Wholesale sales value of vinyl albums in Australia 2013-2022

Vinyl album sales in Australia reached 35.46 million Australian dollars in 2022, representing an increase from the previous year and continued year-on-year growth.

Vinyl records in Australia

Vinyl is regarded as an authentic and sentimental way to listen to music, and its unique and warm quality has captivated collectors and enthusiasts alike. In an era dominated by digital media, vinyl records surprisingly made a stunning comeback. Over the past five years, vinyl record sales have been gradually increasing in Australia. In 2022, the total wholesale sales volume of vinyl records sold in the country was about 1104 thousand units. That same year, vinyl record sales exceeded one million copies. This vinyl revival celebrates album cover art as much as the music itself, creating a complete and treasured musical experience.

Australian music industry

Although it is not as large as some of the world's largest music markets, the Australian music industry is robust and dynamic. The Australian music market is anticipated to expand to 2.3 billion Australian dollars by the year 2024. Since the emergence of digital streaming services, the industry has undergone tremendous changes, changing the ways in which music is produced, distributed, and consumed. The distribution model has been completely transformed by such platforms as YouTube, Apple Music, Spotify, and more, making physical media like CDs and vinyl less popular. In 2020, the digital music distribution industry in Australia reached a market value of approximately one billion Australian dollars and it is only expected to grow further.