IFPI Sweden has released its figures for 2014. These show that the value of the total sales of recorded music in Sweden decreased slightly by 0.4% to 987 million SEK.
In 2014 digital sales in Sweden accounted for 83.8% of total sales. 79.2% of total sales came from music streaming services.
The value of CD sales declined by 34% and accounts for 15% of the total market. Vinyl went up by 45.6% and sales of vinyl in Sweden was worth SEK 20.7 million, against 14.2 million SEK in 2013. 2.1% of total sales were vinyl.
– We are positive to the market in 2015 and expect to see a continued growth in streaming services, says Ludvig Werner, director of IFPI Sweden.
IFPI Norway released its figures for 2014 in January. These showed a decline of 0.5%, from 603 million NOK in 2013 to 601 million NOK in 2014.
In Norway, streaming accounted for 75% of total sales in 2014, while CD and vinyl accounted for 14%. Vinyl sales were worth 15 million NOK in 2014.
The Norwegian share in total, based on value, was 21% in 2014. Of the total sales in Sweden, the share of Swedish repertoire was 31.9% in 2014.