British recorded music exports experienced significant growth in 2022, surpassing previous records despite intensifying global competition. Figures published by the BPI, the trade association repre…
’s collaboration “Cold Heart ” and Ed Sheeran’s “Shivers” also placed within the year’s Top 10.
2022 witnessed double-digit percentage growth in physical and digital download sales, streams, and other forms of British music consumption across all regions worldwide. This is notable given the fiercely competitive nature of the global streaming economy. Emerging music markets, such as the Middle East , Africa , and Latin America , experienced substantial growth in streaming user bases. Established markets also displayed an increase in U.K.
Although the U.K.’s second-largest market, Germany, experienced a more modest 4% increase in music exports, double-digit percentage growth was observed in France , Australia , Canada , the Netherlands , Italy , Spain , and Brazil . India recorded the most substantial percentage growth, with a 130% year-on-year increase in revenue, establishing it as one of the U.K.’s top 20 overseas markets for recorded music. Only China, among the U.K.
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