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UK music consumption up again, as British artists fill top ten of 2022
04.01.2023 - 23:01 / completemusicupdate.com
Music consumption in the UK was up again in 2022 – or so says record industry trade group BPI in its customary end-of-year stats pack focused on how much music was streamed by and sold to British consumers in the last twelve months.Based on its crunching of Official Charts Company data, the BPI reckons that 159.3 billion audio streams occurred on digital music platforms in the UK last year, up 8.2% on 2021. This means that, in the average week, more than three billion audio streams are being played by British consumers across the various music services. Good times.If you do the magical (and only slightly mysterious) maths that equates streams to album sales, streaming accounted for 86.1% of recorded music sales last year, in terms of units rather than cash through the till.
As for the other 13.9%, that comes from the sale of downloads, CDs, vinyl and cassettes, of course.Which of those sold the most? Go on, have a guess. That’s right. It’s the format we all love.
The format that gets everyone excited. The nostalgia! The retro sensation! The warm glow as you set the listening experience in motion!Yes, we’re talking about the good old compact disc. Because who doesn’t love a CD?! And, perhaps importantly, we’re talking about units here, remember.Vinyl is now outperforming CD in revenue terms, but when it comes to units shifted, 11.6 million CDs were sold in the UK last year, compared to 5.5 million vinyl records.
You can just get away with selling vinyl at a much higher price. There were also 3.7 million album download sales last year (somehow), while somebody somewhere bought 195,000 cassettes.But what music specifically were British people streaming and buying and playing in 2022? British music, that’s what. Good,
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