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

Contents:

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

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

The average import price for video recording or reproducing apparatus; magnetic tape-types stood at $3.6 per unit in 2022, which is down by -78.6% against the previous year. In general, the import price showed a sharp decline. The pace of growth appeared the most rapid in 2013 an increase of 58%. As a result, import price attained the peak level of $141 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 the United Arab Emirates amounted to +15.3% per year.

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

In 2022, the average export price for video recording or reproducing apparatus; magnetic tape-types amounted to $13 per unit, dropping by -49.5% against the previous year. Overall, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2013 an increase of 44%. As a result, the export price attained the peak level of $38 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($31 per unit), while the average price for exports to Georgia ($1 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 the UK (-7.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of video recording or reproducing apparatus; magnetic tape-types increased by 319% to 27K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded 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 reduced to $95K in 2022. In general, imports, however, faced a deep reduction. Over the period under review, imports of attained the peak figure at $172K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China77.231.524.094.26.9%
Taiwan (Chinese)N/A8.6N/AN/A0%
South Korea72.463.559.7N/A-9.2%
Others22.618.622.11.0-64.6%
Total17212210695.1-17.9%

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

  1. China (26.8K units)

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

Exports of video recording or reproducing apparatus; magnetic tape-types from Azerbaijan stood at 4 units in 2022, approximately mirroring the year before. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of video recording or reproducing apparatus; magnetic tape-types reduced markedly to $51 in 2022. In general, exports showed a significant decline. The exports peaked at $101 in 2021, and then declined remarkably in the following year.

Export of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Azerbaijan (USD)
COUNTRY20212022CAGR,
2021-2022
United Kingdom65.031.0-52.3%
France33.018.0-45.5%
United States2.01.0-50.0%
Georgia1.01.00.0%
OthersN/AN/A0%
Total10151.0-49.5%

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

  1. United States (1.0 units)
  2. United Kingdom (1.0 units)
  3. Georgia (1.0 units)
  4. France (1.0 units)

Source: IndexBox Market Intelligence Platform

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