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

Contents:

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

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

The average export price for video recording or reproducing apparatus; magnetic tape-types stood at $49 per unit in 2022, with a decrease of -52.1% against the previous year. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of 149% against the previous year. The export price peaked at $185 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($2,022 per unit), while the average price for exports to Singapore ($39 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 (+37.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for video recording or reproducing apparatus; magnetic tape-types amounted to $3.6 per unit, dropping by -86.8% against the previous year. In general, the import price saw a significant decrease. The growth pace was the most rapid in 2016 an increase of 215% against the previous year. The import price peaked at $227 per unit in 2012; however, from 2013 to 2022, 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 Hong Kong SAR ($584 per unit), while the price for Malta ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+35.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas shipments of video recording or reproducing apparatus; magnetic tape-types were finally on the rise to reach 7.6K units after two years of decline. Over the period under review, exports showed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of video recording or reproducing apparatus; magnetic tape-types skyrocketed to $372K in 2022. In general, exports posted resilient growth. The growth pace was the most rapid in 2021 when exports increased by 73%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Export of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brunei DarussalamN/A12954.820225.1%
SingaporeN/AN/A6.71612303.0%
United States2643.8N/AN/A-98.6%
PhilippinesN/AN/A181N/A0%
Others18.119.923.09.0-20.8%
Total2821532653729.7%

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

  1. Singapore (4.1K units)
  2. Brunei Darussalam (3.4K units)

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

In 2022, imports of video recording or reproducing apparatus; magnetic tape-types into Malaysia soared to 11K units, increasing by 120% against the previous year's figure. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,143% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of video recording or reproducing apparatus; magnetic tape-types fell rapidly to $41K in 2022. In general, imports recorded perceptible growth. The pace of growth was the most pronounced in 2021 with an increase of 270% against the previous year. As a result, imports attained the peak of $140K, and then fell markedly in the following year.

Import of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.06.110322.817.7%
MaltaN/AN/AN/A5.20%
Others22.331.837.612.8-16.9%
Total36.337.914040.84.0%

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

  1. Malta (10.0K units)
  2. China (1.3K units)

Source: IndexBox Market Intelligence Platform

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