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

Contents:

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

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

In 2022, the average import price for video recording or reproducing apparatus; magnetic tape-types amounted to $64 per unit, which is down by -71.9% against the previous year. In general, the import price showed a drastic downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 137% against the previous year. As a result, import price reached the peak level of $694 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to -1.3% per year.

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

The average export price for video recording or reproducing apparatus; magnetic tape-types stood at $98 per unit in 2022, falling by -4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 160%. Over the period under review, the average export prices hit record highs at $271 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($273 per unit), while the average price for exports to Papua New Guinea ($16 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 Italy (+25.6%), 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 Australia

Imports of video recording or reproducing apparatus; magnetic tape-types into Australia skyrocketed to 5.6K units in 2022, picking up by 648% compared with the previous year. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of video recording or reproducing apparatus; magnetic tape-types skyrocketed to $357K in 2022. Over the period under review, imports showed a significant expansion. 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 Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China67.317.726.332168.3%
South KoreaN/AN/A39.7N/A0%
Others10119510435.6-29.4%
Total16821317035728.6%

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

  1. China (5.5K units)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of video recording or reproducing apparatus; magnetic tape-types, when their volume decreased by -53% to 2K units. In general, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 21%. As a result, the exports reached the peak of 4.2K units, and then fell dramatically in the following year.

In value terms, exports of video recording or reproducing apparatus; magnetic tape-types shrank remarkably to $195K in 2022. Overall, exports showed a pronounced setback. The growth pace was the most rapid in 2021 when exports increased by 72%. As a result, the exports reached the peak of $431K, and then shrank markedly in the following year.

Export of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand68.511040.043.1-14.3%
Canada3.241.637.137.2126.5%
AustriaN/AN/A22535.4-84.3%
United Kingdom32.710.33.918.4-17.4%
United States8.413.457.36.4-8.7%
Papua New Guinea2.16.821.94.428.0%
Italy8.3N/AN/AN/A0%
Others83.869.146.149.8-15.9%
Total207251431195-2.0%

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

  1. New Zealand (1116.0 units)
  2. Papua New Guinea (267.0 units)
  3. United Kingdom (191.0 units)
  4. Austria (166.0 units)
  5. Canada (136.0 units)
  6. United States (53.0 units)

Source: IndexBox Market Intelligence Platform

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