Price for Optical Media; Recorded, Excluding Products of Chapter 37 in South Korea - 2022
Contents:
- Price for Optical Media; Recorded, Excluding Products of Chapter 37 in South Korea (FOB) - 2022
- Price for Optical Media; Recorded, Excluding Products of Chapter 37 in South Korea (CIF) - 2022
- Exports of Optical Media; Recorded, Excluding Products of Chapter 37 in South Korea
- Imports of Optical Media; Recorded, Excluding Products of Chapter 37 in South Korea
Price for Optical Media; Recorded, Excluding Products of Chapter 37 in South Korea (FOB) - 2022
In 2022, the average export price for optical media; recorded, excluding products of chapter 37s amounted to $31 per unit, rising by 4.5% against the previous year. In general, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices reached the peak figure at $48 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($38 per unit), while the average price for exports to the Czech Republic ($3.5 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 Germany (+8.7%), 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 South Korea (CIF) - 2022
The average import price for optical media; recorded, excluding products of chapter 37s stood at $37 per unit in 2022, reducing by -7.4% against the previous year. In general, the import price recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 an increase of 19%. The import price peaked at $154 per unit in 2013; however, from 2014 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 Sweden ($357 per unit), while the price for China ($17 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2.5%), while the prices for the other major suppliers experienced a decline.
Exports of Optical Media; Recorded, Excluding Products of Chapter 37 in South Korea
For the fourth year in a row, South Korea recorded growth in overseas shipments of optical media; recorded, excluding products of chapter 37s, which increased by 0.8% to 23M units in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 60% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of optical media; recorded, excluding products of chapter 37s expanded markedly to $709M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Optical Media; Recorded, Excluding Products of Chapter 37 in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 119 | 205 | 185 | 277 | 32.5% |
| United States | 121 | 110 | 292 | 212 | 20.6% |
| China | 85.9 | 89.0 | 92.1 | 110 | 8.6% |
| Taiwan (Chinese) | 7.3 | 10.5 | 11.2 | 11.7 | 17.0% |
| Indonesia | 2.1 | 5.3 | 9.8 | 11.6 | 76.8% |
| Germany | 1.0 | 1.7 | 5.1 | 9.9 | 114.7% |
| Czech Republic | 1.7 | 4.3 | 2.5 | 0.1 | -61.1% |
| Others | 38.1 | 44.5 | 74.9 | 77.2 | 26.5% |
| Total | 376 | 471 | 673 | 709 | 23.5% |
Top Export Markets for Optical Media; Recorded, Excluding Products of Chapter 37 from South Korea in 2022:
- Japan (9.0M units)
- United States (5.5M units)
- China (3.7M units)
- Germany (0.8M units)
- Taiwan (Chinese) (0.4M units)
- Indonesia (0.4M units)
Imports of Optical Media; Recorded, Excluding Products of Chapter 37 in South Korea
Imports of optical media; recorded, excluding products of chapter 37s into South Korea was estimated at 6.6M units in 2022, surging by 5.1% on the previous year. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. As a result, imports attained the peak of 6.9M units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of optical media; recorded, excluding products of chapter 37s fell slightly to $244M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 9.1%. As a result, imports attained the peak of $250M, and then declined slightly in the following year.
| Import of Optical Media; Recorded, Excluding Products of Chapter 37 in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 70.8 | 60.2 | 69.4 | 53.4 | -9.0% |
| United States | 42.9 | 59.9 | 53.9 | 50.8 | 5.8% |
| Germany | 33.4 | 30.8 | 28.8 | 31.0 | -2.5% |
| Singapore | 16.6 | 18.6 | 17.7 | 21.2 | 8.5% |
| China | 5.7 | 4.5 | 4.1 | 20.6 | 53.5% |
| Taiwan (Chinese) | 13.1 | 16.4 | 16.3 | 16.1 | 7.1% |
| Others | 57.7 | 39.2 | 60.2 | 50.7 | -4.2% |
| Total | 240 | 230 | 250 | 244 | 0.6% |
Top Suppliers of Optical Media; Recorded, Excluding Products of Chapter 37 to South Korea in 2022:
- United States (2900.1K units)
- Germany (1612.9K units)
- China (1191.8K units)
- Japan (449.7K units)
- Singapore (178.6K units)
- Taiwan (Chinese) (68.2K units)
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