Overall music sales in Sweden in 2012 showed an increase of 14 percent, from just over SEK 829 million in sales in 2011 to over SEK 943 million in 2012, according to the Swedish Recording Industry Association (GLF).
Digital sales continue to increase and now account for 63 percent of total music sales, up by 12 percentage points compared to last year. A total of 90 percent of the digital sales come from streamed music services (82 percent in 2011) while 10 percent are from other internet services (18 percent in 2011).
Ludvig Werner, CEO, International Federation of the Phonographic Industry (IFPI) Sweden, commented on the figures:
“It’s very pleasing to see that 2012 was the best year for music sales since 2005. This is a clear sign that more consumers are paying for their music consumption than for some time. Now everyone can consume music legally in whatever way they choose: streamed, downloaded or on CD. We hope that a recovering market for music will encourage artists and music companies to release more music and that in turn our entrepreneurs will create even more and better services for music consumption.”
| (All the numbers below are in thousands):
More information on GLF’s statistics:
- Album sales account for 35 percent of total music sales. Sales of physical albums decreased by 15 percent in 2012.
- Of the total music sales, 40 percent are Swedish performers and 60 percent are international performers.
- Vinyl sales increased by 59 percent in 2012 but still represent just 1.4 percent of total music sales.
You can find more music sales statistics at www.ifpi.se
For further information, please contact: Lisa Cronstedt, Communications Manager, IFPI Sweden, e-mail: email@example.com