Wholesale sales volume of vinyl albums in Australia 2013-2022

In 2022, the total wholesale sales volume of vinyl records sold in Australia amounted to approximately 1104 thousand units. This marked an increase from the previous year when sales were only around one thousand units.

Vinyl records in Australia

Recently vinyl records have seen a spectacular comeback, reviving interest in analog music in an era dominated by digital media. Vinyl is considered a nostalgic and real way to listen to music, and its distinct and warm sound has attracted collectors and fans alike. Vinyl sales have increased significantly across the nation; around a million vinyl records were sold in Australia in 2022. That same year, sales of vinyl albums were worth 35.46 million Australian dollars, representing an increase from the previous year and continued year-on-year growth. Vinyl culture has become an enduring and iconic aspect of Australia's music environment, having flourished not only inside specialized communities but also in reviving a broader enthusiasm for physical music forms.

Australia’s music market

Australia's music market is a dynamic and evolving industry that mirrors how people are consuming music. The market has adjusted to the technological shift by placing a strong emphasis on digital platforms and streaming services, which have made music easily accessible to a wide audience. Live performances, concerts, and festivals are also an essential component of the Australian music industry. Due to the impact of the COVID-19 pandemic, the Australian live music market experienced a significant decline in 2020, yet it is anticipated to come back to life in recent years. The music industry's resilience and significance within the nation's cultural landscape are highlighted by its ability to combine tradition and innovation and adapt to the ever-changing tastes of the audience. By the year 2024, the market is projected to grow to 2.3 billion Australian dollars.