5 Physical Products Revenues from physical products of $376 million at estimated retail value for first half 2020 were down 23% year-over-year. 46 million in 2022. The vinyl revival shows a fascinating combination of Jan 13, 2023 · This video, created by James Eagle using data from the Recording Industry Association of America , highlights sales of different music formats in the U. The latest data from the Recording Industry Association of America (RIAA) shows the enduring appeal of vinyl records. 9 Billion in 2024 to reach USD 3. 2% increase. Meanwhile, audio-on-demand streaming continues its ascent, notching a 7. 29 million by 2031, with a Compound Annual Growth Rate (CAGR) of 10. As we noted back on March 9 in this story, the Recording Industry Association of America Dec 10, 2024 · Vinyl album sales at indie retailers during Record Store Day in the U. , and the largest revenues of $1. In fact, Luminate reports that U. Each record’s lowest, median, and highest sale price is automatically calculated and displayed on the release page based on the 30 most recent sales of that item. Oct 15, 2024 · "Update: A representative from Luminate, the data company that supplies information for Billboard’s music consumption report, clarified that due to a recent change in the methodology for counting vinyl sales from independent retailers, it’s inaccurate to compare 2024 vinyl sales to previous years. Sales grew at their fastest rate this decade with 6. 1 million of music sales in the first half of the year, compared to CDs, which brought in only $129. Dec 29, 2021 · It marks the 14th year in a row that the format has increased sales, with vinyl records making up 23 per cent of all albums sold this year. For 2021, that increase amounted to 61% to $1 billion dollars. 4 billion – the seventeenth consecutive year of growth – and accounted for 71% of physical format revenues. In 1973 Mar 13, 2023 · Vinyl record sales outperformed CDs in the US for the first time since 1987, according to a new report. 3 million in 2024. 2020 marked the 15th consecutive year vinyl album sales grew, and the largest year for vinyl album sales since MRC Data Feb 7, 2024 · In 2021, vinyl records enjoyed a 68% increase in total sales volume and a 55% increase in total sales revenue over 2020 in the US, reaching $1 billion in sales for the first time since 1985. For the third consecutive year, vinyl albums outsold CDs in units (23 million vs 15 million). 5% and digital albums falling by 8. Amid the vinyl revolution, this news signified a shift in buyer habits: a sales decline among vinyl for the first time in 17 years. 9 million units in 2023 to Mar 14, 2022 · According to the report, CD sales grew from $483. Oct 29, 2024 · Case in point: Billboard has removed its vinyl sales figures from its website. 32 million (up 9 percent) in 2017. Dec 28, 2023 · With “Midnights,” Swift broke the record for the biggest sales week for a vinyl album with 575,000 copies sold—a record she broke again this year when “1989 (Taylor’s Version)” sold May 29, 2024 · Vinyl album sales at indie retailers during Record Store Day in the U. Mar 10, 2023 · Vinyl sales grew for the 16th consecutive year in 2022, with 41 million albums sold — compared to 33 million CDs. 7 million discs sold last year, generating £196m. 2% compared to 2019. CD sales remained flat at £126. 4% over the past 24 months. The digital entertainment and retail association (ERA) said there are now 461 indie record Vinyl records have made a remarkable comeback over the past decade and LP sales continue to grow year after year. Streaming now accounts for 83% of all music consumption. 4 million units. 9% improvement in unit sales last year, the vinyl market in 2023 has experienced much stronger growth, with an 11. last year were vinyl LPs, according to MRC Data. 2% from 41. Turns out, vinyl sales are actually up. This, of course, is continued good news from our POV. According to BPI analysis based on Official Charts data, vinyl LP sales in the UK increased by 11. Jan 14, 2022 · US vinyl sales have reached record highs in 2021, according to MRC Data. 4 million for the first six months of 2022, according to a report by Luminate Data. For the first time since 1987, vinyl albums outsold CDs in units (41 million vs 33 million). 3% drop in year-over-year sales for 2024. Jul 15, 2024 · Physical music sales are on course for their first increase in two decades. 9 billion were up 11% versus the prior year. According to this analysis, stateside vinyl LP sales 45+ years of sales by media, from vinyl to streaming Music Industry Sales (1973 - 2019) | Kaggle Kaggle uses cookies from Google to deliver and enhance the quality of its services and to analyze traffic. Vinyl is making a major comeback. 4% YOY and finished the year with 41. And th Jul 16, 2024 · Indeed, overall physical album sales have not registered a year-on-year increase since 2004, when there was a 2. 7% year-on-year rise to 5. 3. Following a 2. Total album sales across all formats dropped by 23%, from 75. 4 billion, making up 71% of all money made from physical music formats. Jul 18, 2022 · A small increase on last year’s figures. From collectible classics to the biggest new releases, vinyl records are in high demand among music fans. See full list on speakergy. Expanding product innovation enhances variety and appeal of probiotics is expected to boost sales to USD 4563. Vinyl also grew, from $643. Oct 18, 2024 · Vinyl record sales are still on the rise, it has been confirmed, following reports that claimed the US market was down 33 percent. This came after widespread criticism over their report claiming a 33. 2023 marked the 18th consecutive year vinyl Oct 16, 2024 · Vinyl Alliance has expressed frustration over how the incorrect data could damage the vinyl industry. Initiatives like Record Store Day revived interest, aligning with HMV's London flagship reopening. 7% — a dip compared with last year’s 22% growth, suggesting a saturation point may be near. CDs Jan 28, 2025 · Find top dropship and wholesale suppliers for Cds And Vinyl with a selling price range of $13-$21 and a growth rate of 13. 2024 was its 17th year of growth, with sales jumping 9. The controversy surrounding vinyl record sales in 2024 has sparked significant debate within the music industry. 3% drop in vinyl sales for the year 2024 compared to 2023. The below data visualization shows both the FY volume sales and retail revenue sales of physical music formats in the US in recent years. Year after year, the once-outdated medium has outsold every other physical music format Vinyl album sales at indie retailers during Record Store Day in the U. Yet, even with these challenges, vinyl remains the most popular physical music format, consistently outperforming CDs. Streaming is still the biggest driver of the music industry's growth. In fact, vinyl records represented only 0. FIGURE 6 NOTE – Updates were incorporated for historical data for 2019 – 2022. 9 million, according to a report from the Recording Industry Association of America. Vinyl album volume increased a whopping 50. 3% year-over-year drop in US-based vinyl sales, citing data provided by Luminate (formerly known Apr 19, 2018 · Directly accessible data for 170 industries from 150+ countries and over 1 Mio. Mar 21, 2024 · Sales of vinyl records grew 14 per cent to $42 million in 2023, representing 70 per cent of the music sold on a physical format. 54 million in 2020, up 46. Mar 13, 2023 · Sales of records have been increasing since 2007, and the data shows the vinyl record industry’s rebound still has not peaked. vinyl sales, in million copies per year. Oct 16, 2024 · Luminate data reveals a 33. 7% year-over-year. 4 billion accounting for 71% of physical format revenues. However, the vinyl records market experienced a remarkable resurgence in the following years. After several years of decline CD sales grew 21% percent to $584 million. Oct 26, 2024 · In total, album sales across all formats have nosedived by 23. 5 million units in 2023 to 57. com Apr 21, 2023 · According to the Recording Industry Association of America (RIAA), 41 million vinyl records were sold in the U. 2 million in 2024. In addition, vinyl records sales have just recently surpassed those of CDs, which might indicate that CDs are on their way out. that week. 8% during 2025-2033. The Rolling Stones returned strongly, while UK artists fueled 40% of vinyl sales. 4 HOURS SPENT 29. Sep 5, 2024 · Vinyl records outstrip streaming services in growth, spinning up a 17% revenue increase compared to streaming’s 4% in the first half of 2024. This compares to the 2. 3 million across 31. As the popularity of vinyl records has surged in recent years, such negative headlines could discourage potential buyers, independent artists, and record labels. That’s up from the previous one-year Dec 27, 2023 · Predictions, statistics and musings on the state of vinyl records in 2024. in the week ending April 27 were vinyl albums (1. 99bn). 5%, with 6. 21, 2023, Swift’s vinyl album sales across all of her albums added up to 194,000 — 9. Mar 10, 2023 · Taylor Swift was the highest-selling artist last year, selling almost 1. Skip to main content Directly accessible data for 170 industries from 150+ countries and over 1 Mio. during H1 2024, rebounding from single-digit growth in 2023, per a new report. May 29, 2024 · Data on the year-over-year changes in music sales in the United States from 2009 to 2023 show yearly increases in LP/vinyl album sales, which saw growth of 14. The biggest single of the year was Noah Kahan’s ‘Stick Season’, generating the equivalent of 1. Vinyl revenue rose 17 percent last year, but CD revenue — which saw an out Oct 15, 2024 · However, Luminate noted that US vinyl sales have risen by 6. Americans bought 2. 3%. See the record value and sales history. Only Dec 28, 2023 · In 2023, vinyl records witnessed an unprecedented resurgence, recording a 12% sales surge—its highest in 30 years. vinyl Sep 20, 2024 · This view offers a different story — one widely reported over the last ten years. 2 billion – the sixteenth consecutive year of growth – and accounted for 71% of physical format revenues. 6 million vinyl albums were sold, up by over 14 percent from the Oct 6, 2018 · The record industry has seen a lot of change over the years. Even though CD revenue rose in 2022, up 11% to $537 million in 2023, for the second time since 1987 vinyl albums outsold CDs in units, 43 million versus 37million accounting for 71% of Jul 14, 2021 · MRC Data recently disclosed the triple-digit vinyl record sales growth in its 2021 half-year report, covering January 1st through July 1st. Initially, reports suggested a dramatic decline in vinyl sales, but subsequent… Mar 6, 2024 · The number of independent record shops in the UK is at a 10-year high, according to an industry group. 7% from the same period the year before, a robust vote of confidence for the format that has dominated album sales in recent years. Dec 28, 2023 · Following a 2. In 2022, more than 43 million vinyl albums were sold in the United States, up from Jul 5, 2023 · According to BPI data, the half-year results show that album equivalent sales (AES) reached 89,755,479 for the first six months. Sales have never been more robust in this decade. recorded music revenues in 2021, down from a peak of 43% of revenues in 2012. LP sales have seen an unprecedented growth in the last few years, as global revenue of vinyl sales increased from 34 Vinyl Records Sales Around the World. Since 2016 Apr 11, 2024 · Sales of vinyl records continued to increase in 2023 – decades after the LP’s death was forecast by music experts. 2018-2019 Other statistics that may interest you Vinyl Apr 2, 2024 · Vinyl’s comeback proves old school is still cool. 1,000. 9 million across 23. 7 percent of all vinyl album sales. This jump was likely driven by an increased interest in record collecting that occurred during the COVID-19 pandemic as people looked for new hobbies to Her ninth studio album, Evermore (2020), sold 102,000 vinyl LPs in a single week in June 2021, breaking the record for the biggest vinyl sales week for an album since MRC Data began tracking sales in 1991. 2m - although the format still sells more than vinyl in terms Vinyl record sales more than double from 2019 to 2021. 8 million vinyl album sales in just one week. 5 million physical album sales in the US so far this year. 6 million. Jan 11, 2023 · 17 YEARS OF VINYL GROWTH: 43. 9 million units sold in 2023 to just 23. There was a significant impact from music Jan 15, 2025 · For the first half of 2023, vinyl record sales were up 21. Vinyl Up until the late 1980s, vinyl dominated the music format industry, earning billions of dollars in sales annually. A number of news outlets were under the impression that sales had declined for the first time in 17 years since the vinyl revolution revived the medium once again. Before we delve into the vinyl data, a brief liner note is required. As revealed in the new edition of Music Week, physical album sales increased by 3. recorded music revenues and shipments dating all the way back to 1973. 8 million vinyl records in 2010, but they bought 13 million records in 2016 and 18. 4% increase on the 27. 8 million in 2019. On October 15, Discogs contacted Chris Muratore, director of partnerships at Luminate, who confirmed that the reported data is incorrect. This data, from the RIAA mid-year report, puts vinyl at 75% of all physical format revenues, also outselling CDs for the fourth year in a row. When we redesigned our Sound Recording Survey in 2005, vinyl accounted for a small fraction of total music sales and appeared headed towards the eight-track tape bin of history. 8% increase compared to 2022. 5 million to 57. facts. For the second time since 1987, vinyl albums outsold CDs in units (43 million vs 37 revenues of $1. 7 per cent in the first 51 weeks of 2023 to 5. Compared to last year’s music consumption data, vinyl sales fell from 34. 1 million were picked up by Oct 22, 2024 · After music sales data leader Luminate published data showing a 33% decline in 2024 vinyl sales, those directly involved in the sector offered stats showing that vinyl sales are up and an The convenience and portability of these new formats appealed to consumers, leading to a decline in vinyl record sales. In fact, vinyl album sales growth began long before streaming even emerged as a way to consume music. pcims xrke vixx puol jeokf zytp blss jlwo xirswv zhdjqjm mhk sqiqs zvik ncebj jzuml