CURIOSITIES

For the first time since 1987, vinyl sales exceed CD sales in the U.S.

The Recording Industry Association of America (RIAA) released its latest report showing that for the first time since 1987, vinyl record sales surpassed CD sales in the US in 2022.

In 2022, 41 million vinyl records were sold in the US while CDs stopped at 33 million. A clear break, showing that vinyl fans remain an essentially loyal audience while those who use more modern media evidently prefer to turn to other markets (online streaming in particular).

Let's find out some numbers from the RIAA report.

freepik
Historic overtaking of vinyl sales in 2022
The Recording Industry Association of America (RIAA) released its latest report showing that for the first time since 1987, vinyl record sales surpassed CD sales in the US in 2022. In 2022, 41 million vinyl records were sold in the US while CDs stopped at 33 million.
freepik
More vinyls sold than CDs in the U.S.
A clean break, showing that vinyl fans remain an essentially loyal audience while those who use more modern media evidently prefer to turn to other markets (online streaming in particular). Let's find out some numbers from the RIAA report.
freepik
The numbers on turnover
According to figures released by the Recording Industry Association of America (RIAA), sales of vinyl records and CDs have grown in general in terms of revenue, registering a plus of 4 per cent in 2022 and $1.7 billion more. The physical vinyl medium accounts for 71% of this business.
freepik
The decline in sales of digital downloads
In contrast, there was a 20% drop in digital download sales. In 2022, the drop was precisely 20%, while in 2021 it was 12%. CD sales, on the other hand, fell by 18% in 2022.
freepik
The music streaming market
According to data released by the RIAA, the music streaming market was worth USD 13 billion in 2022. Services such as Spotify and Apple Music accounted for 84% of total music revenues in 2022 (rising by 7%).
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