I Canadian Market

Sound Recordings in Canada 

Idol and Star Academie output. The most

Retail Sales and Market Trends

growth by format was posted by DVD

music videos, a trend seen in most major

Retail sales for sound recordings in Canada

world markets, though the quantities for

declined 2.9% from 2002 to 2003, contin 

this relatively new format are still marginal.

uing the downward trend that began after

Sales of music DVDs in Canada grew

its peak in 1998. Total retail value of the

150%, to four million units sold, from 

Canadian sound recording market in 2003

1.6 million the year before.

20

was $946.4 million, down from $974.8

million the year before. Since 1999, the

market's retail value has dropped 28.1%.

19

Retail Sales of Recordings 

in Canada ($000,000 CAD)

Unit sales of albums in the top 200

1,500

by Canadian artists grew 36.8%

between 2001 and 2003, while 

1,441.5

1,200

1,356.8

1,318.1

1,316.1

foreign artists have shown a steady

1,223.6

1,210.1

decline, falling 34.8% in the same

900

1,130.7

1,064.0

974.6

946.4

period.

600

Compact disc sales declined 7%, from 

300

57 million units to 53.1 million in 2003.

Cassette tapes continued their slide, with

0

64% fewer units sold. Sale of singles

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

jumped 50%, due largely to Canadian

Source: Music & Copyright, July 7, 2004.

y

12