Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Hong Kong SAR - 2023
Contents:
- Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Hong Kong SAR (FOB) - 2022
- Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Hong Kong SAR (CIF) - 2022
- Exports of Optical Media; Recorded, Excluding Products of Chapter 37 in Hong Kong SAR
- Imports of Optical Media; Recorded, Excluding Products of Chapter 37 in Hong Kong SAR
Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for optical media; recorded, excluding products of chapter 37s amounted to $83 per unit, growing by 26% against the previous year. In general, the export price recorded significant growth. The pace of growth was the most pronounced in 2020 an increase of 113% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($319 per unit), while the average price for exports to Macao SAR ($11 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 China (+48.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for optical media; recorded, excluding products of chapter 37s amounted to $18 per unit, jumping by 17% against the previous year. In general, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 32%. The import price peaked at $21 per unit in 2020; however, from 2021 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 Singapore ($68 per unit), while the price for South Korea ($6.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Optical Media; Recorded, Excluding Products of Chapter 37 in Hong Kong SAR
In 2022, the amount of optical media; recorded, excluding products of chapter 37s exported from Hong Kong SAR contracted sharply to 8M units, waning by -18.8% on the previous year's figure. Overall, exports recorded a precipitous decline. Over the period under review, the exports of reached the peak figure at 23M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of optical media; recorded, excluding products of chapter 37s rose to $663M in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 23%. As a result, the exports attained the peak of $831M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Optical Media; Recorded, Excluding Products of Chapter 37 in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 498 | 680 | 458 | 534 | 2.4% |
| Taiwan (Chinese) | 25.4 | 27.3 | 31.4 | 27.5 | 2.7% |
| South Korea | 13.3 | 11.1 | 8.8 | 22.2 | 18.6% |
| Bangladesh | 10.5 | 31.0 | 44.1 | 20.0 | 24.0% |
| Singapore | 16.6 | 18.6 | 19.3 | 17.3 | 1.4% |
| Macao SAR | 1.6 | 3.5 | 4.0 | 11.2 | 91.3% |
| Pakistan | 49.3 | 23.0 | 46.8 | 8.7 | -43.9% |
| Others | 59.5 | 36.3 | 33.5 | 22.3 | -27.9% |
| Total | 674 | 831 | 646 | 663 | -0.5% |
Top Export Markets for Optical Media; Recorded, Excluding Products of Chapter 37 from Hong Kong SAR in 2022:
- China (1676.1K units)
- Taiwan (Chinese) (1254.3K units)
- South Korea (983.1K units)
- Macao SAR (980.9K units)
- Singapore (911.7K units)
- Bangladesh (611.5K units)
- Pakistan (265.8K units)
Imports of Optical Media; Recorded, Excluding Products of Chapter 37 in Hong Kong SAR
In 2022, approx. 15M units of optical media; recorded, excluding products of chapter 37s were imported into Hong Kong SAR; waning by -28.5% against 2021 figures. Overall, imports saw a precipitous setback. The pace of growth was the most pronounced in 2021 when imports increased by 0.7% against the previous year. Imports peaked at 30M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of optical media; recorded, excluding products of chapter 37s shrank remarkably to $263M in 2022. In general, imports faced a abrupt decrease. The smallest decline of -15.6% was in 2020. Imports peaked at $504M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Optical Media; Recorded, Excluding Products of Chapter 37 in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 157 | 130 | 94.9 | 54.4 | -29.8% |
| China | 106 | 43.5 | 54.7 | 44.5 | -25.1% |
| South Korea | 23.0 | 30.9 | 31.5 | 34.4 | 14.4% |
| Germany | 27.8 | 16.7 | 15.0 | 34.2 | 7.2% |
| United States | 36.4 | 36.2 | 36.4 | 26.5 | -10.0% |
| Singapore | 30.3 | 30.9 | 16.1 | 19.5 | -13.7% |
| Ireland | 40.3 | 76.9 | 26.0 | 11.7 | -33.8% |
| Taiwan (Chinese) | 38.9 | 31.3 | 13.3 | 5.0 | -49.5% |
| Austria | 1.0 | 0.3 | 2.5 | 2.2 | 30.1% |
| Others | 42.8 | 28.6 | 24.1 | 30.3 | -10.9% |
| Total | 504 | 425 | 314 | 263 | -19.5% |
Top Suppliers of Optical Media; Recorded, Excluding Products of Chapter 37 to Hong Kong SAR in 2022:
- South Korea (5.3M units)
- Japan (3.8M units)
- China (1.9M units)
- Germany (1.1M units)
- United States (0.6M units)
- Singapore (0.3M units)
- Austria (0.3M units)
- Taiwan (Chinese) (0.2M units)
- Ireland (0.2M units)
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