Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in India - 2023

Contents:

  1. Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in India (CIF) - 2022
  2. Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in India (FOB) - 2022
  3. Imports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in India
  4. Exports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in India

Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in India (CIF) - 2022

The average import price for video recording or reproducing apparatus; magnetic tape-types stood at $70 per unit in 2022, approximately mirroring the previous year. Over the period under review, the import price continues to indicate a slight setback. The pace of growth appeared the most rapid in 2020 an increase of 40%. As a result, import price attained the peak level of $125 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($109 per unit), while the price for Hong Kong SAR ($21 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced a decline.

Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in India (FOB) - 2022

The average export price for video recording or reproducing apparatus; magnetic tape-types stood at $107 per unit in 2022, waning by -6.9% against the previous year. Overall, the export price recorded a abrupt setback. The growth pace was the most rapid in 2016 an increase of 312%. Over the period under review, the average export prices hit record highs at $216 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($579 per unit), while the average price for exports to Nigeria ($41 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in India

In 2022, the amount of video recording or reproducing apparatus; magnetic tape-types imported into India surged to 42K units, picking up by 75% compared with the previous year's figure. Over the period under review, imports posted a strong expansion. The growth pace was the most rapid in 2021 with an increase of 111%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of video recording or reproducing apparatus; magnetic tape-types soared to $2.9M in 2022. In general, imports saw a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8923021,0372,43439.7%
Taiwan (Chinese)2472182343077.5%
Hong Kong SAR32980.862.425.5-57.4%
Others799820366175-39.7%
Total2,2661,4221,7002,9429.1%

Top Suppliers of Video Recording or Reproducing Apparatus; Magnetic Tape-Type to India in 2022:

  1. China (37.6K units)
  2. Taiwan (Chinese) (2.8K units)
  3. Hong Kong SAR (1.2K units)

Exports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in India

In 2022, overseas shipments of video recording or reproducing apparatus; magnetic tape-types increased by 23% to 1.2K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a sharp decline. Over the period under review, the exports of reached the peak figure at 3.2K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of video recording or reproducing apparatus; magnetic tape-types rose remarkably to $131K in 2022. In general, exports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 68%. The exports peaked at $201K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BangladeshN/A0.60.146.6781.3%
United States85.13.512.115.8-43.0%
Germany0.61.2N/A14.5189.1%
JapanN/AN/A4.211.0161.9%
Singapore51.30.41.010.5-41.1%
Angola0.3N/A0.44.1139.1%
Bhutan3.73.44.93.91.8%
Nigeria0.11.51.31.3135.1%
Maldives0.313.10.81.154.2%
United Arab Emirates4.00.849.11.0-37.0%
Nepal10.68.92.80.2-73.4%
Guatemala0.3N/AN/AN/A0%
Malaysia4.6N/AN/AN/A0%
Others40.634.437.720.6-20.2%
Total20167.9114131-13.3%

Top Export Markets for Video Recording or Reproducing Apparatus; Magnetic Tape-Type from India in 2022:

  1. Bangladesh (882.0 units)
  2. Germany (47.0 units)
  3. United States (43.0 units)
  4. Bhutan (42.0 units)
  5. Nigeria (33.0 units)
  6. Singapore (25.0 units)
  7. Maldives (24.0 units)
  8. Angola (24.0 units)
  9. Japan (19.0 units)
  10. Nepal (14.0 units)
  11. United Arab Emirates (11.0 units)

Source: IndexBox Market Intelligence Platform

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